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American economy

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Business

US second quarter growth sluggish, as consumer spending surges

New data shows economic growth in the US was slightly more tepid than initially thought in the second quarter – offsetting a spurt in consumer spending.

New data shows economic growth in the US was slightly more tepid than initially thought in the second quarter – offsetting a spurt in consumer spending.

Business

Strong June jobs numbers indicate US economy is strengthening

US employment rose by 255,000 in July, more than expected, and wages also picked up, bolstering expectations of an acceleration in economic growth.

US employment rose by 255,000 in July, more than expected, and wages also picked up, bolstering expectations of an acceleration in economic growth.

Business

US economy grows less than expected in Q2

The US economy grew far less than forecast in the second quarter even though there was a surge in consumer spending.

The US economy grew far less than forecast in the second quarter even though there was a surge in consumer spending.

Business

US jobs jump in June

US payrolls increased by 287,000 in June as manufacturers and retailers boosted hiring, confirming the economy has regained speed.

US payrolls increased by 287,000 in June as manufacturers and retailers boosted hiring, confirming the economy has regained speed.

News

Brexit breeds caution among banks and money makers

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.

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.

Business

Fed due to call on interest rate hike

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

Business

Weak US jobs numbers mean interest rate rise still some way off

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.

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.

Business

US Q1 economic growth revised higher

US economic growth did slow in the first three months of this year, but not as sharply as initially thought.

US economic growth did slow in the first three months of this year, but not as sharply as initially thought.