ZTE removed from US trade blacklist
The US Commerce Department will remove Chinese telecom equipment maker ZTE Corp from a trade blacklist after the company admitted to violating sanctions on Iran, the Commerce Department said in a notice made public on Tuesday.
Mar 29, 2017, 09:06 AM IST
US trade deficit grows as exports hit 3-year low
The trade gap widened to $43.9 billion in October from an upwardly revised September reading of $42.5 billion.
Dec 04, 2015, 19:20 PM IST
US economy rebounds at mild pace in Q2
The US economy expanded at an annual rate of 2.3 percent in the second quarter, a moderate bounce from the revised 0.6 percent increase in the first quarter.
Jul 31, 2015, 11:19 AM IST
US economy grew 2.3% in second quarter
The US economy picked up sharply in the second quarter, boosted by increased consumer spending and exports after a tepid first quarter, the Commerce Department reported Thursday.
Jul 30, 2015, 18:51 PM IST
US economy contracted 0.7% in first quarter
The US economy contracted at an annual rate of 0.7 percent in the first quarter of this year, the Commerce Department said Friday in a revised GDP estimate.
May 29, 2015, 19:02 PM IST
US economic growth slows in Q4; corporate profits fall
Gross domestic product expanded at a 2.2 percent annual rate last quarter, the Commerce Department said on Friday in its third estimate of GDP. That was unrevised from the forecast last month.
Mar 27, 2015, 21:11 PM IST
US jobless rate falls to 5.6% in best year since 1999
Together with upward revisions of the previous two months -- 50,000 more jobs than previously reported -- December rounded out the best year for job generation in 15 years, with almost three million net new jobs added.
Jan 10, 2015, 03:45 AM IST
US housing starts fall in November
Private housing starts fell 1.6 percent from October to an annual rate of 1.028 million, the Commerce Department reported.
Dec 16, 2014, 20:01 PM IST
US consumer spending, income pick up in August
Consumer spending, the main engine of the US economy, rose 0.5 percent in August after no change in July, revised from a 0.1 percent decline.
Sep 29, 2014, 19:03 PM IST
US growth quickest in 2-1/2 years on business spending, exports
The US economy grew at a robust annual rate of 4.6 percent in the second quarter, stronger than previously estimated, the Commerce Department reported on Friday.
Sep 26, 2014, 18:23 PM IST
US economy grew at robust 4.2% pace in 2nd quarter
The US Commerce Department raised its estimate for US economic growth to 4.2 percent Thursday, confirming the solid rebound from the first quarter`s steep contraction.
Aug 28, 2014, 22:22 PM IST
US hiring remains strong in July
The US economy generated 209,000 new jobs in July, down from June but maintaining a solid 200,000-plus monthly streak since February, the Commerce Department said.
Aug 02, 2014, 05:07 AM IST
Exim Bank inks trade facilitation pact with US body
The agreement was signed at an event addressed by visiting US Commerce Secretary Penny Pritzker in the financial capital.
Jul 30, 2014, 20:23 PM IST
US GDP growth rebounds to 4% in 2nd quarter
Private investment soared 17.0 percent in the second quarter, after shrinking 6.9 percent in the previous period. Investment was strong in both equipment and homes.
Jul 30, 2014, 18:49 PM IST
US trade deficit falls in May
In April, the US trade deficit had hit its highest level in two years.
Jul 03, 2014, 19:18 PM IST
US economy shrank 2.9% in first quarter: Govt
The contraction in the world`s largest economy was the steepest since the 2009 first quarter.
Jun 25, 2014, 18:34 PM IST
