Fed hints at economic worries as it keeps rate unchanged
Fed hints at economic worries as it keeps rate unchanged

In the first monetary policy meeting after its historic rate increase in December, the US central bank showed slightly less confidence than a month ago about the trajectory of inflation and growth even as it noted strengthening in the jobs and housing sectors.

 

US blizzard to cause multi-billion dollar losses: Report
US blizzard to cause multi-billion dollar losses: Report

Massive blizzards that paralysed much of the US East Coast in the past few days are likely to cause "multi-billion" dollar economic losses in one of the worst storms in the region in over a century, reinsurance broker Aon Benfield said on Monday.

The talk of US economic decline is political hot air: Barack Obama
The talk of US economic decline is political hot air: Barack Obama

Describing America as the strongest and most durable economy, President Barack Obama Wednesday rejected as "political hot air" the assessment by many that the world's largest economy is on decline.

'United States of America most powerful nation on Earth. Period': Barack Obama
'United States of America most powerful nation on Earth. Period': Barack Obama

The address came amid nervousness in America about terror and the changing economy.

US manufacturing activity contracts in December 2015
US manufacturing activity contracts in December 2015

Economic activity of the US manufacturing sector in December contracted further, as the impact of a strong dollar continue to play out.

US third quarter growth estimate cut to 2%

The US economy grew at an annual rate of 2 percent in the third quarter, according to Commerce Department data Tuesday, slightly below a previous estimate of 2.1 percent.

Wall Street rallies on gradual Fed tightening, improving economy

Markets judged the Fed`s statement to be dovish, supportive of risk assets including equities. 

Fed today meeting: Five key facts you must know
Fed today meeting: Five key facts you must know

With the world`s biggest economy now growing steadily -- if not robustly -- the Fed is expected to conclude at the end of a two-day policy meeting on Wednesday that it is time to get away from the ultra-low interest rates that have underpinned the recovery from the 2008-2009 Great Recession.

What's so important about the Federal Reserve's interest rate?
What's so important about the Federal Reserve's interest rate?

On Wednesday the Federal Reserve, the US central bank, is expected to raise its federal funds interest rate for the first time in nearly 10 years

US Fed two-day policy meeting begins today, rate hike expected
US Fed two-day policy meeting begins today, rate hike expected

While an increase in the federal funds rate -- which has not been moved higher in almost a decade -- is not certain, Yellen strongly pointed to it at the beginning of December.

Economic pain in US heartland as likely Fed hike nears

America`s heartland, the vast area in the middle of the country that produces much of the nation`s food and energy and is home to many of its traditional manufacturers, is sending warning signals that all is not well with the economy.

US Fed expected to end 7-year crisis stance with an interest rate hike amid nagging worries
US Fed expected to end 7-year crisis stance with an interest rate hike amid nagging worries

Most bets are that the Fed will increase the benchmark federal funds rate for the first time in nearly a decade, signaling confidence in US economic growth even as the rest of the world sags.

 

Internet economy is 6% of US GDP: Study

The Internet`s economic impact has doubled since 2007 and now fuels at least six percent of the overall US economy, a study showed Thursday.

 

Fed rate hike backed by strong US jobs report

The US economy pumped out 211,000 new jobs last month.

US unemployment rate holds at 5.0% on solid job creation

The US economy pumped out 211,000 new jobs in November.

Barack Obama calls for reform of US criminal justice system

US President Barack Obama on Saturday called for a meaningful reform of the US criminal justice system to make it "fairer" while citing that there are 2.2 million people behind bars in America and USD 80 billion is spent on them which adversely affects the economy.

US consumer confidence brightens in September

US consumer confidence grew moderately in September, building on August`s strong rebound, as consumers turned more positive about current economic conditions, the Conference Board reported Tuesday.

US consumer spending rises; core inflation firms slightly

US consumer spending grew briskly in August and a key measure of inflation firmed a bit, signs of strength in America`s domestic economy that could lead the Federal Reserve to tighten interest rates despite weakness abroad.

US economic growth hit 3.9% in second quarter
US economic growth hit 3.9% in second quarter

The US economy sped along at a peppy 3.9 percent annual pace in the second quarter, faster than originally thought, the Commerce Department said Friday.

Indian tech industry supports over 411,000 jobs in US: Report
Indian tech industry supports over 411,000 jobs in US: Report

Indian tech industry contributed nearly 411,000 jobs to the US economy this year and USD 20 billion in taxes between 2011-15 when American firms leveraged Indian talent to provide innovative and cost-competitive solutions to boost their global market share, a new report said Monday.