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 |
Gas Prices Spike Further Damaging the Economy
December 7th, 2010 - 2:36 am ICT by Angela Kaye Mason
Dec 6 (THAINDIAN NEWS) With the price for a gallon of crude oil reaching almost ninety dollars a barrel, the price of gas per gallon in the United States is near $3 ... Read more...
Posted in Business |
China supportive of rebalancing global economy, says U.S. Treasury Secretary
November 9th, 2010 - 4:11 pm ICT by ANI
New Delhi, Nov 9 (ANI): U.S. Treasury Secretary Timothy Geithner has said that China is supportive of the G-20 framework for rebalancing the global economy.Speaking during a conference on 'India-U.S.: An Agenda ... Read more...
Posted in National |
Ben Bernanke Assures Skeptics About $600 Billion Fed Plan
November 7th, 2010 - 8:24 pm ICT by GD
By Meena Kar
Nov 7, (THAINDIAN NEWS) Chairman of US Federal Reserve, Ben Bernanke has assured the public and the skeptical fed officials that the new $600 billion package to boost the economy ... Read more...
Posted in Business |
Ben Bernanke defends the Fed’s decision to pump up the economy
November 7th, 2010 - 8:13 pm ICT by Aishwarya Bhatt
Jekyll Island, Nov 7 (THAINDIAN NEWS) Federal Reserve Chairman - Ben Bernanke has assured Americans that the Fed’s decision to pump extra hundreds of billions into the United State economy will not ... Read more...
Posted in Business |
US economy adds 151,000 jobs in October
November 6th, 2010 - 7:50 pm ICT by ANI
Washington, Nov.6 (ANI): The unemployment rate in the United States may not have fallen substantially in 2010, but a US Labor Department report has given President Barack Obama some cheer by ... Read more...
Posted in World |
The Fed Kicks Off Another Bond-Buying Spree
November 4th, 2010 - 7:47 pm ICT by Pen Men At Work
November 4, 2010 (Pen Men At Work): The Fed has kicked off yet another bond-buying spree, this time with the chief U.S. economist of Goldman Sachs, Jan Hatzius. The Federal Reserve started ... Read more...
Posted in Business |
Fed Bond Buying Spree Makes Headlines
November 4th, 2010 - 7:21 pm ICT by GD
By Ranjan Bhaduri
Nov 4, (THAINDIAN NEWS) The Federal reserve in its bid to boost the slow economic recovery is planning to purchase U.S. government bonds worth $600 billion in the next few ... Read more...
Posted in World News |
Sonia among top 10 powerful people in world
November 4th, 2010 - 4:04 pm ICT by IANS
Washington, Nov 4 (IANS) India's ruling Congress chief Sonia Gandhi is among the top 10 most powerful people in the world, according to the Forbes magazine.Sonia, who is ahead of ... Read more...
Posted in Politics |
China’s GDP to grow nine percent in 2011
October 17th, 2010 - 8:49 pm ICT by IANS
Beijing, Oct 17 (IANS) China's GDP will grow by nine percent next year although rising labour costs will hit the economy, a media report said Sunday.Liu Shijin, deputy director of the ... Read more...
Posted in Business |
China’s GDP to grow at nine percent in 2011: Govt. Researchers
October 17th, 2010 - 2:02 pm ICT by ANI
Beijing, Oct 17 (ANI): Government researchers in China feel that the country's Gross Domestic Product (GDP) will grow about nine percent next year, but the economy will be confronted by rising labor ... Read more...
Posted in Business |