Fed keeps key rate unchanged, noting slower US growth
The Federal Reserve kept its benchmark interest rate unchanged Wednesday citing slower growth in the US economy even as the labor market strengthens.
Apr 28, 2016, 00:05 AM IST
US trade deficit shrinks to 9-month low
The US trade deficit shrank in November to a nine-month low as a sharp drop in imports outpaced a decline in exports, the Commerce Department said Wednesday.
Jan 06, 2016, 20:44 PM IST
China manufacturing contracts, eurozone and US slows
China`s giant manufacturing industry contracted and eurozone and US growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year.
Sep 01, 2015, 23:03 PM IST
IMF's Lagarde sees weaker-than-expected global economic growth
"Overall, we expect global growth to remain moderate and likely weaker than we anticipated last July," Lagarde said.
Sep 01, 2015, 13:56 PM IST
US industrial production up
The US industrial production rose for the second month in July, driven by surge in auto production, the Federal Reserve said.
Aug 15, 2015, 09:37 AM IST
Greece, growth worries keep cap on Wall Street
Another volatile week marked by distrust over the US growth rebound and Greece`s debt talks prevented US markets from locking in recent record highs.
May 30, 2015, 09:32 AM IST
US economy contracted 0.7% in first quarter
The US economy contracted at an annual rate of 0.7 percent in the first quarter of this year, the Commerce Department said Friday in a revised GDP estimate.
May 29, 2015, 19:02 PM IST
US manufacturing activity slows in March: ISM
Growth in the US manufacturing sector slowed for the fifth straight month in March, the Institute for Supply Management said Wednesday.
Apr 01, 2015, 20:43 PM IST
US trade deficit jumps 17.1% to $46.6 billion
The US trade deficit in December jumped to the highest level in more than two years as American exports fell and imports climbed to a record level.
Feb 05, 2015, 22:04 PM IST
US economic growth in 2014 fastest since 2010
US gross domestic product grew at an annual 2.4 percent pace last year.
Jan 30, 2015, 22:06 PM IST
Obama declares victory over recession
Declaring victory over vicious recession, US President Barack Obama today said the shadow of crisis has passed and the world's largest economy has turned the page on years of costly wars as he pledged economic policies to help the middle class and target the wealthy.
Jan 21, 2015, 12:18 PM IST
US consumer sentiment at highest in 11 years
US consumer sentiment rose to its highest on gains in jobs and wages and on lower gasoline prices.
Jan 17, 2015, 00:12 AM IST
America's resurgence is real: Barack Obama
Hailing the revival of economy and jobs growth in the US, President Barack Obama has said that the worst of the crisis is over and there is no looking back.
Jan 08, 2015, 16:08 PM IST
Obama takes US economic bright spell on the road
Riding high on a stronger economy, President Barack Obama is setting out on a US tour to highlight the improved numbers, with hopes that his approval rating follows suit.
Jan 07, 2015, 23:52 PM IST
Oil gains as US growth beats expectations
World oil prices rose Tuesday as strong US economic data sparked a round of buying in the beaten-down commodity.
Dec 24, 2014, 02:23 AM IST
Manufacturing leads US industrial output higher
The July output increase was slightly stronger than analysts expected.
Aug 15, 2014, 20:28 PM IST
Nikkei rises to fresh 6-month high led by exporters, banks
Japan`s Nikkei share average rose to a fresh six-month high on Thursday after solid U.S. growth buoyed sentiment and as the weakening yen lifted exporters, while Sumitomo Mitsui Financial Group`s earnings boosted the banking sector.
Jul 31, 2014, 09:19 AM IST
US economy seen regaining muscle in second quarter
Gross domestic product likely grew at a 3.0 percent annual rate after shrinking at a 2.9 percent pace in the first quarter, according to a Reuters survey of economists.
Jul 30, 2014, 11:20 AM IST
US manufacturing growth slips in June
The US manufacturing sector grew at a slightly slower pace in June after hitting the year`s highest level the prior month, the Institute for Supply Management said Tuesday.
Jul 01, 2014, 22:47 PM IST
Fed cuts 2014 growth forecast but maintains confidence in recovery
The Federal Reserve on Wednesday slashed its forecast for US economic growth this year but expressed confidence the recovery was largely on track and would allow it to begin raising interest rates in 2015.
Jun 18, 2014, 23:45 PM IST
