Search For "us economy"
Adding to economic fallout post Covid, American businesses say they won't
Updated : 5 years, 9 months ago IST
Washington D.C. [USA], June 5 (ANI): In another major blow to the US economy, which has already been grappling with the economic fallout of virus crisis, American businesses have said the financial devastation from the shutdown has left them unable to pay their retail rents for months.
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Majority of Americans in favour of controlling pandemic outbreak rather th
Updated : 5 years, 9 months ago IST
Washington D.C. [USA], June 2 (ANI): Despite the coronavirus ripping through US economy and upending everything- from junk bonds to prices for orange juice- a majority of Americans are still in favour of controlling the pandemic outbreak first, rather than restarting economy, a survey found.
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US Fed chief says economic slump could stretch through end of 2021
Updated : 5 years, 10 months ago IST
Washington D.C. [USA], May 18 (ANI): Federal Reserve Chairman Jerome H. Powell said on Sunday that the US economy will recover from the damage inflicted by the coronavirus pandemic but the process could stretch through end of next year.
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US economy seems to recover as people head back to shops, restaurants
Updated : 5 years, 10 months ago IST
Washington DC [USA], May 18 (ANI): The US economy, which hit the bottom due to the damage wrought by the coronavirus, showed the first stirrings of recovery as Americans headed back to shops and restaurants over the weekend, trying to recapture routines, the outbreak had forced them to aband
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US retail sales plunge to record 16.4 per cent in April
Updated : 5 years, 10 months ago IST
Washington DC [USA], May 16 (ANI): United States retail sales plummeted by 16.4 per cent in the month April, the steepest decline on record and a reflection of the impact of the coronavirus pandemic on the American economy.
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US economy to plunge by 30 pc due to Covid-19 crisis
Updated : 5 years, 10 months ago IST
Washington [USA], April 30 (ANI): The US economy is going to crash by an unprecedented 30 per cent in the second quarter (April to June) as Americans have been forced to shutter down their business and stay home to stem the spread of coronavirus, the Washington Post reported citing high-l
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Equity indices jump 3 pc ahead of RBI Governor's address
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Equity benchmark indices jumped over 3 per cent during early hours on Friday in line with firm global cues and ahead of Reserve Bank of India (RBI) Governor Shaktikanta Das' address to the media.
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Trump says he faces 'biggest decision of life' over when to reopen US econ
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 11 (ANI): President Donald Trump said on Friday (local time) that choosing when to reopen the US economy amid the coronavirus outbreak would be "the biggest decision I have ever had to make."
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Morgan Stanley, Goldman Sachs say global recession is here
Updated : 5 years, 12 months ago IST
New York [USA], Mar 18 (ANI): Economists from Morgan Stanley and Goldman Sachs now believe that novel coronavirus (COVID-19) is pushing the global economy into recession.
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US economy 'maybe' headed towards recession, says Trump amid COVID-19 cris
Updated : 5 years, 12 months ago IST
Washington DC [US], Mar 17 (ANI): US President Donald Trump on Monday (local time) said that the country's economy "maybe" heading towards recession, even as the worldwide cases of the deadly coronavirus, which originated in China last year, continued to surge.
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Federal Reserve cuts interest rates to near zero to support US economy ami
Updated : 2 years, 4 months ago IST
Washington DC [USA], Mar 16 (ANI): The US Federal Reserve has announced it would cut its target interest rate to near zero as part of the emergency action to support the US economy from the impact of the coronavirus pandemic.
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Wall St. Execs promise Trump to help consumers as economy weakens due to c
Updated : 6 years ago IST
Washington D.C. [USA], Mar 12 (ANI): In a meeting with Donald Trump overtaking immediate steps to curb the further spread of coronavirus in the United States, Wall Street executives on Wednesday (local time) promised the President to help consumers as the American economy continues to weaken
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