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The Fed has been plagued by its erroneous assessment of inflation and its consequent slow reaction as well as ethical…

Updated: December 24, 2022 10:15 IST

US GDP report points to an economic recovery, recession unlikely: President Joe Biden’s economic adviser

The US economy grew at a better-than-expected 2.6 per cent annual rate from July through September, snapping two straight quarters…

Updated: October 28, 2022 08:22 IST

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Soaring rent, food costs keep US consumer inflation on front burner

Consumer prices increase 0.4% in September; CPI advances 8.2% on year-on-year basis

Updated: October 13, 2022 20:28 IST

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US Fed delivers big rate hike, sees another large move higher in 2022

Fed lifts target interest rate to 3.00%-3.25% range

Updated: September 22, 2022 00:47 IST

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US House set to give Joe Biden huge win with $430 billion bill on climate, drug prices

Democrats say the legislation will help reduce the federal deficit, cut domestic greenhouse gas emissions, allow Medicare to negotiate lower…

Updated: August 12, 2022 20:19 IST

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US import prices decline for first time in seven months

Economists polled by Reuters had forecast import prices, which exclude tariffs, would decline 1.0% from June.

Updated: August 12, 2022 19:21 IST

Cathie Wood says US economy in recession but don’t worry, good times are coming

Cathie Wood has weighed in on the debate on whether the United States economy is in a recession or not…

August 10, 2022 13:01 IST

US inflation will likely stay high even as gas prices fall

Thanks largely to falling gas prices, the government’s inflation report for July, to be released Wednesday morning, is expected to…

August 10, 2022 10:08 IST

US economy shrinks for 2nd quarter straight on inflation, may fall into recession by year-end

The drumbeat of recession grew louder after the US economy shrank for a second straight quarter, as decades-high inflation undercut…

July 29, 2022 07:44 IST

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But even if the announcement seems to say that, the reality is more complicated.

Reading the signs: Is the US in recession?

Can’t call a recession on the basis of two consecutive quarters of negative growth

Updated: July 22, 2022 08:49 IST

Joe Biden focuses on workers as high inflation remains a risk

The speech before the AFL-CIO convention in Philadelphia was the president’s attempt to reset the terms of the debate on…

Updated: June 15, 2022 09:07 IST

Billionaire investor Bill Ackman explains why share market is imploding: Investors lose confidence in US Fed

“There is no prospect for a material reduction in inflation unless the Fed aggressively raises rates, or the stock market…

Updated: May 25, 2022 16:37 IST

India, US, Economy, India-US economic ties, PM Narendra Modi, Joe Biden

India, US sign pact to facilitate $4-bn investment

The DFC, a development finance agency of the US government, is currently considering investment proposals worth $4 billion for India,…

May 24, 2022 02:10 IST

Elon Musk sees US as ‘probably’ in recession; says could last upto 18 months

“These things pass and then there will be boom times again,” Musk told the All-In Summit in Miami Beach, according…

May 17, 2022 08:32 IST

US inflation hit 8.3% last month but slows from 40-year high

On a month-to-month basis, consumer prices rose 0.3 per cent from March to April, the smallest increase in eight months.

May 11, 2022 20:16 IST

US slightly revises up its GDP estimate for Q4 to 7%

For all of 2021, US GDP jumped by 5.7%, the fastest calendar-year growth since a 7.2% surge in 1984 in…

February 24, 2022 20:09 IST

How inflation and tangled supply lines are gripping economy

With the government reporting Thursday that consumer inflation reached 7.5% over the past year — a 40-year high — the…

February 11, 2022 13:54 IST

US consumer inflation rises most in 40 years; may fuel market speculation for 50 bps Fed rate hike

The consumer price index gained 0.6% last month after increasing 0.6% in December, the Labor Department said on Thursday. In…

February 10, 2022 19:44 IST

US recovery from pandemic recession is showing momentum

As more business restrictions are lifted and more people venture out to shop and eat out, companies that serve them…

April 30, 2021 09:32 IST

Equalisation levy does not discriminate against US firms: India

The comments came in the backdrop of an US Trade Representative (USTR) investigation which has concluded that India’s two per…

January 7, 2021 20:31 IST

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…

Updated: June 6, 2016 10:47 IST

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…

June 6, 2016 07:00 IST

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US Stocks, Wall Street, Apple stocks, Suicide due to Ashley Madison hack, China stock market, General Motors, Barack Obama health…

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