Credit Suisse CEO pockets $12 mn despite back-to-back losses
Credit Suisse Chief Executive Tidjane Thiam`s pay for his first full year in the job swelled to 11.9 million Swiss francs ($12 million), while bonuses rose 6 percent despite back-to-back annual losses at Switzerland`s second-biggest bank.
Mar 24, 2017, 16:11 PM IST
US job growth fades in September; jobless rate 5.1%
The US job market faltered in September and hiring in prior months was slower than thought, the Labour Department said today in a report pointing to a slowing economy.
Oct 03, 2015, 00:26 AM IST
Fed's "solid" growth view faces test as Greek drama unfolds
The Federal Reserve`s upgraded view that growth in the world`s biggest economy is "solid", and so capable of withstanding an interest rate rise this year, will be put to the test by US jobs data this week.
Feb 01, 2015, 19:06 PM IST
Dollar gives up US GDP data gains in Asia
The dollar lost more ground in thin Asian trade Thursday, after a rally powered by decade-high US economic growth figures.
Dec 25, 2014, 11:37 AM IST
US jobs machine revs up, cutting unemployment to 6.1%
US job creation picked up solidly in June, pushing the jobless rate down to 6.1 percent, boosting confidence in the economy and sending stocks flying to new records.
Jul 04, 2014, 00:39 AM IST
IMF cuts US forecast; urges wage hike and job creation
The International Monetary Fund on Monday slashed its forecast for the United States and urged policymakers to keep interest rates low and raise the minimum wage to strengthen growth.
Jun 16, 2014, 20:19 PM IST
