×

White House Government Agencies

  • Dec 14- The U.S. Food and Drug Administration said on Wednesday it denied Swedish Match AB's request to remove a currently required warning stating that its eight smokeless tobacco products can cause gum disease and tooth loss. The FDA authorized the sale of eight smokeless tobacco products known as "snus" under its "General" brand by Swedish Match last year.

  • Dec 14- Wall Street opened little changed on Wednesday, a day after all three major indexes hit record highs, as investors refrained from making large bets ahead of the outcome of the U.S. Federal Reserve meeting where the central bank is widely expected to raise interest rates. The Dow Jones Industrial Average fell 20.57 points, or 0.1 percent, to 19,890.64.

  • *China bank lending heads for record as Nov new loans rise. *New Caledonia nickel miners seek to step up China shipments. LONDON, Dec 14- Copper steadied on Wednesday as investors remained upbeat on China's growth prospects but were anxious ahead of an expected U.S. rate rise and Federal Reserve commentary on the outlook for further monetary tightening and growth...

  • *New Caledonia nickel miners seek to step up China shipments. LONDON, Dec 14- Copper edged up on Wednesday as investors remained upbeat on China's growth prospects while awaiting a Federal Reserve commentary that may cast more light on the outlook for U.S. rate increases and growth next year. "Its been getting ahead of itself on optimism over demand, both from China...

  • *Fed statement scheduled for 1900 GMT Wednesday. LONDON, Dec 14- Gold hovered at slightly firmer levels on Wednesday as investors kept to the sidelines, confident that the U.S. central bank will hike rates, but unsure about guidance for next year. "Gold is in no-man's land today, waiting for more insight from the Federal Reserve," said Gianclaudio Torlizzi, partner at...

  • LONDON, Dec 14- Sterling steadied on Wednesday after data showed the number of people in work in Britain falling but wages growing, as investors focused on a Federal Reserve meeting later in the day that is set to produce the first interest rate rise in a year. The Office for National Statistics numbers suggested a slowing in the labor market after the Brexit vote,...

  • *Budapest stocks hit record high for second day in a row. BUDAPEST/ WARSAW, Dec 14- Central European assets firmed on Wednesday, with Budapest stocks hitting a record high, as investors were optimistic that the Federal Reserve will not signal a higher-than-expected interest rate trajectory. Awaiting the Fed's comments, investors shrugged off local factors,...

  • LONDON, Dec 14- World stocks nudged lower, bond yields fell and a hush settled on the dollar, with investors certain the Federal Reserve will lift interest rates for the first time in a year on Wednesday but less so about what it may do in 2017.. Asian stocks outside Japan eked out just a 0.1 percent gain, while benchmark indices in Japan and China dithered either side...

  • TOKYO, Dec 14- Japan's Nikkei share average ended little changed on Wednesday, with investors wary of taking fresh positions ahead of a closely watched monetary policy decision by the Federal Reserve. The Nikkei ended the day up 0.02 percent at 19.253. 61, with the rise just enough for the index to mark its seventh straight day of gains. It brushed a one-year high of...

  • WASHINGTON, Dec 14- The Federal Reserve will conclude its two-day policy meeting on Wednesday afternoon with an interest rate increase all but assured and will issue new forecasts assessing whether the economic outlook has changed since the U.S. election. The latest policy statement and projections are to be released at 2 p.m. EST with a press conference by Fed...

  • *Asia shares edge up after Wall St makes more records. SYDNEY, Dec 14- Asia shares crept cautiously higher on Wednesday while a hush settled on the U.S. dollar as investors felt certain the Federal Reserve would raise rates for the first time in a year, but were less sure what it might herald for 2017.. Australia led the going early with a gain of 0.8 percent, though...

  • TOKYO, Dec 14- The dollar took a breather on Wednesday as investors waited to see if the U.S. Federal Reserve will signal any acceleration in the pace of future rate increases to deal with an expected ramp-up in fiscal spending under President-elect Donald Trump. I think they will maintain their previous projections to raise rates twice next year but if they turn...

  • *Asia shares edge up after Wall St makes more records. SYDNEY, Dec 14- Asia shares crept cautiously higher on Wednesday while a hush settled on the U.S. dollar as investors felt certain the Federal Reserve would raise rates for the first time in a year, but were less sure what it might herald for 2017.. Australia led the early going with gains of 0.7 percent and MSCI's...

  • TOKYO, Dec 14- The dollar took a breather on Wednesday as investors looked to whether the Federal Reserve will signal any acceleration in the pace of future rate increases to deal with an expected ramp-up in fiscal spending under President-elect Donald Trump. The euro traded little changed at $1.0628, off Monday's one-week low of $1.0525.

  • *Asia shares edge higher after Wall St makes more records. SYDNEY, Dec 14- Asia shares trailed Wall Street higher on Wednesday while the U.S. dollar held steady, with markets certain the Federal Reserve will raise rates for the first time in a year but less sure what it might signal for policy in 2017.. MSCI's broadest index of Asia-Pacific shares outside Japan edged...

  • Wells Fargo was one of five banks to fail an initial assessment in April. On Tuesday, regulators determined that Wells Fargo's living wills fell short and that the San Francisco- based bank would be sanctioned, the Federal Deposit Insurance Corporation said in a statement. Wells Fargo may submit an amended living will by March 31 and regulators may lift...

  • NEW YORK/ LONDON, Dec 13- Gold edged lower on Tuesday, losing its luster as the Federal Reserve began its two-day meeting during which it is expected to deliver the second U.S. interest rate hike in a decade and provide some insight into its outlook for 2017. Spot gold slipped by 0.6 percent to $1,155.65 an ounce by 2:47 p.m. EST, near Monday's 10- month low of...

  • *UniCredit unveils plans to raise 13 billion euros. NEW YORK, Dec 13- Global stock indexes rose while the dollar held steady on Tuesday as investors turned their focus to the U.S. "Understandably, the market is in a little bit of a holding pattern" ahead of the Fed's policy statement, said Richard Franulovich, a senior currency strategist at Westpac Banking Corp in New...

  • LONDON, Dec 13- Sterling fell late on Tuesday after surging on higher-than-expected inflation numbers and softer government rhetoric on Britain's planned departure from the European Union. Focus was shifting to U.S. Federal Reserve and Bank of England policy statements over the next two days but traders said the pound would continue to struggle to break...

  • A file photo showing a demonstration of a vehicle-to-vehicle (V2V) communication system.

    Vehicle-to-vehicle systems allow cars to communicate to warn drivers about potential accidents and prevent crashes, The Verge reports.