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AMERICAN ECONOMY NEWS
Elon Musk's jobs warning at Tesla underscores gloomy economic outlook
June 03, 2022 3:43 pm
The email, titled "pause all hiring worldwide", was sent to Tesla executives on Thursday, and underscored an increasingly gloomy economic outlook for the globe, as prices soar and war in Ukraine passed its 100th day.
Fed's Powell vows to stop inflation from becoming 'entrenched'
January 11, 2022 10:01 pm
In opening testimony to the Senate Banking Committee, Powell said the economy's fast-paced recovery from the coronavirus pandemic was "giving rise to persistent supply and demand imbalances and bottlenecks, and thus to elevated inflation."
16.8M Americans out of work; Easter celebrations move online
April 10, 2020 1:19 pm
Meanwhile, religious leaders worldwide Thursday urged people to celebrate Good Friday and Easter from the safety of their homes.
While European Central Bank struggles, US Federal Reserve sees recovery
September 29, 2014 1:17 am
The risk of the euro zone sliding into deflation and deeper stagnation is adding to the drag on the global economy from a slowdown in China.
Minimum government, maximum risks
June 10, 2014 12:57 am
Tough decisions made by Modi in Year 1 will pay off handsomely in Year 5.
Shutdown debate moves to US Senate as debt deadline creeps up
October 13, 2013 6:40 pm
The Senate will hold a rare Sunday session to discuss how to reopen the shuttered government.
US shutdown enters 2nd day ; Obama slams Republicans for the economic crisis
October 02, 2013 11:17 am
Obama slammed the Republicans for being "reckless" in their willingness to take down the govt.
Jobs gap between US rich,poor widest in decade
September 16, 2013 2:59 pm
Rates of unemployment for lowest-income families nearly matches the rate for all workers during 1930s Great Depression.
US spy chief calls cyber attacks top threat
March 13, 2013 1:13 am
The nations top intelligence official warned Congress on Tuesday that a cyberattack could cripple Americas infrastructure and economy
Eurozone crisis creates a headwind: US
June 06, 2012 1:55 pm
Eurozone crisis creates headwind for global economy,and as such poses challenge to US economy.
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