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White House Government Agencies

  • WASHINGTON, Oct 4- The Federal Reserve on Tuesday said it has received Wall Street plans for how to wind down leading banks in the case of bankruptcy and regulators will begin reviewing that paperwork. The' living will' paperwork came from eight leading banks including Goldman Sachs& Co, Bank of America Corp and JPMorgan Chase& Co.. The Fed and Federal Deposit...

  • *Fed President Jeffrey Lacker strikes hawkish note on rates. Oct 4- U.S. stocks fell on Tuesday as investors fretted about Britain's exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months. "Clearly there has been some reverberation from across the pond in terms of the prospect for a slightly more disorderly UK...

  • Hillary Clinton continues to outspend Donald Trump 4-1 in political ads.

    Donald Trump is spending more on ads, but hasn't overcome Hillary Clinton's 4-to-1 ad-spending advantage, according to data from Advertising Analytics, NBC News reports.

  • *Fed President Jeffrey Lacker strikes hawkish note on rates. Financials rose 0.68 percent after Richmond Federal Reserve President Jeffrey Lacker said he would have voted in favor of a rate hike at the last policy meeting had he been able to do so. His view comes a day after Cleveland Fed president Loretta Mester said the central bank should not delay a rate...

  • LONDON, Oct 4- Gold slid more than 1 percent on Tuesday to its lowest since Britain's shock vote to leave the European Union in June, as a bounce in the dollar after upbeat U.S. data triggered a break of key support at $1,300 an ounce. Forecast-beating U.S. manufacturing data on Monday stoked expectations that the Federal Reserve will lift interest rates A break of...

  • CHARLESTON, W.V., Oct 4- Richmond Federal Reserve President Jeffrey Lacker said he would have voted in favor of an interest rate hike at the Fed's September policy meeting had he been able to vote, reflecting the growing pressure on Fed Chair Janet Yellen to raise rates. The U.S. central bank left interest rates steady at its Sept 20-21 meeting but three of its 10...

  • NEW YORK, Oct 4- U.S. Richmond Federal Reserve President Jeffrey Lacker, who is not a voting member of the Fed's rate-setting committee, on Tuesday said there was a strong case for raising interest rates, arguing that borrowing costs might need to rise significantly to keep inflation under control. "The market is anticipating that it will be revised up for the...

  • LONDON, Oct 4- Gold slid more than 1 percent on Tuesday to its lowest since Britain's shock vote to leave the European Union in June, as a bounce in the dollar after upbeat U.S. data triggered a break of key support at $1,300 an ounce. Forecast-beating U.S. manufacturing data on Monday stoked expectations that the Federal Reserve will lift interest rates A break of...

  • LONDON, Oct 4- Gold slid more than 1 percent on Tuesday to its lowest since Britain's shock vote to leave the European Union in June, as a bounce in the dollar after upbeat U.S. data triggered a break of key support at $1,300 an ounce. Forecast-beating U.S. manufacturing data on Monday stoked expectations that the Federal Reserve will lift interest rates A break of...

  • CHARLESTON, W.V., Oct 4- Richmond Federal Reserve President Jeffrey Lacker on Tuesday said there was a strong case for raising interest rates, arguing that borrowing costs might need to rise significantly to keep inflation under control. The Fed last raised its benchmark federal funds rate in December and Lacker, who is not a voting member of the Fed's...

  • *Frankfurt- listed shares of Deutsche Bank were up 0.52 percent following support from major clients and rivals as the biggest German lender negotiates with the U.S. Justice Department over a $14 billion demand for mis-selling mortgage-backed securities. *London's FTSE was up nearly 2 percent, hovering around its record high, as investors cheered the idea of a...

  • *Frankfurt- listed shares of Deutsche Bank were up 0.52 percent following support from major clients and rivals as the biggest German lender negotiates with the U.S. Justice Department over a $14 billion demand for mis-selling mortgage-backed securities. *London's FTSE was up nearly 2 percent, hovering around its record high, as investors cheered the idea of a...

  • LONDON, Oct 4- Gold fell for a sixth day on Tuesday, hitting its lowest in more than two weeks after upbeat U.S. manufacturing data stoked expectations that the Federal Reserve would hike interest rates by year-end, driving the dollar higher. Spot gold was down 0.2 percent at $1,308.62 an ounce at 0930 GMT, while U.S. gold futures for December delivery were down 90...

  • *Spot gold edged down nearly 0.1 percent to $1,310.35 an ounce by 0048 GMT. *However, the Federal Reserve would probably not be able to cut interest rates as aggressively as the last time around if it were faced with a U.S. recession in the next few years, New York Fed President William Dudley said on Monday. *Charging banks even more to park their money with the European...

  • AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, October 2016" before the West Virginia Economic Outlook Conference- 1205...

  • AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, October 2016" before the West Virginia Economic Outlook Conference- 1205...

  • Oct 3- A federal judge in Nevada said professional racecar driver Scott Tucker and several of his companies owe $1.27 billion to the Federal Trade Commission after systematically deceiving payday lending customers about the cost of their loans. In a decision late on Friday, Chief Judge Gloria Navarro of the federal court in Las Vegas, Nevada said Tucker was "...

  • Republican U.S. presidential nominee Donald Trump

    Donald Trump's taxes connect to a larger policy fight: He calls for a decrease in taxes on the wealthy, while Hillary Clinton calls for an increase.

  • 22)@ (Corrects to "president" from "chief investment officer" in paragraph 6). Sept 22 (Reuters)- U.S. stocks soared on Thursday, with the Nasdaq hitting a record intraday high, a day after the Federal Reserve stood pat on interest rates. The probability of a November hike stands at a modest 12.4 percent and rises to 58.4 percent for December, according to the CME Group's...

  • WASHINGTON, Oct 3- U.S. hospital chain Tenet Healthcare Corp and two of its Atlanta- area units will pay more than $513 million to resolve criminal charges and civil claims relating to a scheme to defraud the United States and pay kickbacks in exchange for patient referrals, the Justice Department said on Monday. The clinics received bribes and kickbacks from the...