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White House Government Agencies

  • SEOUL, Oct 19- South Korea's central bank held its key interest rate steady on Thursday, as expected, as it evaluates risks and stays cautious ahead of any further monetary tightening in the United States. Governor Lee Ju- yeol is due to hold a news conference from 11:20 a.m. Seoul time. "The Fed's plans to tighten monetary policy further probably was a factor on...

  • *Spot gold was steady at $1,281.24 an ounce at 0053 GMT. *President Donald Trump will announce his decision on who will be the chair of the Federal Reserve in the "coming days," White House spokeswoman Sarah Sanders said on Wednesday. *U.S. Senate Republicans appeared to have enough votes on Wednesday to pass a budget measure that is crucial to President Donald...

  • Oct 18- U.S. regulators approved on Wednesday a new therapy for a type of lymphoma, which was developed by Gilead Science Inc's Kite Pharma, marking the second approval for this potentially revolutionary approach to fighting cancer. The Food and Drug Administration approved the gene therapy, to be sold under the name Yescarta, to treat adults with large B-cell...

  • STOCKHOLM- Riksbank executive board meeting 0700 GMT. NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester participates in global regulatory structure panel before conference, "The Future of Global Finance: Populism, Technology and Regulation"- 1800 GMT. OTTAWA- Bank of Canada key policy Interest rate announcement and Monetary Policy Report...

  • WASHINGTON, Oct 18- President Donald Trump has selected Joseph Simons, an antitrust attorney from a Washington law firm, to head the Federal Trade Commission, a White House official said on Wednesday. Trump is expected to nominate Simons to the agency, along with Noah Phillips and Rohit Chopra to be FTC commissioners, the White House official said.

  • WASHINGTON, Oct 18- The White House will nominate Joseph Simons, Noah Phillips and Rohit Chopra to the Federal Trade Commission, a White House official said on Wednesday. Simons will be named head of the agency once the Senate confirms him, the official said. The FTC works with the Justice Department to enforce antitrust law and investigates allegations of...

  • WASHINGTON, Oct 18- A federal grand jury indicted Japan's Nippon Chemi-Con Corp for its role in a wide-ranging and long-running conspiracy to fix prices for electrolytic capacitors sold to customers in the United States and elsewhere, the U.S. Justice Department said on Wednesday. The felony charge, filed in the U.S. District Court for the Northern District of...

  • WASHINGTON, Oct 18- The U.S. Federal Reserve is stepping-up its focus on payment security as the industry reaches a "critical juncture" driven by new technologies, Federal Reserve board governor Jerome Powell said on Wednesday. Last year, SWIFT, the global financial messaging system, disclosed it had suffered hacking attacks on its member banks including the...

  • Iowa Governor Kim Reynolds said she held separate calls with Trump and U.S. Environmental Protection Agency Administrator Scott Pruitt on Wednesday, in which she urged them not to make that change. However, White House spokeswoman Sarah Sanders said the administration "didn't make any assurances" on renewable fuel standard levels. The biofuels industry has...

  • Oct 18- A new cancer therapy for a type of lymphoma developed by Kite Pharma, which was recently acquired by Gilead Sciences Inc, won U.S. Food and Drug Administration approval on Wednesday, six weeks ahead of schedule. The drug, Yescarta, is the second in a new class of cancer treatments known as chimeric antigen receptor T-cell therapy, or CAR-T, which reprograms the...

  • WASHINGTON, Oct 18- Novo Nordisk A/S's new diabetes drug semaglutide is effective, reasonably safe and should be approved, an advisory panel to the U.S. Food and Drug Administration concluded on Wednesday. The FDA typically follows the recommendations of its advisors. Analysts on average expect annual semaglutide sales to reach $3.17 billion by 2023, with...

  • DES MOINES, Iowa— Iowa's Republican governor on Wednesday called on President Donald Trump and his administration to preserve a federal program mandating that biofuels such as corn-based ethanol be blended into gasoline and diesel following a proposal from the Environmental Protection Agency to lower production targets for renewable fuels.

  • WASHINGTON, Oct 18- Novo Nordisk A/S's new diabetes drug semaglutide is effective, reasonably safe and should be approved, an advisory panel to the U.S. Food and Drug Administration concluded on Wednesday. The FDA typically follows the recommendations of its advisors. Analysts on average expect annual semaglutide sales to reach $3.17 billion by 2023, with...

  • WASHINGTON, Oct 18- The U.S. economy expanded at a modest to moderate pace in September through early October despite the impact of hurricanes on some regions, the Federal Reserve said in its latest snapshot of the U.S. economy released on Wednesday, but there were still few signs of an acceleration in inflation. In the report, three of the Fed's 12 districts-...

  • "The USDA is the U.S. Department of Agriculture, not the U.S. Department of Big Agribusiness." The rule was first proposed by the USDA in 2010 but faced delays after meeting resistance in Congress and by the meat processing industry. The USDA finally released it last December.

  • A nomination could come within weeks as the term of current Chair Janet Yellen ends in February 2018. He faces a choice between two continuity candidates, Yellen and Governor Jerome Powell, and a clutch of outsiders, including Gary Cohn, currently his top economic advisor, former Fed Governor Kevin Warsh, and Stanford University economics professor John Taylor.

  • A nomination could come within weeks as the term of current Chair Janet Yellen ends in February 2018. He faces a choice between two continuity candidates, Yellen and Governor Jerome Powell, and a clutch of outsiders, including Gary Cohn, currently his top economic advisor, former Fed Governor Kevin Warsh, and Stanford University economics professor John Taylor.

  • John Williams, president of the Federal Reserve Bank of San Francisco.

    John Williams, the president of the Federal Reserve Bank of San Francisco, argues that the American economy is healthier than it looks.

  • FRANKFURT- Opening speech by the ECB President Mario Draghi at the ECB Conference "Structural reforms in the euro area" in Frankfurt, Germany 0810 GMT. FRANKFURT- ECB Chief Economist Peter Praet will take part in a panel discussion on structural reforms in the euro area at the ECB's headquarters in Frankfurt 1145 GMT. NEW YORK- Federal Reserve Bank of New York...

  • WASHINGTON, Oct 17- Verizon Communications Inc said on Tuesday it will pay $17.7 million to resolve a probe by U.S. regulators and the Justice Department into potential payment violations related to a federal school broadband program. The Federal Communications Commission, the U.S. telecoms regulator, and the Department of Justice said Verizon had invoiced...