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Oil prices down in Asian trade

Last Updated: Monday, June 30, 2014, 09:23

Oil prices eased in Asia Monday on softer US demand, but tensions in the Middle East where jihadists have declared an Islamic state straddling Iraq and Syria will likely keep prices high, analysts said.

Businesses created 8 million new jobs in US: Obama

Last Updated: Thursday, January 16, 2014, 10:46

Barack Obama said that businesses have created over eight million new jobs in America due to his new economic policies.

India's holding in US government securities rises to $59.9 bn

Last Updated: Tuesday, December 17, 2013, 18:08

India increased its exposure to American government securities to USD 59.9 billion in October, the highest in four months, notwithstanding uncertainties in the world's largest economy.

Obama says his administration stabilised American economy

Last Updated: Monday, September 16, 2013, 11:27

US President Barack Obama has said that his administration has stabilised the country`s economy, which is growing again and producing jobs.

US economy starting to pick up steam: Obama

Last Updated: Friday, May 31, 2013, 23:35

US President Barack Obama Friday said the American economy is starting to pick up steam with the creation of some seven million jobs in the past 38 months.

Key US Senate panel passes landmark immigration reform bill

Last Updated: Wednesday, May 22, 2013, 11:43

The bill passed through the key Senate committee only after lawmakers reached a deal on H-1B visa expansion plan.

Latin American economy to grow this year: UN panel

Last Updated: Wednesday, April 24, 2013, 15:38

In an updated economic assessment, ECLAC predicted that the economies of the region will get a push this year after their growth rates slowed in 2012.

US economy shrinks 0.1% in Dec qtr; first time in over 3 years

Last Updated: Wednesday, January 30, 2013, 22:40

The unexpected contraction adds to the concerns about the struggling global economy which is already battling the European debt turmoil and slowing growth in many developing countries including India.

America's deficit problem is more than fiscal: US economist

Last Updated: Saturday, January 26, 2013, 12:11

The US needs to address its budget deficit, but measures to be taken should not bring counterproductive effects as the nation also face jobs and growth "deficits", said Lawrence Summer, a US economist and President Barack Obama's former economic adviser.

'American economy added 155,000 jobs in December'

Last Updated: Sunday, January 06, 2013, 08:40

The Bureau of Labor Statistics also revised figures for October down to 137,000 from 138,000 and for November up to 161,000 from 146,000.

America’s third quarter economic growth rate revised up to 2.7%

Last Updated: Friday, November 30, 2012, 12:20

The US economy has grown at an annualized rate of 2.7 percent in the third quarter of the year.

'US economy would prevail over Chinese model'

Last Updated: Sunday, October 07, 2012, 14:24

In his book 'Entrepreneurial Nation: Why Manufacturing is Still Key to America's Future' which was released early this year, Khanna profiles 15 successful American manufacturers and highlights their comparative advantage.