2014 a milestone year for US economy: White House
The year 2014 has been a milestone for the US economy with the average growth of 4.2 percent in the last two quarters and addition of 2.65 million jobs till November, the White House has said.
Dec 19, 2014, 16:24 PM IST
Fed sees bigger fall in unemployment in 2015, 2016
The Federal Reserve raised its annual outlook for US economic growth on Wednesday and projected a larger decline in unemployment over the next two years.
Dec 18, 2014, 09:51 AM IST
Global stocks mostly higher, oil falls before OPEC talks
Wall Street stocks closed mixed on Tuesday with early gains pared after the lowest US consumer confidence data since June took the wind out of a rally spurred by upwardly revised US economic growth, dragging down the US dollar in the process.
Nov 26, 2014, 10:06 AM IST
Gold price extends losses towards 4-1/2-year low
US gold futures extended losses to a second session on Tuesday, falling towards their lowest since 2010, as the strength in the dollar hurt demand for the precious metal as a hedge.
Nov 11, 2014, 13:30 PM IST
US factory activity back at 3-1/2-year high, auto sales rise
US manufacturing activity unexpectedly accelerated in October and automobile sales were strong, easing concerns of a significant moderation in economic growth.
Nov 04, 2014, 09:06 AM IST
US economy grew at robust 4.2% pace in 2nd quarter
The US Commerce Department raised its estimate for US economic growth to 4.2 percent Thursday, confirming the solid rebound from the first quarter`s steep contraction.
Aug 28, 2014, 22:22 PM IST
Gold price stays below $1,300, heads for 2.5% monthly drop
Gold is headed for a 2.5 percent drop for the month.
Jul 31, 2014, 10:20 AM IST
IMF cuts US economic growth forecast to 1.7% in 2014
The International Monetary Fund on Wednesday lowered its US economic growth forecast for 2014 after severe winter weather in the first quarter delivered a sharp contraction.
Jul 23, 2014, 21:51 PM IST
