White House Government Agencies

  • *Asian shares lower after 1 pct fall on Wall Street. Japan's Nikkei bucks trend, as yen weakens after GDP data. TOKYO/ SINGAPORE, May 18- Asian shares weakened on Wednesday in the wake of accelerating U.S. inflation and comments from Federal Reserve officials that rekindled prospects of an interest rate rise as early as June.

  • *Spot gold was little changed at $1,278.65 per ounce at 0042 GMT, after gaining 0.5 percent on Tuesday. The currency weakened against the yen on positive Japan economy data. *MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent in early trade, while Japan's Nikkei was little changed, held up by stronger-than-expected reading in Japan's...

  • *Asian shares lower after 1 pct fall on Wall St shares. TOKYO, May 18- Asian shares stepped back on Wednesday after strong U.S. inflation data and comments from Federal Reserve officials rekindled the prospects of the central bank raising rates later this year. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent in early trade, while...

  • May 17- The U.S. Food and Drug Administration approved the first drug to stimulate appetite in dogs, Aratana Therapeutics Inc, which developed the treatment, said on Tuesday. Nearly 10 million dogs suffer from a lack of appetite, Chief Executive Steven Peter said in a statement. The Kansas City- based company's shares were trading up about 10 percent at $6.68 after...

  • *April consumer prices record biggest gain in over 3 years. May 17- Wall Street sold off on Tuesday as investors boosted their bets on the Federal Reserve raising rates later this year, while Home Depot dragged on indexes following its quarterly report. "The equity market is taking cues from stronger data and some of the comments from Fed members in terms of maybe...

  • NEW YORK, May 17- Wall Street sold off on Tuesday as investors boosted their bets on the Federal Reserve raising rates later this year, while Home Depot dragged on indexes following its quarterly report.

  • WASHINGTON, May 17- Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday that the U.S. economy is strong enough to justify an interest-rate hike in the "not too distant future," but increases will be very gradual. Inflation is "inching toward" the Fed's 2- percent target, and while there is still slack in the U.S. labor market, 2- percent GDP growth this...

  • *Wall St lower as strong data raises chances of rate hike. NEW YORK, May 17- Stocks fell on Wall Street on Tuesday after strong U.S. inflation data increased the probability of a rate hike from the Federal Reserve, while a global gauge of stocks ticked lower. A more confident Fed is a Fed that is more likely to hike again this summer or fall, "said Brian Jacobsen, chief...

  • *Wall St weighs on global stocks gauge. NEW YORK, May 17- Stocks fell on Wall Street Tuesday after strong U.S. inflation data increased the probability of a rate hike from the Federal Reserve, while a global gauge of stocks cut its gains. A more confident Fed is a Fed that is more likely to hike again this summer or fall, "said Brian Jacobsen, chief portfolio strategist at...

  • WASHINGTON, May 17- U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. "The combination of higher prices, housing gains and industrial production support the narrative of...

  • May 17- The U.S. Commodity Futures Trading Commission is nearing completion of a set of amendments to its proposed rule on limits to speculative positions in derivatives, risk management service Risk.net reported on Tuesday, citing sources. The amendments focus on the bona fide hedging exemptions available to end-users of futures and swaps to manage...

  • May 17- U.S. stocks opened lower on Tuesday as data showed U.S. consumer prices recorded their biggest increase in more than three years in April and raised the chances of the Federal Reserve raising interest rates this year.

  • WASHINGTON, May 17- U.S. factory output expanded in April as makers of machinery and cars posted solid increases in production, a sign that the country's manufacturing sector was resisting the downward pull from sputtering global growth. Manufacturing output rose 0.3 percent, the Federal Reserve said on Tuesday. The reading matched the gain expected in a...

  • *Consumer prices increase 0.4 percent in April. WASHINGTON, May 17- U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. The Labor Department said its Consumer Price Index...

  • May 17- Wall Street looked set to open lower on Tuesday as data showed U.S. consumer prices recorded their biggest increase in more than three years in April and raised the chances of the Federal Reserve raising interest rates this year. The Labor Department said the Consumer Price Index increased 0.4 percent last month, the largest gain since February 2013,...

  • WASHINGTON, May 17- U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. The Labor Department said on Tuesday its Consumer Price Index increased 0.4 percent last month, the...

  • Expat U.S. passport taxes

    Expats considering giving up U.S. citizenship to avoid double taxation should be aware of the potential tax costs of such a move.

  • Treasury Secretary Jack Lew, Federal Reserve Chairman Janet Yellen and European Central Bank President Mario Draghi will be among Group of Seven finance leaders gathering in Sendai, northern Japan on May 20-21. Japan has failed to bridge differences with the United States on the yen, with Washington dismissing Tokyo's concerns that recent yen rises are...

  • The move from the Equal Employment Opportunity Commission aims to clear up confusion over the way two federal laws protecting employees' medical privacy apply to the popular programs, which are designed to control medical spending by reducing obesity, smoking and other risk factors. The new rules are more restrictive than those passed under the ACA, which...

  • The move from the Equal Employment Opportunity Commission was meant to clear up confusion over the way two federal laws protecting employees' medical privacy apply to the popular programs, which are designed to control medical spending by reducing obesity, smoking and other risk factors. About 98 percent of U.S. companies with 200 or more workers, and 73...