US stocks slightly lower in thin trading
January 27th, 2012 - 3:53 am ICT by IANS
New York, Jan 27 (IANS) US stocks were slightly lower in thin trading Thursday amid earning reports, economic data and the Federal Reserve's decision to keep low interest rate, Xinhua ... Read more...
Posted in Business |
US Fed to keep interest rates low
January 26th, 2012 - 4:15 am ICT by IANS
Washington, Jan 26 (IANS) The US Federal Reserve plans to keep key interest rates exceptionally low at least through 2014.The US economy has been "expanding moderately", the Federal Open Market ... Read more...
Posted in Business |
US stocks edge lower
January 25th, 2012 - 2:29 am ICT by IANS
New York, Jan 25 (IANS) US stocks edged lower Tuesday amid concerns about the European debt crisis and mixed US corporate earnings.European Union ministers Tuesday rejected the proposals by private ... Read more...
Posted in Business |
US annual inflation highest since 2007
January 20th, 2012 - 12:02 pm ICT by IANS
Washington, Jan 20 (IANS/EFE) US consumer prices rose 3 percent in 2011, the largest annual increase in four years, the Labor Department said Thursday.So-called core inflation, which excludes volatile food ... Read more...
Posted in Business |
US stocks moderately higher ahead of earnings
January 10th, 2012 - 6:17 am ICT by IANS
New York, Jan 10 (IANS) US stocks ended moderately higher Monday as investors awaited the beginning of a new earnings season, Xinhua reported.Analysts expected that US corporate earnings will be ... Read more...
Posted in Business |
US economy grew only 1.8 percent in Q3
December 23rd, 2011 - 11:52 am ICT by IANS
Washington, Dec 23 (IANS/EFE) The US economy grew at an annualized rate of 1.8 percent in the third quarter and not 2.5 percent as originally thought, the Commerce Department said ... Read more...
Posted in Business |
US economic growth revised down to 1.8 percent
December 22nd, 2011 - 11:51 pm ICT by IANS
Washington, Dec 22 (IANS) US economic growth rate was revised down to 1.8 percent in the third quarter of this year, the commerce department said Thursday.The department attributed the slowdown ... Read more...
Posted in Business |
US economic growth to remain slow in 2012: Experts
December 20th, 2011 - 3:15 pm ICT by IANS
Washington, Dec 20 (IANS) The US economy is projected to grow at a slow pace because of ongoing challenges, American experts said Monday.
The housing market will probably remain relatively ... Read more...
Posted in Business |
US stocks drop for second straight day (Lead)
December 14th, 2011 - 6:09 am ICT by IANS
New York, Dec 14 (IANS) US stocks dropped all early gains and ended lower for the second straight day Tuesday after the Federal Reserve offered no immediate measures to boost ... Read more...
Posted in Business |
US consumer credit up in October
December 8th, 2011 - 1:15 pm ICT by IANS
Washington, Dec 8 (IANS) US consumer credit increased at an annual rate of 3.7 percent in October, a positive sign for a still fragile economic recovery, the Federal Reserve has ... Read more...
Posted in Business |
Economic growth still slow to moderate: US
December 1st, 2011 - 12:11 pm ICT by IANS
Washington, Dec 1 (IANS/EFE) The rate of economic growth in the US continues to be "slow to moderate" in all but one of the 12 Federal Reserve Districts, the central ... Read more...
Posted in Business |
US to stress test 31 banks against severe recession
November 23rd, 2011 - 1:44 pm ICT by IANS
Washington, Nov 23 (IANS) The US Federal Reserve has announced that it would carry out a new round of stress tests next year on the nation's 31 largest financial institutions ... Read more...
Posted in Business |
US economy to strengthen in near term: Federal Reserve
November 23rd, 2011 - 1:35 pm ICT by IANS
Washington, Nov 23 (IANS) The near-term projection for the pace of growth of the US economy was revised up due to the recent positive data on consumer spending and business ... Read more...
Posted in Business |
US consumer prices dip
November 17th, 2011 - 11:04 am ICT by IANS
Washington, Nov 17 (IANS/EFE) Consumer prices in the US declined 0.1 percent in October, while the 12-month inflation rate stood at 3.5 percent, the Labor Department said Wednesday.Excluding the more ... Read more...
Posted in Business |
US consumer prices rose in September
October 20th, 2011 - 12:38 pm ICT by IANS
Washington, Oct 20 (IANS/EFE) US consumer prices rose 0.3 percent last month, bringing the 12-month inflation rate to 3.9 percent, the Labour Department said Wednesday.The core Consumer Price Index, which ... Read more...
Posted in Business |
US stocks slump after Fed offers bleak outlook (Lead)
October 20th, 2011 - 4:46 am ICT by IANS
New York, Oct 20 (IANS) US stocks extended losses Wednesday after the Federal Reserve said the economy was losing steam across much of the nation, Xinhua reported.The sell-off came after ... Read more...
Posted in Uncategorized |
Overseas funds sell $22.39 million in equities
September 25th, 2011 - 5:50 pm ICT by IANS
Mumbai, Sep 25 (IANS) Indian equities markets saw overseas funds turn net sellers during the week ended Friday even as benchmark indices lost 4.5 percent amid a global sell-off.Foreign ... Read more...
Posted in Business |
Indian markets expected to catch up to global rally Friday
September 1st, 2011 - 1:27 pm ICT by IANS
Mumbai, Sep 1 (IANS) Indian equities markets, which remained closed Thursday for the second day running, are Friday expected to play catch up to the rally witnessed in bourses ... Read more...
Posted in Business |
US stocks open higher
September 1st, 2011 - 2:42 am ICT by IANS
New York, Sep 1 (IANS) US stocks opened higher Wednesday as investors expected that the federal reserve will provide more stimulus efforts in the future, Xinhua reported.The central bank's opinions ... Read more...
Posted in Business |
Consumer spending goes up in US
August 30th, 2011 - 12:01 pm ICT by IANS
Washington, Aug 30 (IANS/EFE) Consumer spending in the US rose 0.8 percent in July, the biggest increase in two years, the Commerce Department said Monday.July's gain helps offset the bad ... Read more...
Posted in Business |
US stocks up after four straight weekly losses
August 23rd, 2011 - 12:21 am ICT by IANS
New York, Aug 22 (IANS) US stocks gained Monday after investors' concern over world economy drove the S&P; 500 down for four weeks, Xinhua reported.Investors worried that the US economic ... Read more...
Posted in Business |
Dow Jones Industrial Average down as trading opens
August 10th, 2011 - 10:07 pm ICT by Aishwarya Bhatt
New York, Aug 10 (THAINDIAN NEWS) The Dow Jones Industrial Average shed most of the gains it made on Tuesday at the opening of trading on Wednesday. Just an hour into trading ... Read more...
Posted in Business |
US to keep interest rates low until 2013; stocks zoom
August 10th, 2011 - 10:41 am ICT by IANS
Washington, Aug 10 (IANS) Painting a much gloomier picture of the economy, the US central bank has indicated it would take no new steps to stimulate the economy other ... Read more...
Posted in Business |
Rapper Snoop Dogg takes football to Chicago
August 1st, 2011 - 7:07 pm ICT by Aishwarya Bhatt
Chicago, Aug 1 (THAINDIAN NEWS) Rapper Snoop Dogg has taken his football league to Chicago. Snoop outlined his plans on Saturday at the Chicago Indoor Sports Facility."The thing is if we don't ... Read more...
Posted in Entertainment |
US economy continues to be slow: Central bank
July 28th, 2011 - 11:47 am ICT by IANS
Washington, July 28 (IANS/EFE) The pace of economic growth slowed last month in eight of the 12 Federal Reserve Districts, the central bank said Wednesday."Reports from the twelve Federal Reserve ... Read more...
Posted in Business |
Putin calls US ‘hooligans’ for printing excess money
July 11th, 2011 - 9:52 pm ICT by IANS
Moscow, July 11 (IANS/RIA Novosti) Russian Prime Minister Vladimir Putin Monday accused the US of hooliganism over the American government's efforts to ease its financial problems by reportedly injecting billions ... Read more...
Posted in World |
US stocks mixed as economic concerns weigh on market
June 9th, 2011 - 2:40 am ICT by IANS
New York, June 9 (IANS) US stocks traded mixed Wednesday as worries about the economic recovery weighed on the market, Xinhua reported.Concerns over the global economy have grown due to ... Read more...
Posted in Business |
US GDP climbs less than expected in first quarter
May 27th, 2011 - 11:15 am ICT by IANS
Washington, May 27 (IANS/EFE) The government has said the US economy expanded at an annual rate of 1.8 percent between January and March, confirming previous figures that fell short of ... Read more...
Posted in Business |
US stocks trim losses in late-hour trading
May 18th, 2011 - 7:44 am ICT by IANS
New York, May 18 (IANS) Wall Street trimmed most of the early losses in late-hour trading and ended mixed Tuesday, after weak economic data and tepid outlook from big-name tech ... Read more...
Posted in Business |
Dollar dips on consumer spending, eurozone inflation
April 30th, 2011 - 2:55 am ICT by IANS
New York, April 30 (IANS) The US dollar fell against major currencies in late New York trading Friday as US consumer spending rose in March and inflation in the eurozone ... Read more...
Posted in Business |
US economy slows in first quarter
April 29th, 2011 - 11:18 am ICT by IANS
Washington, April 29 (IANS/EFE) The US economy grew at an annualised rate of 1.8 percent in the first quarter, down from 3.1 percent in the final three months of 2010, ... Read more...
Posted in Business |
Happiest places have the highest suicide rates
April 25th, 2011 - 7:28 pm ICT by Aishwarya Bhatt
New York, April 25 (THAINDIAN NEWS) For years observers have been baffled as to why places identified as ‘happiest’ to live in often have highest rates of suicide. Previous studies have shown ... Read more...
Posted in World News |
Highest suicide rates occur in happiest places
April 22nd, 2011 - 6:04 pm ICT by ANI
Washington, April 22 (ANI): A new study has suggested that happiest places tend to have the highest suicide rates.The research found that a range of nations, including Canada, the US, Iceland, Ireland ... Read more...
Posted in Health Science |
US economy feels ripples from Japan quake
April 14th, 2011 - 11:21 am ICT by IANS
Washington, April 14 (IANS/EFE) Last month's magnitude-9 earthquake and tsunami in Japan may have had a greater than expected impact on the US economy, the Federal Reserve Bank said Wednesday."Boston, ... Read more...
Posted in Business |
Study: Shoppers are ditching their credit cards
December 16th, 2010 - 7:20 pm ICT by Aishwarya Bhatt
New York, Dec 16 (THAINDIAN NEWS) Shoppers are currently using their debit cards instead of their credit cards when they go out shopping.Debit cards' popularity has soared over the years. In 2009 ... Read more...
Posted in Business |
