White House Government Agencies

  • *USDA sees rising U.S. soy exports trimming 2016/ 17 stocks. At the Chicago Board of Trade as of 1:03 p.m. CDT, most-active July soybean futures were up 57-1/ 2 cents at $10.84 per bushel. The market surged after the USDA, its first supply/demand forecasts for the 2016/ 17 marketing year, projected U.S. soybean ending stocks at 305 million bushels, below an average of...

  • WASHINGTON, May 10- A federal judge has ruled that two Pennsylvania hospital systems may proceed with a planned merger, refusing to order a preliminary injunction sought by the Federal Trade Commission. District Judge John Jones of the U.S. District Court for the Middle District of Pennsylvania on Monday said that the FTC had not shown it would likely succeed in...

  • May 9- If you ever wondered what an hourlong, online, wide-ranging question and answer session with an influential central banker would look like, wonder no more. San Francisco Federal Reserve President John Williams on Monday said the U.S. economy is in good shape and that low inflation is "the biggest issue for central banks today." He also said he likes playing the...

  • *June rate hike possible, but need stronger inflation, jobs. MINNEAPOLIS, May 9- Minneapolis Federal Reserve Bank President Neel Kashkari on Monday signaled his support for the cautious and patient approach to rate hikes laid out by Fed Chair Janet Yellen, saying the current stance of monetary policy is "about right." "To me, just looking at the raw data, it says we...

  • WASHINGTON, May 9- The U.S. Federal Communications Commission and Federal Trade Commission on Monday jointly sent letters to mobile carriers including AT&T Inc, Sprint Corp, Verizon Communications Inc and others asking questions about how they release security updates in the wake of growing questions about security vulnerabilities, the agencies said.

  • MINNEAPOLIS, May 9- Minneapolis Federal Reserve Bank President Neel Kashkari on Monday signaled his support for the cautious and patient approach to rate hikes laid out by Fed Chair Janet Yellen, saying the current stance of monetary policy is "about right." "To me, just looking at the raw data, it says we should be accommodative, and I think we have this other societal...

  • *Lending Club slumps after CEO resigns. May 9- Wall Street was little changed on Monday after Friday's lackluster U.S. jobs report suggested the Federal Reserve will raise rates just once this year, while cautious investors allowed for only a short-lived rally in oil prices. Crude prices surrendered early gains made after wildfires in Canada hit supplies, and...

  • *Lending Club slumps after CEO resigns. May 9- Wall Street was set to open slightly higher on Monday after Friday's lackluster U.S. jobs report suggested the Federal Reserve will raise rates just once this year. "I'm looking for a steady to choppy market with an upward bias," said Peter Cardillo Chief Market Economist at First Standard Financial in New York.

  • May 9- U.S. stock index futures were higher on Monday, extending gains from Friday after the disappointing U.S. jobs report suggested the Federal Reserve would raise rates just once this year and as crude rallied after a wildfire in Canada hit supplies. *Wall Street rebounded from early losses and closed higher on Friday after investors focused on the positive...

  • Republican presidential candidate Donald Trump speaks at a campaign event at The Palladium at the Center for Performing Arts in Carmel, Indiana, U.S. May 2, 2016.

    Donald Trump called Hillary Clinton an "unbelievably nasty, mean enabler" of her husband Bill Clinton, NBC News reports.

  • TORONTO, May 6- Canada's main stock index rose on Friday as gold shares rallied after data tempered Federal Reserve rate hike expectations, while energy stocks also gained after oil prices turned higher. About one-third of Canada's daily oil sands crude capacity was knocked out and some pipelines were closed as a wildfire ravaged the oil town of Fort McMurray...

  • May 6- In the years before hackers stole $81 million from a Bangladesh central bank account at the Federal Reserve Bank of New York, senior Fed security officials examined the risk of such an attack- but judged the prospect unlikely, bank sources told Reuters. Over several years, New York Fed and Federal Bureau of Investigation officials discussed the risk of an...

  • WASHINGTON, May 6- The U.S. Federal Communications Commission confirmed on Friday that it had voted to approve Charter Communications Inc's acquisitions of Time Warner Cable Inc and Bright House Networks. A majority of the five-member FCC voted to approve the deals earlier this week. The FCC said in a statement Friday that an "order detailing the commission's...

  • NEW YORK, May 6- Wall Street's top banks have all but abandoned any expectation that the Federal Reserve will raise interest rates in June, and most now see the U.S. central bank's next rate hike coming in September, according to a Reuters survey conducted on Friday. "This report did very little to make the case for a June rate hike," said Gennadiy Goldberg, an interest...

  • CHICAGO, May 6- The U.S. Centers for Disease Control and Prevention has pushed back against complaints from Chipotle Mexican Grill that the health agency misinformed the public with its reporting of certain E. coli cases linked to the burrito chain. The CDC's response, which was posted online this week and dated April 15, said its updates provided people who may...

  • WASHINGTON, May 6- The U.S. economy added the fewest number of jobs in seven months in April and Americans dropped out of the labor force in droves, signs of weakness that left economists anticipating only one interest rate hike from the Federal Reserve this year. Nonfarm payrolls increased by 160,000 jobs last month as construction employment barely rose and...

  • WASHINGTON, May 6- A slowdown in U.S. hiring coupled with a jump in wages last month dovetails with what the Federal Reserve expected as the economy approaches full employment and is not likely to alter its interest rate hike trajectory. The Labor Department reported on Friday that 160,000 jobs were added in April, short of the 215,000 expected by economists and...

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    Just won the Powerball drawing? What now? Here are 10 tongue-in-cheek suggestions for what to do after meeting with a financial planner.

  • LONDON, May 6- Gold jumped 1 percent on Friday after U.S. non-farm payrolls data for April came in weaker than expected, boosting expectations the Federal Reserve will delay further interest rate increases. The Labor Department report showed the U.S. economy added 160,000 jobs in April, the fewest in seven months, and Americans dropped out of the labour force in...

  • *Average hourly earnings rise eight cents. WASHINGTON, May 6- The U.S. economy added the fewest number of jobs in seven months in April and Americans dropped out of the labor force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the year. Nonfarm payrolls increased by 160,000 jobs last month as...