White House Government Agencies

  • FEDERAL RESERVE APPROVES GOLDMAN SACHS GROUP INC'S ACQUISITION OF GE CAPITAL'S U.S.

  • NEW YORK, March 21- The dollar edged up on Monday, bouncing back from a more than 1 percent loss against major currencies last week as investors shook off dovish statements from the Federal Reserve. The rally was prompted by the Fed reducing its rate hike outlook for the year and statements from Chair Janet Yellen that made note of potential risks to the global...

  • NEW YORK, March 21- U.S. San Francisco Fed President John Williams told Market News International that he would advocate for another interest rate hike as early as the April meeting, noting "very encouraging" progress in inflation. "There were some hawkish comments from a couple of Fed officials, on the margin pointing to the potential for the Fed to continue with...

  • WASHINGTON, March 21- Confronted with a plunge in its stock markets last year, China's central bank swiftly reached out to the U.S. The request came in a July 27 email from a People's Bank of China official with a subject line: "Your urgent assistance is greatly appreciated!" In a message to a senior Fed staffer, the PBOC's New York- based chief representative for the...

  • *Markets seen subdued with Japan shut for holiday. SYDNEY, March 21- The dollar stayed on the defensive early on Monday, having extended its losses for a third week in the wake of dovish signals from the Federal Reserve. Whether the market will resume selling remained to be seen with liquidity in Asia likely to be dampened by a holiday in Japan.

  • DHAKA, March 20- Bangladesh police met an official of the U.S. Federal Bureau of Investigation in Dhaka on Sunday to try to track down culprits in an attempted $951 million cyber heist from the country's central bank. Initial investigations aim to identify the origin of a transfer order for $81 million that the Federal Reserve Bank of New York paid from...

  • John Kasich

    "Under no circumstances" will John Kasich consider the Vice President slot, he told NBC News' "Meet the Press."

  • MONDAY, MARCH 21 SAVANNAH, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on the economic outlook and monetary policy before the Rotary Club of Savannah- 1640 GMT. LONDON- European Central Bank Vice President Vitor Constancio at the European Capital Markets conference "Expanding market-based finance for sustainable growth"...

  • WASHINGTON/ NEW YORK March 18- The U.S. Federal Communications Commission said on Friday that it had received 104 applications to take part in an auction of valuable low-frequency airwaves relinquished by TV broadcasters, including many wireless companies who want to use the airwaves to build new networks or improve existing coverage.

  • *Univ. of Michigan consumer sentiment lower than expected. NEW YORK, March 18- U.S. In contrast, at the December meeting of the Federal Open Market Committee, the central bank projections showed at least four rate increases for 2016. "This is still a follow-through from Wednesday's announcement from the Fed, but we are now in the re-evaluation stage," said Jim Vogel,...

  • Speculators in four major NYMEX and ICE markets decreased their bearish bets by 25,118 contracts to 74,872 in the week to March 15, the U.S. Commodity Futures Trading Commission said on Friday. Gas futures on the NYMEX averaged $1.81 per million British thermal units during the five trading days ended March 15, compared with $1.68 during the five trading days...

  • NEW YORK, March 18- Federal Reserve supervisors can reduce but not eliminate the risk of bank failures, New York Fed President William Dudley said on Friday in a defense of his agency's Wall Street oversight as a congressional review of it ramps up. Supervisors, who sometimes work day-to-day inside banks, "can reduce the chances" that these firms fail "but can never...

  • March 18- U.S. prosecutors investigating allegations of bribery by Wal-Mart Stores Inc across the globe have found little evidence of corrupt practices in China, Bloomberg reported. The U.S. Department of Justice has been conducting a years-long investigation into potential misconduct by Wal-Mart in some overseas markets, including China, Brazil, India and...

  • March 18- The U.S. Food and Drug Administration rejected Eagle Pharmaceuticals Inc's drug to prevent blood clots in certain patients undergoing heart surgery. Heart disease is the leading cause of deaths in the United States, accounting for one in every seven, according to the American Heart Association. Eagle Pharma said it would work directly with the FDA to...

  • LONDON, March 18- Gold edged down on Friday, as the dollar steadied from a five-month low, but it remained on track to end the week on a firmer note after the Federal Reserve scaled down rate hike expectations. Spot gold was down 0.3 percent at $1,254.53 an ounce by 1130 GMT, while U.S. gold fell 0.8 percent to $1,255.30 an ounce. "There has been a bit of selling into the...

  • March 18- Eagle Pharmaceuticals Inc said the U.S. Food and Drug Administration rejected its drug to prevent blood clots in certain patients undergoing heart surgery.

  • *Ex-Japan Asia MSCI, Wall Street turns positive for year. LONDON, March 18- World shares headed for a fifth straight week of gains, their best run in over two years, on Friday, as this week's thumping for the dollar, soothing central bank noises and a 2016 high for oil, boosted confidence. It has come as the Federal Reserve has scaled down its rate hike expectations and...

  • LONDON, March 18- The dollar index recovered from a five-month low on Friday, but was still on track for a third straight week of losses, as investors cut favorable bets after the Federal Reserve appeared cautious about raising rates at a steady pace this year. The dollar was trading at 111.25 yen, off a low of 110.67 plumbed on Thursday that was its weakest since...

  • The Federal Bureau of Investigation raided Tiversa's Pittsburgh headquarters in early March and seized documents, the people said. The Justice Department's criminal investigation of Tiversa began after Richard Wallace, a former Tiversa employee, alleged in a 2015 Federal Trade Commission hearing that the cybersecurity firm gave the agency doctored...

  • NEW YORK, March 17- The dollar tumbled against major currencies on Thursday, extending declines triggered by Wednesday's Federal Reserve statement showing the U.S. central bank would likely take longer to raise rates than some had thought. The dollar was down more than 1 percent against the euro, yen and Swiss franc, as markets took a more dovish view of Fed Chair...