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American economy

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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.

Business

Fed: June US interest rate rise could be 'appropriate'

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.

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.

Business

US jobs gains hit seven month low in April

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.

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.

Business

US economic growth brakes sharply in Q1

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.

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.

Business

US Federal Reserve keeps interest rates unchanged

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

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