Strong Indo-US ties to strengthen both economies: White House
Strong economic relations between the United States and India can create employment opportunities in both the countries and strengthen their economies, a vision shared by both President Barack Obama and Prime Minister Narendra Modi, the White House has said.
Aug 26, 2016, 09:25 AM IST
US stocks end mixed after GDP report
US stocks closed mixed for a fourth straight day on Friday, as the advance estimate on the country's second-quarter economic growth came in worse than expected.
Jul 30, 2016, 06:30 AM IST
Fed leaves rates unchanged but says US economy improving
The Federal Reserve on Wednesday left key interest rates untouched but acknowledged improved economic performance, suggesting a rate increase may be on the horizon in 2016.
Jul 28, 2016, 02:00 AM IST
Pro-Brexit vote could have significant economic repercussions: Janet Yellen
Warning of the fallout on markets, Federal Reserve Chair Janet Yellen said on Monday that the global economy if Britain votes to leave the European Union in the June 23 Brexit referendum.
Jun 06, 2016, 22:34 PM IST
US hiring stalls in May; Fed rate hike in question
The Labor Department said Friday that the US economy generated a paltry 38,000 net new positions in May.
Jun 04, 2016, 06:36 AM IST
Fed signals interest rate hike firmly on the table for June
U.S. Federal Reserve officials said it would be appropriate to raise interest rates in June if economic data points to stronger second-quarter growth as well as firming inflation and employment, according to minutes from their policy meeting last month.
May 19, 2016, 05:26 AM IST
US dollar snaps six-day winning streak
The greenback was also supported by recent upbeat remarks from several Federal Reserve officials about the US economy.
May 12, 2016, 06:30 AM IST
Gold price slips as dollar holds firm after US jobs data
Spot gold edged lower on Monday, but remained supported in the face of a firm dollar as investors bet a weaker US payroll report would push out the timing of any rate hike.
May 09, 2016, 14:03 PM IST
US added 160,000 jobs in April; jobless rate 5%
This is the weakest gain since September, which The Wall Street Journal said is a sign that employers may be turning cautious after the economy slowed early in the year.
May 07, 2016, 00:34 AM IST
US economy expands 0.5% in Q1, slowest in two years
The US economy grew at an annual rate of 0.5 percent in the first quarter of this year, pulled back by slowing consumption, the commerce department said on Thursday.
Apr 28, 2016, 19:59 PM IST
Oil prices rise on optimism over supply, Doha meeting
Oil prices rose on Friday, lifted by hopes that a punishing global excess of crude oil could be nearing a tipping point and firm economic indicators from the United States and Germany that cast a positive light on growth in fuel demand.
Apr 08, 2016, 20:17 PM IST
US stocks flat ahead of Janet Yellen, jobs data; Nikkei gains
Wall Street stocks finished little changed Monday at the start of a heavy week of US economic news, while Japanese stocks benefited from a fall in the yen.
Mar 29, 2016, 03:33 AM IST
US stocks extend gains after Fed statement
US stocks ticked up as investors assessed the US Federal Reserve's policy announcement as well as oil recovery.
Mar 18, 2016, 07:46 AM IST
US Federal Reserve keeps interest rates unchanged
The US Federal Reserve kept its benchmark short-term interest rates unchanged as widely expected, noting that "global economic and financial developments continue to pose risks" to the US economy.
Mar 17, 2016, 04:18 AM IST
US Fed holds rates steady as economy grows despite global risks
The Federal Reserve held interest rates steady on Wednesday, but indicated that moderate US economic growth and "strong job gains" would allow it to resume tightening monetary policy this year.
Mar 16, 2016, 23:53 PM IST
Half of American kids live near poverty line: Report
The report by researchers from the National Centre for Children in Poverty (NCCP) at Columbia University illustrates the severity of economic instability and poverty conditions faced by more than 31 million children throughout the US.
Mar 03, 2016, 18:17 PM IST
US economy grew surprise 1% in 4th quarter
The US economy grew stronger than expected in the fourth quarter of 2015, but still was sluggish heading into the new year, government data showed Friday.
Feb 26, 2016, 21:35 PM IST
Janet Yellen says no negative interest rates in store for US
Janet Yellen said Thursday that the Federal Reserve had no plans to move toward negative interest rates, following the Swedish central bank`s rate cut deep into negative territory.
Feb 12, 2016, 03:35 AM IST
Janet Yellen warns of domestic, global risks to US economy
Expressing concerns that were not nearly as pronounced the last time she spoke publicly in December, Yellen said in prepared testimony to Congress that the outlook for the US economy had become more cloudy.
Feb 10, 2016, 21:34 PM IST
In final budget, Barack Obama proposes tax hike for wealthy Americans
In his budgetary proposals running into 170 pages, Obama said the Department of Defence continues to develop its India ties through Defence Technology and Trade Initiative, Joint Working Group on Aircraft Carrier Technology Cooperation, and Jet Engine Technology Joint Working Group.
Feb 10, 2016, 00:02 AM IST
