Government Agencies


  • SAN FRANCISCO, Feb 10- Investors saw a 50-50 chance at the end of last year that the Federal Reserve will start raising short-term U.S. interest rates by March 2015, a study published on Monday by the San Francisco Federal Reserve Bank showed.

  • *S&P 500 coming off best two-day gain in four months. *Hasbro rallies after results, upbeat comments. NEW YORK, Feb 10- U.S. stocks were little changed on Monday as investors digested recent market gains and looked ahead to new Federal Reserve Chair Janet Yellen's first testimony before lawmakers.

  • Markets are also awaiting the first testimony of Federal Reserve Chair Janet Yellen, who testifies in Congress on Tuesday and Thursday after a second month of weaker-than-expected U.S. jobs data. "A lot of the action is looking forward to supply over the next three days," said Guy LeBas, chief fixed income strategist, at Janney Montgomery Scott in Philadelphia.

  • Feb 10- U.S. Food and Drug Administration reviewers are divided on whether an intravenous blood clot preventer developed by The Medicines Co should be approved, news that sent the company's stock down more than 7 percent on Monday.

  • *Gold edges higher for second session. SINGAPORE, Feb 10- Gold edged higher for a second session on Monday on speculation that the Federal Reserve would slow the pace of its stimulus tapering after a weak U.S. jobs report raised questions over the state of economic recovery.

  • *Faces House committee Tuesday, Senate committee Thursday. *GOP could criticize Fed stimulus. Feb 9- Janet Yellen's first test as chair of the Federal Reserve comes on Tuesday when she faces U.S. lawmakers, some hostile to the central bank, who will want to know how committed she is to winding down the Fed's support for the economy.

  • NEW YORK, Feb 7- U.S. crude oil rallied above $100 a barrel on Friday and gold and copper prices rose too after a weak U.S. jobs report for January led to expectations the Federal Reserve might slow down its stimulus cutback and rate hike plans.

  • NEW YORK, Feb 7- The dollar drifted lower after a weaker-than-expected U.S. jobs report on Friday that muddies the waters but is seen as unlikely to dissuade the Federal Reserve from diverting from its path of steadily removing monetary stimulus from the U.S. economy.

  • *Gold on track for best weekly gain in five weeks. NEW YORK/ LONDON, Feb 7- Gold rose on Friday after data showed U.S. job creation slowed sharply over the past two months, fueling speculation that slowing economic momentum will force the Federal Reserve to keep its current stimulus.

  • *U.S. jobs report disappoints, dollar dive short-lived. NEW YORK, Feb 7- The dollar see-sawed after a weaker-than-expected U.S. jobs report on Friday that muddies the waters but is unlikely to dissuade the Federal Reserve from diverting from its path of steadily removing monetary stimulus from the U.S. economy.

  • Online shoppers help cut Postal Service loss Friday, 7 Feb 2014 | 11:22 AM ET

    The U.S. Postal Service narrowed its losses in its first quarter that ended December as a surge in online shopping and package delivery boosted its revenues.

  • They are thoughtful people, " Dallas Federal Reserve Bank President Richard Fisher told CNBC, pointing to weather as the likely culprit behind weak jobs numbers in both December and January.

  • Feb 6- The Federal Reserve should be "quite patient" in removing stimulus despite falling unemployment because broader measures of the U.S. labor market remain weak, a top U.S. central banker said on Thursday.

  • FDA issues new rule to ensure safety of infant formula Thursday, 6 Feb 2014 | 11:31 AM ET

    Feb 6- The U.S. Food and Drug Administration proposed a new rule to better regulate and set safety standards in the manufacture of infant formula products.

  • WASHINGTON, Feb 5- A top U.S. bank regulator plans to tell lawmakers on Thursday that final leverage rules for U.S. banks will incorporate recent revisions to a global capital standard, which likely means tougher requirements for the institutions.

  • NEW YORK, Feb 5- The U.S. Defense Department remains skeptical of mergers involving its major contractors, a Pentagon official said on Wednesday, amid industry expectations that defense deal-making could revive this year.

  • BIRMINGHAM, Ala./ NEW YORK, Feb 5- Going a step further than his colleagues at the Federal Reserve, a hawkish policymaker said on Wednesday the U.S. central bank should wind down its bond purchases faster than planned and end it before mid-year.

  • ANALYSIS-Emerging markets buffeted by bipolar world Wednesday, 5 Feb 2014 | 3:00 PM ET

    LONDON, Feb 5- Ailing emerging markets are caught between a rock and a hard place- Washington and Beijing to be more precise. For much of 2013, the investor narrative was that currencies and stock markets from Mumbai to Moscow and Istanbul to Johannesburg were running aground as Federal Reserve largesse ebbed away.

  • Margaret Hamburg, plans to visit India for the first time in an official capacity next week as the agency works to keep sub-standard food and drugs from entering the United States.

  • WASHINGTON, Feb 4- JPMorgan Chase& Co has agreed to pay $614 million to the U.S. government to settle claims it defrauded federal agencies by underwriting sub-standard mortgage loans, the U.S. Justice Department said on Tuesday.