Now playing Next Economy 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. 26/08/2016
Now playing Next Economy Case for US interest rate hike strengthens, says Fed's Yellen Improvements in the labour market and expectations for solid economic growth have strengthened the case for a US interest rate hike. 26/08/2016
Now playing Next Economy Investors await Federal Reserve Chair Janet Yellen's interest rate thoughts Financial markets are focused on Federal Reserve chief Janet Yellen's speech on Friday at the annual central bankers gathering in Jackson Hole, Wyoming. 25/08/2016
Now playing Next Economy 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. 05/08/2016
Now playing Next Economy 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. 29/07/2016
Now playing Next Economy 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. 08/07/2016
Now playing Next Economy Women and minorities worse off as US wage gap widens A new report by the OECD claims that US income inequality continues to widen. 17/06/2016
Now playing Next USA 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. 16/06/2016
Now playing Next Economy 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. 15/06/2016
Now playing Next Economy 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. 03/06/2016
Now playing Next Economy 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. 27/05/2016
Now playing Next Economy 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. 19/05/2016
Now playing Next Economy 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. 06/05/2016
Now playing Next Economy 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. 28/04/2016
Now playing Next USA 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 27/04/2016
Now playing Next Economy 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. 26/04/2016
Now playing Next Economy Fed mulls interest rate future amid weaker US retail sales Federal Reserve policymakers are meeting and considering what to do about US interest rates amid weaker retail sales. 15/03/2016
Now playing Next Economy 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 26/02/2016
Now playing Next USA 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 08/02/2016
Now playing Next Economy 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. 29/01/2016