us economy

US Inflation Rate Tops Forecasts for a Second Month

The US inflation rate picked up in February, as prices for petrol and housing pushed higher. According to the Labor…

8 months ago

CBO: US Economy Could Take 10 Years to Catch Up After Coronavirus Pandemic

The US economy will be affected by the coronavirus pandemic for almost a decade, according to projections by the Congressional…

4 years ago

Coronavirus: 33.3 Million Americans Filed Unemployment Claims in Last Six Weeks

The number of US unemployment claims has hit 33.3 million since mid-March amid coronavirus lockdown, about 20% of the US…

5 years ago

Coronavirus: President Trump Unveils “Opening Up America Again” Guidelines

President Donald Trump has given governors guidance on reopening state economies in the coming months as the new coronavirus continues…

5 years ago

Fed Increases Key Interest Rate by 0.25% In Spite of Warnings from President Trump

The Federal Reserve has raised interest rates again despite President Donald Trump’s opposition. The Fed's key interest rate has been…

6 years ago

US Economy Stronger than Expected in Q3 of 2017

The US economy expanded at an annual pace of 3% in Q3 of 2017, which was stronger than expected. The…

7 years ago

IMF Cuts US Economy Growth Forecasts

The IMF has cuts its growth forecasts for the US economy due to uncertainty about White House policies. The organization…

7 years ago

US Economy Adds 211,000 Jobs in April 2017

US jobs growth was bigger than expected in April as businesses added 211,000 posts. According to the US Department of…

8 years ago

US Economy Slows Dramatically in Q1 2017

According to official data, the US economy slowed dramatically in the first quarter of 2017. GDP expanded at an annual…

8 years ago

US Economy Added 227,000 Jobs in January 2017

US economy added 227,000 jobs in January 2017, which is way above economists' forecasts of about 175,000. According to the…

8 years ago

Federal Reserve Remains Positive on Economy and Leaves Interest Rates Unchanged

The Federal Reserve remained positive on the economy, as it kept interest rates on hold in its first meeting since…

8 years ago

US Economy Slows to a Pace of 0.5% in Q1 2016

According to new figures, the US economic growth slowed to an annual pace of 0.5% in Q1 of 2016. That…

9 years ago

US Economy Adds 215,000 Jobs in March 2016

According to the latest figures released by the Labor Department, the US economy has created 215,000 jobs in March 2016,…

9 years ago

US Economy Grew 1.4% in Q4 2015

According to official figures, the US economy grew at an annualized rate of 1.4% in Q4 of 2015. The US…

9 years ago

US Economic Growth Revised Upwards for Q4 2015

The US growth rate has been revised upwards for Q4 of 2015, according to the latest official figures. The economy…

9 years ago

Janet Yellen: US Financial Conditions Become Less Supportive of Growth

The head of the Federal Reserve, Janet Yellen, has warned financial conditions in the US had become "less supportive" of…

9 years ago

US Jobs Report: Economy Adds 151K Jobs in January 2016

According to the new data from the Bureau of Labor Statistics, the US economy added 151,000 jobs in January 2016.…

9 years ago

US Economy Slows in Q4 2015

The US economy slowed sharply in Q4 of 2015, growing with an annualized rate of 0.7% comparing with the same…

9 years ago

US Economy Gains 211,000 Jobs in November 2015

US economy added 211,000 jobs in November 2015, slightly above expectations. According to the Bureau of Labor Statistics data, the…

9 years ago

Wall Street: US Stocks Close Lower After Weak GDP Figures

Wall Street closed slightly lower on Thursday, October 29, after official figures showed a sharp slowdown in economic growth. The…

9 years ago

US Economy Slows in Q3 2015

US economic growth slowed sharply in Q3 of 2015. According to the Department of Commerce, the US gross domestic product…

9 years ago

US Retail Sales Rise 0.1% in September 2015

According to the United States Department of Commerce figures, US retail sales grew by only 0.1% in September 2015. Economists…

9 years ago

US Economy Adds 142,000 Jobs in September 2015

According to the Labor Department figures, the US economy added only 142,000 jobs in September 2015, lowering the chance of…

9 years ago

US Economic Growth Revised up in Q2 2015

According to revised official figures, the US economy expanded more than previously estimated in Q2 2015. The US Commerce Department…

9 years ago

US Employers Add 173,000 Jobs in August 2015

The Department of Labor has reported on September 4 that the US economy added 173,000 jobs in August. This is…

9 years ago