US economic expansion turns sluggish in fourth quarter
The economic growth in the United States witnessed a slowdown in the fourth quarter of 2014 as the economy expanded sluggishly than previously thought after being restrained by a widening[…]
Tagged: US economy
US jobless claims jumps more than expected last week
The number of new applications by the Americans for claiming unemployment benefits increased more than expected last week, but the underlying trend continued to remain consistent with a strengthening labor[…]
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Company News & Financials · Consumer Goods & Biopharma Sector
US trade deficit at its highest level since 2012 in December, jumps 17.1%
The US trade deficit was recorded widening in December at its highest level since 2012 as a stronger dollar seemed sucking in all the imports, while weighing on exports, seeing[…]
US economy slows in fourth quarter, consumer spending zooms
The growth momentum of the United States was lost towards the end of 2014 as weak exports underscored the risks that the country’s economic recovery faces from drooping demand from[…]
Fed top official maintains possible interest rate hike by mid-year
At a time when the market is anticipating over the timing of potential rate hike by the US Federal Reserve, a top Fed official on Friday said that the central[…]
US jobless claims fall by 43,000 to nearly 15-year low
The number of new applications filed by the Americans for claiming their unemployment benefits dropped last week to its lowest level in about 15 years, signaling towards a bullish labor[…]
Federal Reserve to remain ‘patient’ over raising interest rates
The Federal Reserve Bank on Wednesday said that it would adopt a “patient” approach on taking its final decision on raising the interest rates, where they have been stuck since[…]
Home prices in 20 US cities rose 4.3% in Nov, S&P/Case-Shiller data shows
The single-family home price appreciation in the United States slowed to the weakest level in more than two years in the month of November as tight lending standards and lean[…]
US Federal Reserve opens crucial meet, market awaits rate hike decision
The US Federal Reserve commenced its first monetary policy meeting of the year on Tuesday to look at the pulse of the American economy and determine the right time for[…]
Market eyes set on US Federal Reserve over interest rate hike
After a big policy reform from the European Central Bank, all eyes will be set on US Federal Reserve Bank when it will meet on Tuesday to decide on possible[…]