The House of Representatives has passed an increase in the US government's debt limit, after the Republicans gave up on…
According to official figures, the US economy added 113,000 jobs in January, weaker than expected for a second consecutive month.…
Treasury Secretary Jack Lew has warned the US may default on its debt by the end of the month if…
The US jobless rate fell to a five-year low of 6.7% in December as companies created 74,000 new jobs, latest…
Global stock markets rallied after the US Federal Reserve's commitment to keep interest rates low offset its decision to taper…
The US Labor Department has announced the unemployment rate fell to a five-year low of 7% in November. Payroll figures…
According to the latest figures from the Labor Department, the US economy added a better-than-expected 204,000 jobs in October. There…
A federal jury has found Bank of America's Countrywide Financial unit liable for defrauding two US government-backed mortgage companies. Countrywide,…
According to latest official figures, the US economy added 148,000 jobs in September, lower than analysts had predicted. The unemployment…
The US government is to reopen after Congress has passed a bill to raise the federal debt limit, with hours…
Democrat and Republican leaders of the Senate have struck a cross-party deal to end a partial government shutdown and raise…
JP Morgan will pay $100 million to settle with the US Commodities Futures Trading Commission over losses stemming from its…
World Bank’s President Jim Yong Kim has warned that the US is just "days away from a very dangerous moment"…
The US shutdown negotiations have been shifted to the Senate. The Democratic and Republican leaders in the Senate held direct…
Asian markets have risen on hopes the US will reach a deal on raising its debt ceiling, tracking overnight gains…
Republicans in the House of Representatives have met President Barack Obama amid renewed efforts to avert a looming debt crisis.…
President Barack Obama has announced he is willing to hold budget talks with Republicans, but not until they agree to…
Chinese Vice Finance Minister Zhu Guangyao has warned that the "clock is ticking" to avoid a US default that could…