White House Government Agencies

  • **BRUSSELS- ECB President Mario Draghi and ECB Executive Board member Benoit Coeure participate in Eurogroup meeting in Brussels, Belgium. DAVOS, Switzerland World Economic Forum annual meeting. PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia issues Non-manufacturing Business Outlook Survey for January- 1330 GMT.

  • Jan 18- U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions. The Federal Trade Commission has been probing Facebook since last year.

  • WASHINGTON, Jan 18- U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions. The Federal Trade Commission has been probing Facebook since last year.

  • Adam Baker had to pick up another job during the government shutdown.

    Some 800,000 federal workers across the country have seen their income suspended as the government shutdown crawls into its fourth week.

  • Dr. Scott Gottlieb, commissioner of the Food and Drug Administration

    The FDA cannot accept any new funding during the shutdown, now in its 28th day, forcing the agency to stretch its remaining money to last only about five more weeks.

  • A person smokes a Juul e-cigarette

    The FDA says doctors need more information about treating kids for nicotine use since most cessation products are only for adults.

  • NEW YORK, Jan 18- After tax cuts, rising incomes and buoyant stock markets set off a consumer boom in 2018, signs are emerging that the main engine of U.S. economic growth could sputter, and a record-long government shutdown further muddies the waters. Federal Reserve officials and many economists have long counted on continued robust consumer spending to keep...

  • PHILADELPHIA, Pennsylvania- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on "Business, Equity and the Future of Philadelphia" before event, "The Prosperity Symposium: Economic Mobility Research in Action"- 1600 GMT SOMERSET, New Jersey- Federal Reserve Bank of New York President John Williams speaks on the U.S. economic outlook and...

  • NEW YORK, Jan 17- U.S. fund investors charged into high-yield "junk" bonds during the latest week, pouring in $3.3 billion, the most cash flowing into that market since late 2016, Lipper said on Thursday, boosted by soothing words by Federal Reserve Chairman Jerome Powell. Underscoring investors' appetite for some risk-taking, investors pulled $15 billion net cash...

  • Jan 17- Independent experts on an advisory panel to the U.S. Food and Drug Administration were divided over whether to recommend approval of a treatment for type 1 diabetes developed by Lexicon Pharmaceuticals Inc and France's Sanofi SA. At the panel meeting, patients who were part of the trials advocated the drug's effectiveness, but FDA staff flagged the risk...

  • A Social Security Administration office in San Francisco.

    Retirees got the biggest boost to their benefits in years in 2019, yet the latest data points to a much lower — if any — increase in 2020 if current trends continue.

  • Patrick Greene, 71

    A number of government-funded rental assistance programs are in jeopardy as the longest shutdown in U.S. history wears on.

  • The final months of 2018 were dominated by investor worries about slowing global growth and the U.S.- China trade dispute and were further aggravated by concerns that the Fed might be pushing interest rates too high. "You had a one-two punch of market losses on inventory along with a lot of bank clients stepping back from market because you couldn't have much of...

  • Jan 17- Britain's GVC Holdings expects the United States to be profitable, despite a Department of Justice call for wider restrictions on all gambling on the internet. GVC has expanded rapidly and last year set up an online betting platform in the United States with hotel and casino operator MGM Resorts International. "The U.S. will open up over the next few years...

  • *Gold facing strong technical resistance at $1,300- analysts. Spot palladium was up 0.1 percent at $1,360, as of 0350 GMT, after earlier hitting a record high of $1,366.50. Spot gold was steady at $1,292.76 per ounce, while U.S. gold futures dipped 0.1 percent to $1,292.30 per ounce.

  • Jan 16- Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and a critic of big banks, on Wednesday said the biggest U.S. banks are "unquestionably" safer than they were before the 2007-2009 financial crisis. The Fed's ability to use monetary policy to safeguard the financial system is about even with the pre-crisis era, he also said, because...

  • Jan 16- An advisory panel to the U.S. Food and Drug Administration said on Wednesday that benefits of Amgen Inc's osteoporosis treatment for postmenopausal women at high risk for fracture outweighed its risks and overwhelmingly voted for the drug's approval. The panel, however, raised concerns of cardiovascular safety risks linked to the drug, which FDA staff...

  • Congress has been expected to pass some sort of online privacy bill to pre-empt a stringent law passed by California. Rubio's bill, which would pre-empt the California law if passed by Congress, would require consumer protection regulator the Federal Trade Commission to draw up rules for companies to follow that are based on the Privacy Act of 1974, with a goal...

  • Palladium jumped to an all-time high of $1,358.50 an ounce, and was last up 3 percent at $1,358. George Gero, managing director at RBC Wealth Management, noted high demand from "the automobile industry using more and more of palladium" and lower supply were pushing prices higher. Spot gold rose 0.3 percent to $1,292.51 per ounce at 3:42 pm EST.

  • WASHINGTON, Jan 16- Federal prosecutors are investigating Huawei Technologies, the world's largest telecommunications equipment maker, for allegedly stealing trade secrets from U.S. businesses and could soon issue an indictment, the Wall Street Journal reported on Wednesday. Reuters could not immediately confirm the report. The Justice Department and...