US Economy
US Economy Beats Expectations With 199,000 Jobs Added In November
Markets - Published date: .
The US economy added 199,000 new jobs in November, exceeding market expectations of 180,000. Read more
Federal Reserve Opts To Leave Rates Unchanged But Maintains Hawkish Stance
Markets - Published date: .
The Federal Reserve opted to hold its benchmark interest rate at current levels, but maintained a hawkish stance on th... Read more
US-based Cloud Communications Firm Twilio Lays Off 17% Of Workforce
Banking - Published date: .
US-based cloud communications company Twilio has announced to lay off about 17 per cent of its global workforce amid cos... Read more
JPMorgan Dodges A Buyout-loan Bullet
World - Published date: .
Bank avoided loans backing purchases of companies like Twitter and Citrix, which hurt competitors after markets turned c... Read more
Asia Markets Hit As US Jobless Claims Jump, Stimulus Talks Stall
Hedge Fund - Published date: .
Economists suggested the weak data could spur US lawmakers to push on with fresh stimulus measures as their previous pac... Read more
Trump Signs $2 Trillion Recovery Plan As US Virus Cases Skyrocket
Hedge Fund - Published date: .
It triggers the distribution of millions of relief checks of up to $3,400 for an average American family of four. Read more
US Economy Faces Long-lasting Damage From Trade War: Fed Official
Hedge Fund - Published date: .
The trade picture is "somewhat better" heading into 2020. Read more
St Louis Fed President: Rate Cut May Happen Soon
Markets - Published date: .
The interest rate cut bond markets have been betting on from the US Federal Reserve could be "warranted soon", accordin... Read more
Herman Cain: 'My Voice Is Needed' To Counter Fed And Its 'professor Standard'
AMERICA - Published date: .
The prospective nominee promises to pursue a stable dollar if confirmed to a central bank board that he thinks is too do... Read more
US Weekly Jobless Claims Lowest Since 1969; Unemployment Rolls Shrink
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 205,000 in the most recent week, up slightly fr... Read more
US Retail Sales Soared 1.6% In March
AMERICA - Published date: .
U.S. retail sales were expected to rise 0.9% in March, after slipping 0.2% a month earlier. Read more
US Trade Deficit Falls In February As Shortfall With China Decreases 28%
AMERICA - Published date: .
The decline was due in large part to a 28.2 percent decrease in its goods deficit with China as exports to the nation su... Read more
Fed's Charles Evans Tells CNBC Rates Can Stay Unchanged Into Fall Of 2020
AMERICA - Published date: .
Chicago Federal Reserve President Charles Evans said on Monday that he'd be comfortable leaving interest rates alone unt... Read more
Alan Greenspan Says Economy Will Start To Fade 'very Dramatically' Because Of Entitlement Burden
AMERICA - Published date: .
Economic growth won't last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan... Read more
Cain Reportedly Will Withdraw His Name As Potential Fed Nominee
AMERICA - Published date: .
In recent days, at least four GOP senators said they would not back Cain, seeming to torpedo the nomination before it ev... Read more
US Import Prices Rise For A Third Straight Month, Driven By Higher Fuel Prices
AMERICA - Published date: .
U.S. import prices were expected to rise 0.4% in March, after rising 0.6% a month earlier. Read more
Paul Krugman: The Next Downturn Will Be A 'smorgasbord Recession'
AMERICA - Published date: .
The economist says slowing growth in China and Europe, deflation of a tech bubble and corporate debt could all being on ... Read more
Fed Must 'tread Carefully' Given Market Signals On Outlook: Bullard
AMERICA - Published date: .
St. Louis Federal Reserve President James Bullard said the Federal Reserve needs to "tread carefully" to keep the econom... Read more
US Weekly Jobless Claims Drop To The Lowest Level Since 1969
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 211,000 for the most recent week, up from the 2... Read more
US Producer Prices Post The Biggest Increase In 5 Months
AMERICA - Published date: .
U.S. producer prices increased by the most in five months in March, but underlying wholesale inflation was tame. Read more
