Journalism of Courage
US economic growth
US ECONOMIC GROWTH NEWS
Moderate US economic growth expected in second quarter
July 27, 2023 10:14 am
The US economy likely maintained a moderate pace of growth in the second quarter as labor market resilience underpinned consumer spending, while businesses boosted investment in equipment and built more factories, potentially keeping a much-feared recession at bay.
US, EU slowdown to cripple 20% of small businesses: Crisil report
June 26, 2023 5:01 pm
According to a Crisil analysis, one in five MSMEs will also see stretched working capital. The US and EU markets account for a third of the country's overall exports.
Big US recession unlikely, says Standard Chartered CEO Bill Winters
May 08, 2023 4:16 pm
Central banks need "to make sure that solvent banks - otherwise healthy banks - have access to liquidity," Standard Chartered CEO Bill Winters said adding that the US Federal Reserve did not do a good job "in the eye in the storm".
US consumer prices rise moderately; underlying inflation too hot
April 13, 2023 11:55 am
US consumer prices barely rose in March as the cost of gasoline declined, but stubbornly high rents kept underlying inflation pressures simmering, likely ensuring that the Federal Reserve will raise interest rates again next month.
Conservatives slam Grand Old Party proposal to automatically raise taxes
November 30, 2017 9:51 am
The overall package is a blend of generous tax cuts for businesses and more modest tax cuts for families and individuals. It would mark the first time in 31 years that Congress has overhauled the tax code, making it the biggest legislative achievement of President Donald Trump's first year in office.
US has best economic growth prospects: Obama
February 08, 2015 2:03 am
“If we do that, the economy is going to be stronger, businesses are going to do better,” he said.
Fed officials felt taper may happen at next meetings
November 21, 2013 2:22 am
European Central Bank may do more to shore up the economic recovery.
US growth picks up in third quarter
November 08, 2013 3:04 am
Gross domestic product expanded at a 2.8 per cent annual rate.
Obama set to nominate Janet Yellen for top Fed job
October 10, 2013 2:09 am
US stock index futures rose and the dollar slipped on the news of Yellens pending nomination.
Sandy left $50 bn hole in US pocket
November 03, 2012 1:15 am
New estimate shows steep rise,$30-bn assets lost
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