US Economy

PM Narendra Modi’s visit celebrates remarkable transformation of ties: US

Prime Minister Narendra Modi's visit will highlight the growing collaboration between India and the US and their "shared leadership" on the world stage, the White House said on the eve of his arrival here.

PM Narendra Modi’s visit celebrates remarkable transformation of ties: US

Gold price hits two-week high as chances of early Fed rate hike dim

Gold rose to its highest in nearly two weeks early on Monday, adding to its biggest one-day gain in nearly three months in the previous session when weak U.S. employment data sharply cut the chance of a near-term U.S rate hik

Gold price hits two-week high as chances of early Fed rate hike dim

Gold prices head for biggest weekly drop in eight on Fed rate views

Gold steadied after two days of losses on Friday, but was on track for its biggest weekly slide in eight weeks on the back of a firmer dollar and indications from the U.S. Federal Reserve that it could raise interest raise ra

Gold prices head for biggest weekly drop in eight on Fed rate views

Fed’s John Williams sees good outlook, 2-3 rate hikes this year

With the US economic outlook "definitely looking good," the U.S. central bank is on the cusp of deciding whether to raise rates at any of its next few meetings, San Francisco Federal Reserve Bank President John Williams said

Fed’s John Williams sees good outlook, 2-3 rate hikes this year

US had $106 bn budget surplus in April, thanks to tax receipts

The Treasury Department says the government posted a budget surplus in April, but the deficit so far for the 2016 year remains wider than it was in 2015.

US private hiring slows; trade deficit narrows sharply

US private employers hired the fewest number of workers in three years in April, which could raise concerns that a recent sharp slowdown in economic growth was spilling over to the labor market.

US private hiring slows; trade deficit narrows sharply

US Inc corporate earnings keep falling, but there are signs of life

Are we there yet? It's another weak quarter on Wall Street, but there are some signs corporate America will come out of its recent funk.

Survey: Upcoming US Presidential election makes small business owners wary

Uncertainty about the approaching US presidential election is leading small business owners to take a wait-and-see approach to the economy and their companies, a survey published Tuesday shows.

Warren Buffett praises US Fed but warns of unintended consequences

Investor Warren Buffett says the US Federal Reserve and other policymakers are generally doing a good job, but it is difficult to predict all the effects of interest rates remaining low for this long.

US economic growth brakes sharply at 0.5%; slowest pace in two years

US economic growth braked sharply as consumer spending softened and a strong dollar continued to undercut exports, but a pick-up in activity is anticipated given a buoyant labor market.

US economic growth brakes sharply at 0.5%; slowest pace in two years

Trans-Atlantic trade deal in focus as Barack Obama visits Germany

When President Barack Obama opens the world's largest industrial fair in the northern German city of Hannover on Sunday, he'll be leading a delegation of American companies hoping to conquer new markets abroad. He'll also be

US regulators concerned about leverage in large hedge funds

The heads of the major U.S. financial regulatory agencies on Monday raised concerns about a concentration of leverage in large hedge funds and called for a working group to collect and analyze data on the privately held firms

Panama Papers: US set to force banks to seek identities of people behind shell-company accounts

The US Treasury Department intends to soon issue a long-delayed rule forcing banks to seek the identities of people behind shell-company account holders, after the "Panama Papers" leak provoked a global uproar over the hiding

Panama Papers: US set to force banks to seek identities of people behind shell-company accounts

US Federal Reserve debated April rate hike but caution reigned due to global fears: Minutes

US Federal Reserve policymakers debated last month whether an interest rate hike would be needed in April though a consensus emerged that risks from a global economic slowdown warranted a cautious approach.

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.

US dollar to be blamed for economic slowdown: Forbes
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