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White House warns climate inaction could cost US billions

White House warns climate inaction could cost US billions

Last Updated: Tuesday, July 29, 2014, 22:11

Delaying efforts to reduce greenhouse gas emissions could cost the US USD 150 billion per year, the White House warned today in a report on the economic consequences of inaction on climate change.

US factory data points at second-quarter growth pick up

Last Updated: Tuesday, June 03, 2014, 09:42

U.S. manufacturing activity accelerated in May and construction spending rose for a third straight month in April, suggesting economic growth was regaining steam in the second quarter.

S&P hits record on growth bets despite GDP contraction

Last Updated: Thursday, May 29, 2014, 23:03

US stocks rose at the open on Thursday on expectations of strong growth in the second quarter, even as data showed the world`s largest economy contracted in the first quarter.

Gold price today: Latest updates

Last Updated: Thursday, May 01, 2014, 20:54

Gold prices tumbled by Rs 312 to Rs 28,575 per ten grams in futures trade Thursday.

Gold price falls after Fed gives upbeat view of US outlook

Last Updated: Thursday, May 01, 2014, 19:40

Gold was down 0.7 percent at USD 1,283.20 an ounce Thursday.

Gold price stifled by US growth optimism; fund outflows resume

Last Updated: Thursday, May 01, 2014, 12:11

Gold fell 0.2 percent to USD 1,289.10 an ounce Thursday, after losing 0.4 percent yesterday.

Gold price today: Latest updates

Last Updated: Wednesday, April 30, 2014, 11:11

Gold prices slipped by Rs 58 to Rs 28,692 per ten grams in futures trade Wednesday.

Gold price edges lower as investors await Fed, US data

Last Updated: Wednesday, April 30, 2014, 09:52

Gold fell 0.2 percent to USD 1,293.21 an ounce Wednesday, after closing flat in the previous session.

Fitch affirms US ratings, removes downgrade danger

Last Updated: Friday, March 21, 2014, 11:49

Fitch Ratings on Friday affirmed the United States` credit ratings at "AAA" with a stable outlook, removing the distant danger that it might downgrade the world`s largest economy.

US economy grew 3.2% in fourth quarter

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.

US economy grew at robust 4.1% pace in third quarter

Last Updated: Saturday, December 21, 2013, 12:06

It was the strongest growth in the world's largest economy since the fourth quarter of 2011, when the pace hit 4.9 percent.

Wall Street gains on GDP data; indexes post strong week

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.