US economy

New York, Feb 11 (IANS) US stocks closed higher boosted by heavyweight technology shares.The Dow Jones Industrial Average increased 174.31 points, or 0.60 per cent, to 29,276.82 on Monday. The S&P 500 increased 24.38 points, or 0.73 per…

Washington, Jan 31 (IANS) The US economy expanded at a moderate 2.3 per cent clip in 2019, down from a 2.9 per cent growth rate the previous year and the slowest since President Donald Trump took office in 2017, the Commerce Department…

Washington, Dec 21 (IANS) The US economy remained strong despite the slowdown and showed an annual growth rate of 2.1 per cent in the third quarter of 2019, according to the latest government figures.This is the third and last official…

Washington, Aug 19 (IANS) US President has tried to reassure markets about the risk of the US falling into a recession by saying the economy was doing "tremendously well", the media reported on Monday. "I don't see a recession. The world…

San Francisco, Aug 16 (IANS) Apple has created 2.4 million jobs across all the 50 US states so far, four times the number of American jobs attributable to the company eight years ago.The Cupertino-headquartered company is on pace to…

By Taponeel Mukherjee The signalling at the Federal Reserve of the US meeting last week that no more interest rate hikes should be expected during 2019 has ramifications across the globe given the scale of the US economy and the importance…