US economy on road to recovery: White House
February 18th, 2012 - 1:30 pm ICT by IANS
Washington, Feb 18 (IANS) The United States economy is on the road to recovery with stronger job growth expected this year, but income inequality and Europe's debt crisis could still ... Read more...
Posted in Business |
US pushes services liberalisation with Indian study
February 18th, 2012 - 1:29 pm ICT by IANS
Washington, Feb 18 (IANS) Suggesting that US services imports faced discrimination in important emerging markets such as India, China and Indonesia, Washington has cited an Indian case study ... Read more...
Posted in Uncategorized |
Drop in US unemployment brings cheer to Obama
December 3rd, 2011 - 1:03 pm ICT by IANS
Washington, Dec 3 (IANS) The US unemployment rate surprisingly dropped to 8.6 percent in November, the lowest in two-and-a-half years, bringing good cheer to embattled President Barack Obama, but ... Read more...
Posted in Uncategorized |
Slower jobs recovery ahead: White House
September 2nd, 2011 - 12:38 pm ICT by IANS
Washington, Sep 2 (IANS) Sobered by developments like the debt crisis in Europe and continued troubles in housing at home, the White House has grown less optimistic about economic ... Read more...
Posted in Business |
Foreign investment in US rose 49 percent in 2010
June 21st, 2011 - 11:51 am ICT by IANS
Washington, June 21 (IANS/EFE) The US is the No. 1 destination for foreign direct investment, with close to $228.5 billion received in 2010, up 49 percent over the previous ... Read more...
Posted in Business |
US Senate to vote on key new tax measures for middle class
December 13th, 2010 - 3:32 pm ICT by ANI
Washington, Dec. 13 (ANI): The U.S. Senate is poised to hold a key vote on Monday on the tax cut deal between President Obama and Republicans, and it is believes that a ... Read more...
Posted in World |
US adds less jobs in a sluggish economy (Lead)
December 4th, 2010 - 3:01 pm ICT by IANS
Washington, Dec 4 (IANS) A sluggish US economy added just 39,000 jobs in November while the unemployment rate rose to 9.8 percent, tempering hopes of a quick recovery from its worse ... Read more...
Posted in Business |
White House says stimulus created 3.5mn jobs
November 19th, 2010 - 12:40 pm ICT by IANS
By Arun Kumar
Washington, Nov 19 (IANS) US President Barack Obama lauded the "success story" of General Motors' stock sale as the White House claimed a $787 billion stimulus bill would produce ... Read more...
Posted in Business |
Lawrence “Larry” Summers All Set To Resign In November
September 22nd, 2010 - 9:46 pm ICT by GD
By Gina Gomez
Sep 22, (THAINDIAN NEWS) Last evening the White House officials released a statement announcing Lawrence "Larry" Summers' departure from President Barack Obama's White House Economic Council. In the statement Director ... Read more...
Posted in Politics |
Austan Goolsbee Appointed As The New Chair Of The Council Of Economic Advisers
September 12th, 2010 - 6:35 pm ICT by GD
By Gina Gomez
Sep 12, (THAINDIAN NEWS) The American economist Austan Goolsbee is appointed as the chair of the Council of Economic Advisors. United States President Barack Obama said that he has complete ... Read more...
Posted in Politics |
Christina Romer, The Chair Of The Council Of Economic Advisers Resigns
August 6th, 2010 - 7:51 pm ICT by GD
By Gina Gomez
Aug 6, (THAINDIAN NEWS) The present Chair of Council of Economic Advisers, Christina Romer is all set to resign from her post. The White House officials announced that the veteran ... Read more...
Posted in Politics |
Fears of second recession in US loom
July 31st, 2010 - 1:22 pm ICT by IANS
By Arun Kumar
Washington, July 31 (IANS) Fears of another recession in the United States loomed as the government reported slower growth in the second quarter and the International Monetary Fund said the ... Read more...
Posted in Business |
US recovery splutters fuelling fears of second recession
July 30th, 2010 - 11:53 pm ICT by IANS
By Arun Kumar
Washington, July 30 (IANS) Fears of another recession in the United States loomed as the government reported slower growth in the second quarter and the International Monetary Fund suggested the ... Read more...
Posted in Business |
White House says stimulus funded 3 million jobs
July 15th, 2010 - 12:49 pm ICT by IANS
Washington, July 15 (IANS) Even as President Barack Obama's administration claimed that the $787 billion stimulus had saved or created about three million jobs, the US Chamber of Commerce said he ... Read more...
Posted in Business |
US lawmakers offer stimulus deal amid jobs pessimism
February 12th, 2010 - 2:20 am ICT by IANS
Washington, Feb 12 (DPA) US lawmakers presented a likely deal Thursday on a bipartisan package for reviving job growth after the White House said it expects the US unemployment rate to ... Read more...
Posted in Business |
White House pessimistic about job growth in 2010
February 12th, 2010 - 12:37 am ICT by IANS
Washington, Feb 11 (DPA) The White House Thursday forecast that the US unemployment rate will hover around 10 per cent throughout 2010 as economic growth will not be robust enough to ... Read more...
Posted in Business |
Obama team considering over 600 billion-dollar economic-stimulus plan
December 13th, 2008 - 6:12 pm ICT by ANI
Chicago, Dec.13 (ANI): US President-elect Barack Obama''s economic team is considering an economic-stimulus program that could be in excess of 600 billion dollars to be used over a period of two ... Read more...
Posted in World |
Obama seeks ‘fresh perspective’ to revive US economy
November 26th, 2008 - 11:38 pm ICT by IANS
Washington, Nov 26 (IANS) US president-elect Barack Obama Wednesday announced the creation of a new economic recovery board to provide a "fresh perspective" to advise him on how to stabilise financial markets ... Read more...
Posted in Business |
Obama rolls out team with ‘vision and expertise’ to put America back on track (Lead)
November 25th, 2008 - 1:13 am ICT by IANS
Washington, Nov 24 (IANS) Facing an "economic crisis of historic proportions", President-elect Barack Obama Monday named an economic team "with the vision and expertise to stabilise our economy, create jobs, and get ... Read more...
Posted in Business |
Obama announces new team to tackle economic crisis
November 25th, 2008 - 1:01 am ICT by IANS
Chicago, Nov 24 (IANS) US President-elect Barack Obama Monday named his team of economic advisers who would infuse "fresh thinking" to tackle the economic downturn.Timothy Geithner, the president of the New York ... Read more...
Posted in Uncategorized |
A stimulus to jump start economy first priority: Obama (Second lead)
November 8th, 2008 - 4:21 am ICT by IANS
Washington, Nov 8 (IANS) US President-elect Barack Obama has vowed that restoring the nation's economic equilibrium will be a major priority of his administration as it works to ease credit crisis, help ... Read more...
Posted in Politics |
I’m going to confront this economic crisis: Obama (Lead)
November 8th, 2008 - 4:04 am ICT by IANS
Washington, Nov 8 (IANS) US president-elect has vowed to ease credit crisis, help American families and restore growth and prosperity as the country faces the "greatest economic challenge of our lifetime"."We are ... Read more...
Posted in World |
US economist calls financial crisis worst since 1930s
March 19th, 2008 - 6:18 pm ICT by admin
DPA
Wellington, March 19 (DPA) The current financial crisis is the worst the world has seen since the Great Depression of the 1930s and the US Federal Reserve move to cut interest rates ... Read more...
Posted in Business |