Us Economy
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US economy expanded at weakest pace in Q1 in last three years
April 29, 2017 14:46 ISTThe growth of the US economy in the January-March quarter was the weakest in last three years.
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Donald Trump good for US economy for now as trouble looms: IMF head
World | February 12, 2017 21:53 ISTThe head of the International Monetary Fund said Sunday that U.S. President Donald Trump taking office is likely good for the American economy in the short term, though rising interest rates and a strengthening dollar
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US economic growth slowed to 1.9 per cent rate in fourth quarter
World | January 28, 2017 7:56 ISTUS economic growth slowed mote than expected in the fourth quarter of 2016 as a downturn is export temporarily depressed the activity.
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US Fed leaves key interest rate unchanged,relief for Indian markets
September 18, 2015 9:22 ISTWashington: The Federal Reserve ended weeks of speculation Thursday by keeping U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets.But at
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US economic data tops investors expectations as Oil prices jump
World | August 28, 2015 11:58 ISTNew York: Oil prices rebounded strongly on Thursday as US economic data topped investors' expectations.The US Commerce Department on Thursday revised up its estimate for the real gross domestic product (GDP) in the second quarter
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Russia's currency crisis: How bad is the situation?
December 17, 2014 13:34 ISTNew Delhi: The Russian central bank raised interest rates to 17 per cent in an attempt to prevent the rouble's collapse. However, the dramatic move has failed to halt the decline, leaving President Vladimir Putin
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#ModiInAmerica: US business, policymakers keen to engage with India: Assocham survey
September 27, 2014 12:52 ISTNew Delhi: American businesses and policy-makers are keen to engage with India as they see enormous potential in the country's economy backed by the execution capabilities of the Narendra Modi-led government, according to a survey
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Indian students major contributor to US economy: Report
August 30, 2014 16:43 ISTWashington: Foreign students from India, China and South Korea are the major contributors to the US economy with the host country earning USD 21.8 billion in tuition fees and USD 12.8 billion in living costs
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US economy adds 204,000 jobs in October, unemployment rises to 7.3%
November 08, 2013 20:53 ISTWashington: The US economy added 204,000 jobs in October, an unexpected burst of hiring during a month in which the federal government was partially shut down for 16 days. The Labor Department said Friday that
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'US shutdown caused record number of furloughed days'
World | November 08, 2013 9:08 ISTWashington : Federal employees were furloughed for a combined total of 6.6 million days during the 16-day partial federal government shutdown starting Oct 1, the most number in all government shutdowns of the country, the
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Brighter US economy makes Fed tapering more likely
September 06, 2013 9:00 ISTWashington: The U.S. economy is showing strength as summer nears a close — a trend that's raising the likelihood that the Federal Reserve will slow its bond buying later this month.The steady improvement is also
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2013 can be year of economic growth: Obama
February 03, 2013 11:00 ISTWashington, Feb 3: US President Barack Obama says 2013 can be a year of solid economic growth, but only if Washington gets out of the way.In his weekly radio and Internet address, Obama says there
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Economic jitters compete with Obama agenda
January 31, 2013 17:43 ISTWashington, Jan 31: Just as U.S. President Barack Obama is pushing new initiatives on gun control and immigration, the gloomy old problem of a sluggish economy is elbowing its way back into prominence. Consumer confidence
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US economy shrinks to 0.1 %
January 31, 2013 11:38 ISTWashington, Jan 31: The U.S. economy unexpectedly shrank from October through December for the first time since 2009, hurt by the biggest cut in defence spending in 40 years, fewer exports and sluggish growth in
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Obama vows to press ahead on fiscal cliff solution
World | December 21, 2012 17:03 ISTWashington, Dec 21: President Barack Obama says he'll press ahead with Congress to prevent across-the-board tax increases set to strike taxpayers Jan. 1 after Republican Party leaders in the House of Representatives unexpectedly put off
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Gold rises by Rs 155, silver by 500 on firm global cues
May 19, 2012 15:47 ISTNew Delhi, May 19: Both gold and silver rose for the third day in a row on the bullion market here today on sustained buying by stockists and investors, driven by a firming global trend.The
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US Economy Moving In The Right Direction : Obama
World | January 07, 2012 13:06 ISTWashington, Jan 7: Encouraged by the addition of more than 2 lakh new jobs last month and a drop in the unemployment rate, the US President Barack Obama on Friday said the country's economy is
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Strong US Economy Key To Global Recovery: Obama
World | November 11, 2010 8:30 ISTSeoul, South Korea: President Barack Obama said a strong, job-creating economy in the United States would be the country's most important contribution to a global recovery as he pleaded with world leaders to work together
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