Tom Price, an outspoken critic of Obamacare, has been confirmed as the next US Health and Human Services Secretary.
With the US election behind them, Americans headed to the malls for some retail therapy on Black Friday.
Fed Chair Janet Yellen says Donald Trump's election has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon".
Strong US retail sales in October indicate sustained economic strength, which could prompt the Federal Reserve to raise interest rates next month.
As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.
The US Federal Reserve's latest policy meeting is expected to keep interest rates unchanged but set the stage for a hike in December.
AT&T thinks its proposed mega-merger with media and entertainment group Time Warner can be tweeked so would not be blocked by competition regulators.
In Business Line we assess the debate in which the presidential candidates clashed over trade, taxes and how to remake the US economy.
Wall Street was lower on Monday, ahead of the first debate between Clinton and Trump, with investors concerned about how close the race is.
Janet Yellen, the head of the US central bank, has defended it against accusations from Republican presidential candidate Donald Trump saying: "The Federal Reserve is not politically compromised".
The US federal government has temporarily halted a controversial oil pipeline in North Dakota, moments after a judge approved the project.
US employment growth slowed more than expected in August to 151,000, probably ruling out an interest rate hike by the Federal Reserve this month.
New data show economic growth in the US was slightly more tepid than initially thought in the second quarter – offsetting a spurt in consumer spending.
Improvements in the labour market and expectations for solid economic growth have strengthened the case for a US interest rate hike.
Financial markets are focused on Federal Reserve chief Janet Yellen's speech on Friday at the annual central bankers gathering in Jackson Hole, Wyoming.
US employment rose by 255,000 in July, more than expected, and wages also picked up, bolstering expectations of an acceleration in economic growth.
A new report by the OECD claims that US income inequality continues to widen.
Money markets and investors world wide are waiting with bated breath for the UK’s decision next week on its future, in or out, of the European Union.
US employers created the fewest number of jobs in more than five years in May, just 38,000, making it difficult for the Federal Reserve to justify raising interest rates in the near future.
Minutes from the latest meeting of Federal Reserve's policymakers reveal they feel the US economy could be ready for an interest rate increase as early as June.
The US economy added the fewest number of jobs in seven months in April but it's not clear what effect that will have on the Federal Reserve's rate hike plans this year.
US economic growth was at its slowest pace in two years in the early part of this year as consumer spending softened and the stronger dollar reduced exports.
The US Federal Reserve kept interest rates unchanged on Wednesday (April 27). However it left the door open to a hike in June by signalling