GO
Loading...

Government Agencies

More

  • How the Fed's guidance on rates has evolved Tuesday, 16 Sep 2014 | 2:03 PM ET

    Every six weeks or so, after the Federal Reserve holds a policy meeting, it issues a statement containing guidance to the financial world on when it might raise interest rates. It's a moment of great expectation for investors and economists.

  • LONDON, Sept 16- Copper rose more than 1 percent on Tuesday helped by a weak dollar as the Federal Reserve began a two-day meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates. "The dollar is collapsing and all commodities are going up," Nic Brown, head of commodities research at Natixis, said.

  • NEW YORK, Sept 16- U.S. stocks were rising on Tuesday with markets reacting to wavering expectations over the language the Federal Reserve will use Wednesday to describe its future interest rate policy.

  • Alibaba aims to open DC office after IPO Tuesday, 16 Sep 2014 | 12:51 PM ET
    Washington, D.C.

    Despite a low-profile strategy in Washington, D.C., after its IPO Alibaba will begin looking for a veteran Washington hand to open a new office there.

  • Still, the figures from the Census Bureau on Tuesday also showed the average person's income was essentially flat in 2013 when taking into account inflation, and 8 percent lower than in 2007 when the nation fell into recession. "That seems to be the main thing" behind the decline, said Charles Nelson, an official at the Census Bureau.

  • EPA derails Cuomo's Tappan Zee funding plan Tuesday, 16 Sep 2014 | 12:18 PM ET

    ALBANY, N.Y.— The Environmental Protection Agency has rejected almost all of Gov. Andrew Cuomo's proposal to use clean water funds to help finance the new Tappan Zee Bridge, announcing Tuesday that only $29 million of Cuomo's $511 million plan meet federal requirements.

  • Ikea recalls swing because of breakage risk Tuesday, 16 Sep 2014 | 12:06 PM ET

    NEW YORK— Ikea is recalling its Gunggung fabric swing because the suspension fitting that attaches the swing to its steel hooks could break, causing a fall that could injure a child. The U.S. Consumer Product Safety Commission said Ikea is taking about 2,000 units off the market in the United States, and another 300 in Canada. The product is made in Vietnam.

  • Poverty rate drops for the first time since 2006 Tuesday, 16 Sep 2014 | 10:44 AM ET

    WASHINGTON— The poverty rate in the United States has dropped for the first time since 2006, bringing a bit of encouraging news about the nation's economy as President Barack Obama and Congress gear up for the November elections.

  • FOREX-Dollar inches lower ahead of Fed meeting outcome Tuesday, 16 Sep 2014 | 9:53 AM ET

    *Dollar in holding pattern ahead of Fed meeting. NEW YORK, Sept 16- The dollar slipped on Tuesday as investors booked profit on the currency's recent rally ahead of a Federal Reserve meeting that could potentially turn more upbeat on the U.S. economy and flag an interest-rate increase sooner rather than later.

  • US stocks open lower ahead of Fed meeting Tuesday, 16 Sep 2014 | 9:39 AM ET

    NEW YORK— U.S. stocks are falling in early trading ahead of an important Federal Reserve meeting. The Standard& Poor's 500 index fell four points, or 0.2 percent, to 1,979 shortly after markets opened Tuesday. The Dow Jones industrial average slipped 40 points, or 0.2 percent, to 16,990. The Nasdaq fell 13 points, or 0.3 percent, to 4,505..

  • WASHINGTON, Sept 16- U.S. producer prices were flat in August, pointing to muted inflation pressures that should see the Federal Reserve in no hurry to raise interest rates. The Labor Department said on Tuesday its producer price index for final demand was unchanged as gasoline and food costs fell.

  • NEW YORK, Sept 16- U.S. stocks were set to open lower on Tuesday with traders positioning for a Federal Reserve meeting expected to provide clues on the short term direction of U.S. interest rates.

  • U.S. producer prices unchanged in August Tuesday, 16 Sep 2014 | 8:40 AM ET

    WASHINGTON, Sept 16- U.S. producer prices were flat in August, pointing to muted inflation pressures that should see the Federal Reserve in no hurry to raise interest rates. The Labor Department said on Tuesday its producer price index for final demand was unchanged as gasoline and food costs fell.

  • LONDON, Sept 16- Global shares hit a one-month low on Tuesday as investors refrained from placing strong bets before a Fed meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates.

  • *Gold still only about $10 away from eight-month low. LONDON, Sept 16- Gold rose on Tuesday ahead of a Federal Reserve policy meeting, but the metal remained near an eight-month low, deterring investors from placing big bets as they awaited clues on the timing of the first U.S. rate hike in eight years.

  • TOKYO, Sept 16- Japanese stocks broke a five-day winning streak on Tuesday as most investors stayed on the sidelines ahead of this week's outcome of the Federal Reserve meeting, though SoftBank jumped on news of strong demand for Alibaba's initial public offering in the United States. The Nikkei share average dropped 0.2 percent to 15,911.53.

  • Farmers and analysts say the elimination of government incentives to buy new equipment, a related overhang of used tractors, and a reduced commitment to biofuels, all darken the outlook for the sector beyond 2019- the year the U.S. Department of Agriculture says farm incomes will begin to rise again.

  • SYDNEY/ SINGAPORE, Sept 16- The dollar eased on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar held above a six-month trough.

  • METALS-London copper inches up, Fed meeting in focus Monday, 15 Sep 2014 | 11:05 PM ET

    MELBOURNE, Sept 16- London copper edged up on Tuesday from near three-month lows, as traders squared their books ahead of a Federal Reserve meeting that is expected to offer clues on when U.S. interest rates will climb.

  • TOKYO, Sept 16- Japanese stocks edged down on Tuesday as most buyers camped out ahead of this week's outcome of the Federal Reserve meeting, though Softbank jumped on news of strong demand for Alibaba's initial public offering in the United States.