US dollar to be blamed for economic slowdown: Forbes
While it is easy to blame the slowing of the US economy on foreigners, a recent article published by The Forbes has said that rise of the US dollar is the root cause.
Feb 09, 2016, 22:46 PM IST
Fed hints at economic worries as it keeps rate unchanged
In the first monetary policy meeting after its historic rate increase in December, the US central bank showed slightly less confidence than a month ago about the trajectory of inflation and growth even as it noted strengthening in the jobs and housing sectors.
Jan 28, 2016, 10:47 AM IST
US blizzard to cause multi-billion dollar losses: Report
Massive blizzards that paralysed much of the US East Coast in the past few days are likely to cause "multi-billion" dollar economic losses in one of the worst storms in the region in over a century, reinsurance broker Aon Benfield said on Monday.
Jan 25, 2016, 18:10 PM IST
The talk of US economic decline is political hot air: Barack Obama
Describing America as the strongest and most durable economy, President Barack Obama Wednesday rejected as "political hot air" the assessment by many that the world's largest economy is on decline.
Jan 13, 2016, 17:36 PM IST
'United States of America most powerful nation on Earth. Period': Barack Obama
The address came amid nervousness in America about terror and the changing economy.
Jan 13, 2016, 10:59 AM IST
US manufacturing activity contracts in December 2015
Economic activity of the US manufacturing sector in December contracted further, as the impact of a strong dollar continue to play out.
Jan 05, 2016, 11:41 AM IST
US third quarter growth estimate cut to 2%
The US economy grew at an annual rate of 2 percent in the third quarter, according to Commerce Department data Tuesday, slightly below a previous estimate of 2.1 percent.
Dec 22, 2015, 19:54 PM IST
Wall Street rallies on gradual Fed tightening, improving economy
Markets judged the Fed`s statement to be dovish, supportive of risk assets including equities.
Dec 17, 2015, 04:12 AM IST
Fed today meeting: Five key facts you must know
With the world`s biggest economy now growing steadily -- if not robustly -- the Fed is expected to conclude at the end of a two-day policy meeting on Wednesday that it is time to get away from the
Dec 16, 2015, 16:14 PM IST
What's so important about the Federal Reserve's interest rate?
On Wednesday the Federal Reserve, the US central bank, is expected to raise its federal funds interest rate for the first time in nearly 10 years
Dec 15, 2015, 08:42 AM IST
US Fed two-day policy meeting begins today, rate hike expected
While an increase in the federal funds rate -- which has not been moved higher in almost a decade -- is not certain, Yellen strongly pointed to it at the beginning of December.
Dec 15, 2015, 08:35 AM IST
Economic pain in US heartland as likely Fed hike nears
America`s heartland, the vast area in the middle of the country that produces much of the nation`s food and energy and is home to many of its traditional manufacturers, is sending warning signals that all is not well with the economy.
Dec 15, 2015, 05:09 AM IST
US Fed expected to end 7-year crisis stance with an interest rate hike amid nagging worries
Most bets are that the Fed will increase the benchmark federal funds rate for the first time in nearly a decade, signaling confidence in US economic growth even as the rest of the world sags.
Dec 13, 2015, 07:14 AM IST
Internet economy is 6% of US GDP: Study
The Internet`s economic impact has doubled since 2007 and now fuels at least six percent of the overall US economy, a study showed Thursday.
Dec 11, 2015, 02:21 AM IST
Fed rate hike backed by strong US jobs report
The US economy pumped out 211,000 new jobs last month.
Dec 04, 2015, 20:56 PM IST
US unemployment rate holds at 5.0% on solid job creation
The US economy pumped out 211,000 new jobs in November.
Dec 04, 2015, 19:22 PM IST
Barack Obama calls for reform of US criminal justice system
US President Barack Obama on Saturday called for a meaningful reform of the US criminal justice system to make it "fairer" while citing that there are 2.2 million people behind bars in America and USD 80 billion is spent on them which adversely affects the economy.
Oct 31, 2015, 16:32 PM IST
US consumer confidence brightens in September
US consumer confidence grew moderately in September, building on August`s strong rebound, as consumers turned more positive about current economic conditions, the Conference Board reported Tuesday.
Sep 29, 2015, 20:20 PM IST
US consumer spending rises; core inflation firms slightly
US consumer spending grew briskly in August and a key measure of inflation firmed a bit, signs of strength in America`s domestic economy that could lead the Federal Reserve to tighten interest rates despite weakness abroad.
Sep 28, 2015, 21:02 PM IST
US economic growth hit 3.9% in second quarter
The US economy sped along at a peppy 3.9 percent annual pace in the second quarter, faster than originally thought, the Commerce Department said Friday.
Sep 25, 2015, 18:36 PM IST
