Search For "us economy"
Consumers feeling less confident about US economy as prices keep rising
Updated : 3 years, 8 months ago IST
New York [US], June 28 (ANI/Xinhua): US consumer confidence continues to soar in the face of high gas and food prices and rising recession risks, CNN reported on Tuesday, citing new data released from The Conference Board.
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US producer prices up 11 pc in year to April, adds to inflation woes
Updated : 3 years, 10 months ago IST
Washington [US], May 12 (ANI/Sputnik): US producer prices, a measure of what retailers pay for goods at the wholesale level, rose 11 per cent in the year to April, the Labor Department said on Thursday in the latest data that showed little let-up in inflation pressure.
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US growth seen capped at 2.5 pc next 2 years as inflation runs 'too high':
Updated : 3 years, 11 months ago IST
Washington [US], March 29 (ANI/Sputnik): US economic growth is expected to be capped at 2.5 per cent over the next two years due to inflation, which is currently "running too high," Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday.
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US Federal Reserve approves first interest rate hike since COVID-19 outbre
Updated : 3 years, 12 months ago IST
Washington [US], March 17 (ANI/Sputnik): The Federal Reserve raised US interest rates on Wednesday for the first time since the 2020 outbreak of the coronavirus pandemic and said there could be another six hikes this year if inflation remains high.
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For West, China dangerous rival rather than favourite investment destinati
Updated : 4 years, 1 month ago IST
Beijing [China], February 1 (ANI): China once considered a favourite investment destination for countries in the West, has now turned into a dangerous rival, according to a report in the National Interest magazine.
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US economy loses 240 billion USD in 2021 due to microchip shortage: Report
Updated : 4 years, 1 month ago IST
Washington [US], January 29 (ANI/Sputnik): Shortage of microchips in production processes in the United States cost the American economy 240 billion USD last year, and electronics companies encountered the most significant impact, the US broadcaster CBS News reported, citing experts.
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Wall Street scores biggest week since June on strong US retail sales
Updated : 4 years, 5 months ago IST
New York [US], October 16 (ANI/Sputnik): Wall Street scored its biggest week since June as strong retail sales boosted the risk appetite of equity market investors, despite surging inflationary pressures on the US economy.
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World economy depends on US; Russia interested in absence of leaps: Putin
Updated : 4 years, 5 months ago IST
Moscow [Russia], October 14 (ANI/Sputnik): The entire world economy depends on the condition of the US economy, Russia is interested in the absence of leaps there, Russian President Vladimir Putin said.
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Biden says US economy to see fastest growth in 40 yrs in coming months
Updated : 4 years, 10 months ago IST
Washington [US], May 11 (ANI/Sputnik): The US economy will likely see its fastest growth in four decades in the months to come, though the rate of expansion might not be smooth throughout, President Joe Biden said on Monday.
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US economy will recover but Covid-19 bruises will last several years: Mood
Updated : 4 years, 11 months ago IST
New York [USA], March 30 (ANI): Moody's Investors Service expects US economic activity as measured by GDP to return to its pre-coronavirus path by the end of 2021, but an elevated unemployment rate and a lagging recovery in the hardest hit sectors will leave visible bruises.
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Dow Jones rises 4pc after week of record highs
Updated : 5 years ago IST
New York [US], March 13 (ANI/Sputnik): The Dow Jones Industrial Average on Friday posted its biggest weekly gain since November after the broad Wall Street indicator hit a streak of record highs through the week on confidence over an economy seen recovering rapidly from the coronavirus-impos
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Paris accord was made to kill US economy: Trump
Updated : 5 years, 3 months ago IST
Washington [US], November 22 (ANI): United States President Donald Trump on Sunday said that the Paris Accord was made to "kill the economy" of the US.
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