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White House Government Agencies

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  • *Gold eyes strongest monthly gain since January. NEW YORK/ LONDON, Aug 31- Gold steadied on Monday, bouncing up from session lows as oil prices rallied and the U.S. dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil. "It was oil that sparked the short-covering,"...

  • *China worries, Fed outlook spook investors. NEW YORK, Aug 31- World stock indexes fell on Monday amid persistent investor concerns about slowing growth in China and the prospect of higher U.S. interest rates, while oil prices rallied. Fed Vice Chairman Stanley Fischer said in a speech at the annual Jackson Hole, Wyoming, central bankers' symposium that U.S....

  • Aug 31- Wall Street was lower on Monday afternoon as investors worried that the Federal Reserve may start raising interest rates in September, although a rally in oil boosted energy stocks. The market was poised for its worst monthly drop over three years after being pummeled in the past two weeks due to worries about the health of China's economy and the timing...

  • NEW YORK, Aug 31- Religious leaders in Puerto Rico called on Monday for the island's government and its lenders to avoid austerity measures and for the Federal Reserve to step in with assistance. Puerto Rico is working to restructure $72 billion in debt, and is considering reducing expenses through measures such as cuts to healthcare and consolidating and...

  • AUGUSTA, Maine— Maine Governor Paul LePage and other state officials are opposing proposed changes to federal labor rules on the grounds that the rules will negatively impact employment and small businesses. The federal Department of Labor is taking public comments on proposed changes to the federal Fair Labor Standards Act until Friday.

  • WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Aug 31- U.S. stocks were poised for their worst monthly drop in more than three years on worries about the health of China's economy and the timing of a U.S. interest rate hike. All three major indexes slipped more than 1 percent on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the door open for a rate hike in...

  • Fears about a slowdown in China's economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower this month. The move, an effort to boost China's economy, seemed to have the opposite effect. Global investors interpreted the decision as a sign that China's economy, the second-largest in the world, was growing more...

  • *China worries, Fed outlook spook investors. NEW YORK, Aug 31- World stock indexes fell while oil prices dropped on Monday amid persistent investor concerns about slowing growth in China and the prospect of higher U.S. interest rates. Fed Vice Chairman Stanley Fischer said in a speech at the annual Jackson Hole, Wyoming, central bankers' symposium that U.S....

  • Aug 31- Wall Street opened the week in the red after comments from Federal Reserve Vice Chairman Stanley Fischer over the weekend appeared to keep the door open for a rate hike in September. U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Fed to raise interest rates gradually, Fischer said at the global central banking...

  • Aug 31- U.S. stocks opened lower on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the possibility of a September rate hike alive.

  • Aug 31- Wall Street was set to open lower on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the door open for a rate hike in September. U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Fed to raise interest rates gradually, Fischer said at the global central banking conference in...

  • *Weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the door open for a rate hike next month. *U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Fed to raise interest rates gradually, Fischer told CNBC at the global central banking conference in Jackson Hole, Wyoming. *Fischer's comments suggest...

  • *Gold eyes monthly gain, rebounding from 5-1/ 2- year low. LONDON, Aug 31- Gold steadied on Monday after last week's slide as a retreat in the dollar lent support, but indications that the Federal Reserve may still raise interest rates this year despite recent market turmoil weighed on the metal. Spot gold was flat at $1,132.98 an ounce at 0934 GMT, while U.S. gold...

  • Taiwan stocks down, tracking global markets Sunday, 30 Aug 2015 | 10:27 PM ET

    TAIPEI, Aug 31- Taiwan stocks fell on Monday along with other regional markets as investors braced for more China and U.S. economic data later in the week and fretted over when the Federal Reserve will begin raising interest rates. Fed officials have been giving mixed signals about whether they would raise rates as early as next month, and some investors fear that...

  • *Fujitsu outperforms after brokerage rating hike. TOKYO, Aug 31- Japanese stocks skidded on Monday morning, hurt by soft domestic industrial output data and concerns the U.S. Federal Reserve might yet raise interest rates next month even as anxiety over a China- led global economic slowdown persists.

  • MANILA, Aug 31- Gold edged lower on Monday, stretching last week's losses on concern that the Federal Reserve is on course to raise interest rates this year despite recent market turmoil. *Spot gold was down 0.2 percent at $1,131.30 an ounce by 0107 GMT, after dropping more than 2 percent last week in its steepest decline in five weeks. *But hedge funds and money...

  • *Asia-Pacific index -0.5 pct, on track for 10 pct monthly loss. *Concerns remain over China economy, markets, policy. TOKYO, Aug 31- Asian stocks sagged on Monday after top Federal Reserve officials kept the door open for an interest rate hike in September and investors braced for China economic data this week.

  • In private and in public at last week's global central banking conference in Jackson Hole, the message from visiting policymakers was that the Fed has telegraphed an initial monetary tightening and, following a year-long rise in the dollar, financial markets globally are as ready as they can be. But for Agustin Carstens, the top central banker in Mexico, a rate...