Last Updated: Tuesday, April 08, 2014, 22:12
The clearing of Washington`s fierce debt and deficit battles of the past three years has opened the way toward stronger US economic growth, the International Monetary Fund said Tuesday.
Last Updated: Saturday, March 01, 2014, 23:01
US gross domestic product (GDP) grew at an annualized rate of 2.4 percent against an expected 3.2 percent from October to December.
Last Updated: Friday, January 31, 2014, 14:30
Gold last traded down 0.1 percent at USD 1,241.59 an ounce Friday after a 2-percent overnight drop.
Last Updated: Thursday, January 30, 2014, 19:33
The US economy grew at an annual rate of 3.2 percent in the 2013 fourth quarter, slightly stronger than expected despite the partial government shutdown, official data released Thursday showed.
Last Updated: Saturday, December 21, 2013, 11:57
For the week, the Dow rose 3 percent, its best week since September, and the S&P 500 gained 2.4 percent, its best week since July. The Nasdaq advanced 2.6 percent.
Last Updated: Thursday, December 05, 2013, 19:40
The US economy grew at a speedy annual rate of 3.6 percent in the third quarter, significantly higher than initially estimated, the Commerce Department reported Thursday.
Last Updated: Thursday, November 21, 2013, 10:03
Federal Reserve officials felt they could decide to start scaling back the U.S. central bank`s massive asset-purchase program at one of its next few meetings provided this was warranted by economic growth.
Last Updated: Thursday, November 07, 2013, 21:17
The US economy grew at an annual rate of 2.8 percent in the third quarter, the government said Thursday in a report that revealed weakness in key consumer spending.
Last Updated: Thursday, November 07, 2013, 20:44
US stocks Thursday opened higher after a strong economic growth number for the third quarter and as Twitter was poised to make its much-anticipated entry into the market.
Last Updated: Wednesday, October 02, 2013, 13:02
Spot gold had had fallen to USD 1,278.24 earlier in the session, its lowest since Aug. 7.
Last Updated: Sunday, July 28, 2013, 19:28
The IMF, in its regular assessment of the economy, said the US still faces 'powerful headwinds', but noted gains on stock markets and in house prices.
Last Updated: Wednesday, July 17, 2013, 22:17
US Federal Reserve Chairman Ben Bernanke reiterated on Wednesday that the Fed stimulus could be wound up next year if economic growth remains steady as forecast.
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