US-economy - Latest News on US-economy | Read Breaking News on Zee News

Still awash with cash, world economies take turn for the worse

Last Updated: Wednesday, August 20, 2014, 23:10

China`s economy is slowing. The euro zone`s is a flat line. Japan`s sank in the second quarter. Britain has wage deflation. The US economy is ticking over at best.

Dollar hits multi-month highs in Asia on upbeat US data

Last Updated: Wednesday, August 20, 2014, 12:29

The dollar hit multi-month highs against the euro and yen in Asia Wednesday after a surge in US housing construction boosted optimism over the state of the world`s number one economy.

Manufacturing leads US industrial output higher

Last Updated: Friday, August 15, 2014, 20:28

The July output increase was slightly stronger than analysts expected.

Yellen resolved to avoid raising rates too soon, fearing downturn

Last Updated: Wednesday, August 13, 2014, 10:43

Approaching a historic turn in US monetary policy, Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she`d rather fight inflation than another economic downturn.

US job openings hit 13-year high in June

Last Updated: Wednesday, August 13, 2014, 09:51

The number of US job openings hit a 13-year high in June and more workers quit their jobs, pointing to a tightening labor market, Labor Department data showed Tuesday.

India to surpass US economy by mid-21st century: Vietnam expert

Last Updated: Tuesday, August 12, 2014, 21:24

India was the "honour" of the BRICS group of nations and its economy will exceed that of the US by the middle of this century, a Vietnamese expert said here Tuesday.

Global stocks rise after Russia steps back; gains fragile

Last Updated: Monday, August 11, 2014, 15:12

The increased appetite for risk led to a modest drop in safe-haven bonds, with German Bund futures slightly down.

US hiring remains strong in July

Last Updated: Saturday, August 02, 2014, 05:07

The US economy generated 209,000 new jobs in July, down from June but maintaining a solid 200,000-plus monthly streak since February, the Commerce Department said.

US economy adds 209,000 jobs in July; unemployment rate flat

Last Updated: Friday, August 01, 2014, 21:15

The US economy generated 209,000 new jobs in the month of July, making it sixth consecutive month when job gains have been above 200,000.

Gold price stays below $1,300, heads for 2.5% monthly drop

Last Updated: Thursday, July 31, 2014, 10:20

Gold is headed for a 2.5 percent drop for the month.

Nikkei rises to fresh 6-month high led by exporters, banks

Last Updated: Thursday, July 31, 2014, 09:19

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.

US GDP growth rebounds to 4% in 2nd quarter

Last Updated: Wednesday, July 30, 2014, 18:49

Private investment soared 17.0 percent in the second quarter, after shrinking 6.9 percent in the previous period. Investment was strong in both equipment and homes.