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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.

US third-quarter GDP revised higher as inventories bulge

Last Updated: Friday, December 06, 2013, 10:16

Gross domestic product grew at a 3.6 percent annual rate instead of the 2.8 percent pace reported a month ago, the Commerce Department said on Thursday.

US economy grew a speedy 3.6% in Q3

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.

Gold price hits fresh 5-month low on tapering fears

Last Updated: Wednesday, December 04, 2013, 15:21

Gold last traded down 0.5 percent at USD 1,217.06 an ounce after falling to a low of USD 1,215.49 earlier in the session - its lowest since early July.

Gold set for second weekly loss as US data sparks stimulus fears

Last Updated: Friday, November 08, 2013, 10:53

US gross domestic product grew at a 2.8 percent annual rate in the third quarter, the quickest pace in a year, after expanding 2.5 percent in the second quarter.

Q3 growth suggests likely weak US job gains

Last Updated: Friday, November 08, 2013, 09:58

The US economy grew at an annual rate of 2.8 percent in the third quarter, the government said Thursday in a report that signaled little momentum for jobs growth.

US economy grows 2.5% in second quarter

Last Updated: Thursday, September 26, 2013, 22:06

The US real gross domestic product (GDP) increased at an annual rate of 2.5 percent in the second quarter this year, the Commerce Department announced Thursday, leaving its previous estimate unchanged.

US household wealth up 1.8% in second quarter

Last Updated: Thursday, September 26, 2013, 11:55

Boosted by the bullish US stock market, household financial assets increased to about USD61.9 trillion in the second quarter, roughly up USD0.7 trillion from the prior quarter.

Gold eases on stimulus fears after early jump over $1,400

Last Updated: Monday, August 26, 2013, 09:30

Gold erased early gains that pushed it past the psychological USD 1,400 mark to an 11-week high, slipping on uncertainty over whether the U.S. Federal Reserve will wind back its stimulus measures from next month.