US economy grows at tepid 1.2%; business spending softens
The US economy slowed less than initially thought in the first quarter, but there are signs it could struggle to rebound sharply in the second quarter amid slowing business investment and moderate consumer spending.
May 26, 2017, 19:09 PM ISTUS jobless claims drop for fifth week in a row
New claims for US unemployment insurance fell last week for the fifth week in a row, according to government figures published Wednesday.
Dec 24, 2014, 21:27 PM IST