'US-led air assault against IS to solve America's economic problem'

The US-led air assault against the Islamic State in Iraq and Syria is just to "serve the US' own interest" and "solve America's economic problem", a Syrian official said here Thursday.

With Senate at stake, Obama touts economic gains

President Barack Obama on Thursday told voters that he and Democrats succeeded in pulling the US economy back from the brink of collapse during the Great Recession but acknowledged it was still tough going for the middle class.

Indian students major contributors to US economy: Report

Washington: Foreign students from India, China and South Korea are the major contributors to the US economy with the host country earning USD 21.8 billion in tuition fees and USD 12.8 billion in living costs from them.

White House calls for urgent climate change action

The White House called today for urgent action to combat climate change, as it released a study on the impact of global warming across the United States and key sectors of the US economy.

This can be a breakthrough year for America: Barack Obama

In his sixth State of the Union address, US President Barack Obama on Tuesday said that "this can be a breakthrough year for America”.

Obama says wants to maximise pace of recovery

With signs of improvement in the economy, US President Barack Obama on Tuesday said he wants to maximise the pace of recovery to ensure every American benefits from it.

2014 Outlook: Global economic recovery to cheer commodity market

Better global economy growth may lift demand of metals & crude oil.

2014 Outlook: Gold to underperform equities

Gold is the investment asset class which provides a hedge against inflation and better returns during recession when currencies lose their value drastically.

US in a good position to compete around the world: Obama

Asserting that the American economy is back on track with the creation of 7.8 million jobs in the last 44 months, and reduction in its dependence on foreign oil, US President Barack Obama has said United States is in a good position to compete around the world in the 21st century.

US shutdown: How Yankee doodle is riding on a crisis

The shutdown over `Obamacare` will surely impact the US economy.

Obama says his administration stabilised American economy

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

Flood of `fertile immigrants` needed to boost US economy, said Jeb Bush

American politician and former governor of Florida, Jeb Bush has said that US immigration needs reform so that `more fertile` immigrants can help offset US population decline and boost the economy.

Mitt Romney vows to restore US economy

Republican presidential candidate Mitt Romney vowed to restore US economy, accusing incumbent Barack Obama of worsening the country`s financial woes.

US economy springs up during Obama-Romney foreign policy debate

Economic and domestic issues appeared time and again during the third and final presidential debate on Monday.

US economy needs `more medicine`: Obama aide

A top advisor to President
Barack Obama has said that the fragile US economy needed "more
medicine," stepping up a campaign for the extension of payroll
tax cuts by a fractious Congress.

Wall Street sit-in protest goes global

New Zealand and Australia got the ball rolling while most of traditionally reserved Asia was quiet.

Obama’s trillion dollar folly?

It is just a matter of time that Obama’s plans worth trillions of dollars will become a folly if a just economic package fails to fill the political vacuum.

Is the `Buffett rule` solution for the West?

While raising tax rates provides a temporary relief as far as the internal deficit targets are concerned it is not a universal remedy to meet the budgetary issues being faced by the western world.

Global slowdown silences Asia`s inflation hawks

The global economic slowdown has brought emerging Asia`s rate-hiking cycle to a premature pause and the next step could be easing if the United States slides into a recession or Europe`s debt troubles spawn a full-blown financial crisis.

Obama jobs plan reinvigorates growth outlook

Barack Obama`s jobs package could lift US economic growth by one to three percentage points in 2012, add well over one million jobs and lower the unemployment rate by at least half a percentage point.