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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

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.

US economy seen regaining muscle in second quarter

Last Updated: Wednesday, July 30, 2014, 11:20

Gross domestic product likely grew at a 3.0 percent annual rate after shrinking at a 2.9 percent pace in the first quarter, according to a Reuters survey of economists.

Asian stocks reach three-year peak, China holds gains

Last Updated: Tuesday, July 29, 2014, 09:29

Hong Kong`s key stock index inched to its loftiest level in over 3-1/2 years on optimism that the world`s second-largest economy has turned a corner and as investors wagered on more growth-friendly policies from Beijing.

Oil prices drift lower in Asia

Last Updated: Monday, July 28, 2014, 13:04

Investors are also looking to a US Federal Reserve policy meeting this week for a snapshot on the state of the world`s number one economy.

US jobless claims fall to eight-year low

Last Updated: Thursday, July 24, 2014, 19:15

New claims for US unemployment insurance benefits tumbled to an eight-year low last week, pointing to a firming labor market, according to official data released Thursday.

US top business place for investors: Obama

Last Updated: Thursday, July 24, 2014, 10:54

Noting that his country has bounced back from its worst ever recession, US president Barack Obama has said America is now the top place for investors to do business.

US stocks end lower as Ukraine, Gaza weigh on markets

Last Updated: Tuesday, July 22, 2014, 09:46

At the closing bell, the Dow Jones Industrial Average dropped 47.07 points (0.28 percent) to 17,053.11.

Dollar little changed ahead of housing, inflation data

Last Updated: Tuesday, July 22, 2014, 08:44

The report follows some other recent data showing higher inflation, although US Federal Reserve Chair Janet Yellen and others have downplayed those reports.