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Business

Clinton vs Trump - Round One

In Business Line we assess the debate in which the presidential candidates clashed over trade, taxes and how to remake the US economy.

In Business Line we assess the debate in which the presidential candidates clashed over trade, taxes and how to remake the US economy.

Business

Close race for the White House spooks financial markets

Wall Street was lower on Monday, ahead of the first debate between Clinton and Trump, with investors concerned about how close the race is.

Wall Street was lower on Monday, ahead of the first debate between Clinton and Trump, with investors concerned about how close the race is.

Business

Yellen defends Federal Reserve against Trump bias accusations

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".

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".

News

US federal government halts Dakota oil pipeline

The US federal government has temporarily halted a controversial oil pipeline in North Dakota, moments after a judge approved the project.

The US federal government has temporarily halted a controversial oil pipeline in North Dakota, moments after a judge approved the project.

Business

US job growth slows in August

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.

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.

Business

US second quarter growth sluggish, as consumer spending surges

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.

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.

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.

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

Business

No interest rate change expected from Federal Reserve policy meeting

Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.

Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.

Business

US GDP growth rate revised upward for Q4 2015

US economic growth did not slow as sharply as initially thought in the fourth quarter of 2015, which will be welcome news for the Federal Reserve as policymakers consider whether - and when - to raise

US economic growth did not slow as sharply as initially thought in the fourth quarter of 2015, which will be welcome news for the Federal Reserve as policymakers consider whether - and when - to raise

News

Marijuana in the US: business booming, attitudes changing

The marijuana business is booming in the US, with projected legal sales expected to be up more than a billion dollars in 2016 compared to 2015, when

The marijuana business is booming in the US, with projected legal sales expected to be up more than a billion dollars in 2016 compared to 2015, when

Business

US economy slows in Q4, GDP at 0.7% and 2.4% for all of 2015

US economic growth slowed final part of 2015 as consumers cut back and exports were hit by the strength of the dollar and weak demand worldwide.

US economic growth slowed final part of 2015 as consumers cut back and exports were hit by the strength of the dollar and weak demand worldwide.

Business

Rise in US jobs - unemployment holds steady

The first major piece of data on the US economic economic calender for 2016 has been released. In December non-farm payrolls grew 292,000 up from

The first major piece of data on the US economic economic calender for 2016 has been released. In December non-farm payrolls grew 292,000 up from

Business

Fear spreads across markets ahead of Fed rate decision

In this week’s Business Middle East we take a look at global markets’ performance ahead of the US interest rate decision. With the countdown underway

In this week’s Business Middle East we take a look at global markets’ performance ahead of the US interest rate decision. With the countdown underway

Business

Strong US job gains further fuel rate rise expectations

US job growth increased solidly in November – another sign that the economy is holding up – and for many another reason for the Federal Reserve to

US job growth increased solidly in November – another sign that the economy is holding up – and for many another reason for the Federal Reserve to