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White House Government Agencies

  • *Fed minutes show many policymakers see near-term rate hike Markets in Japan, U.S. closed on Thursday. *Spot gold may test support at $1,283 per ounce- technicals. With the impending rate hike from the Fed next month, maybe gold prices have gone a bit too high and will come down in the aftermath of the rate hike, "said John Sharma, an economist with National Australia Bank.

  • SYDNEY, Nov 23- The dollar was on the defensive Thursday after suffering its worst drubbing in five months while bonds celebrated a comeback on speculation the Federal Reserve might not tighten U.S. policy as aggressively as previously thought. Moves in Asian share markets were minor with Japanese markets closed for a holiday and the United States off for...

  • BOSTON— The Federal Trade Commission could take action against TripAdvisor after the Massachusetts- based travel company was accused of deleting hotel reviews that contained allegations of rape and other crimes. Several people told the Milwaukee Journal Sentinel this month they were sexually assaulted at Mexican hotels and resorts but the online...

  • SYDNEY, Nov 23- Asian shares edged ahead on Thursday as speculation the Federal Reserve might not tighten U.S. policy as aggressively as first thought slugged the dollar and boosted bonds globally. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15 percent to scale a fresh 10- year peak. Activity was light with Japanese markets closed for a...

  • WASHINGTON, Nov 22- One of the two Democrats on the Federal Communications Commission, Mignon Clyburn, on Wednesday threw her support behind 2015 net neutrality rules, arguing that a proposal by the FCC chairman to scrap them would hurt consumers, her office said on Wednesday. "The commissioner continues to believe that the 2015 rules adopted by the FCC are the...

  • WATERFORD, Conn.— Federal nuclear regulators say a security officer in charge of maintaining weapons at a Connecticut nuclear power plant didn't follow proper procedures and falsified records to cover the shortfall. The Nuclear Regulatory Commission announced Tuesday the officer at the Millstone plant in Waterford failed to perform assigned duties,...

  • WASHINGTON— Federal Reserve officials generally believe that it'll soon be time for another increase in the Fed's key interest rate. Minutes of the Fed's Oct. 31- Nov. 1 meeting released Wednesday showed that many officials believed a third rate hike this year will likely be warranted if incoming data leave the medium-term economic outlook unchanged.

  • WASHINGTON, Nov 22- Uber Technologies Inc said on Wednesday that it has been in touch with the U.S. Federal Trade Commission and several states to discuss a hack last year that exposed data on millions of customers and drivers, the latest scandal to rock the ride-hailing firm.

  • WASHINGTON, Nov 22- The Federal Trade Commission, which investigates companies accused of being sloppy with consumer data, said it was "closely evaluating the serious issues" raised in Uber's handling of its hack last year, an FTC spokesman said on Wednesday. "We are aware of press reports describing a breach in late 2016 at Uber and Uber officials actions after...

  • Representative Frank Pallone called on Wednesday for a hearing into Uber Technologies Inc's handling of a breach that exposed data about drivers and riders. "The Federal Trade Commission must immediately begin an investigation into both the breach itself and the companys outrageous delay in disclosing the breach," added Pallone. "Congress can and should...

  • Senator Richard Blumenthal on Wednesday urged the Federal Trade Commission to investigate Uber Technologies Inc's decision to pay off hackers behind a massive data breach without warning customers or drivers, which he called "inexplicable." "I urge Federal Trade Commission to take swift enforcement action and impose significant penalties in response to...

  • Federal Reserve minutes due at 1900 GMT. LONDON, Nov 22- Gold prices rose on Wednesday as weaker-than-expected U.S. data pushed the dollar lower before the release of minutes from the latest U.S. The minutes, to be published at 1900 GMT, come after outgoing Fed Chair Janet Yellen said rates should rise gradually but warned she was "very uncertain" that inflation...

  • NEW YORK, Nov 22- U.S. Treasury yields were steady on Wednesday before the Federal Reserve is due to release minutes from its latest meeting, with trading volumes seen subdued before Thursdays Thanksgiving holiday. The expectation for a move in December is very solid, said Lou Brien, a market strategist at DRW Trading in Chicago.

  • *Spot gold was up 0.1 percent at $1,281.40 per ounce by 0057 GMT. *Bank of England rate-setters spelled out their differences on Tuesday over the central bank's first interest rate hike in a decade, as they focused on how to determine when low unemployment was about to push up inflation. *Following the collapse of German coalition talks, the prospects for a...

  • NEW YORK, Nov 21- Federal Reserve Chair Janet Yellen stuck by her prediction that U.S. inflation will soon rebound but offered on Tuesday an unusually strong caveat: she is "very uncertain" about this and is open to the possibility that prices could remain low for years to come. A day after announcing her retirement from the U.S. central bank, planned for early...

  • WASHINGTON— Federal Reserve Chair Janet Yellen said Tuesday that the biggest challenge facing the central bank in coming years will be to craft an interest rate policy that avoids putting the economy through a "boom-bust" cycle. Yellen's comments at New York University echoed previous remarks on inflation, indicating that the Fed is still preparing to boost...

  • NEW YORK, Nov 21- The U.S. Food and Drug Administration on Tuesday approved the first two-drug regimen to treat HIV, the virus that causes AIDS, aimed at lessening the side effect burden of current treatments that combine three or four medicines. Juluca belongs to GlaxoSmithKline Plc's majority-owned ViiV Healthcare, in which Pfizer Inc and Shionogi also have...

  • NEW YORK/ LONDON, Nov 21- Gold bounced up slightly on Tuesday, as a weaker U.S. dollar gave bullion a boost after the previous day's sharp decline and as investors awaited the minutes, due on Wednesday, of the Federal Reserve meeting held in November. Gold benefited from some safe-haven buying from investors leery of a political crisis in Germany, Europe's largest...

  • Ikea relaunched a recall of 17.3 million chests and dressers in the U.S. after the death of an eighth child. The units of recalled chests and dressers include: MALM 3- drawer, 4- drawer, 5- drawer and three 6- drawer models and other children's and adult chests and dressers, according to the Consumer Product Safety Commission. The recalled dressers below are...

  • WASHINGTON, Nov 21- New York State Attorney Eric Schneiderman on Tuesday said he has been investigating for six months who posted significant numbers of fake comments filed with the Federal Communications Commission in its review of net neutrality rules. The FCC got more than 22 million comments during its review and several researchers found evidence that...