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First quarter growth for 2018 was up 2.2 percent rising to 4.1 percent for the second quarter
The European Commission is to strike back at the US' 'illegal' imposition of tariffs on European steel and aluminium by imposing €2.8 billion in duties on US products.
Inventory investments, exports and consumer spending were weaker than first reported. But the Commerce Department expects the months ahead to improve.
The economy increased at a solid 2.9 percent annual rate, a sharp upward revision that caps three straight quarters of healthy growth
Donald Trump's top economic adviser resigns amid speculation he's angry about plans to impose new import tariffs.
The US president said the duties were being put in place to safeguard US jobs.
U.S. jobs and wages make largest annual gain in more than eight and a half years.
India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, while China is predicted to overtake the US as number one by 2032
Even before Black Friday had dawned, US shoppers had already begun splurging - spending some one and a half billion dollars by Thanksgiving evening.
Will presidents Trump and Putin meet? That was one of the big questions as world leaders gathered for the APEC summit in Vietnam.
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The 64-year-old lawyer and former investment banker is currently governor of the US central bank.
UK Defence Minister warns Boeing its contracts with the British government could be at risk.
The 9th of August 2007 probably means little to most people, but for the financial world it is a day etched on the memory.
Generally considered to
Lowering taxes to "incentivise investors" and "free-up" the economy has never worked in the US. Here's why...
Both the US and the UK are to have a slower economic growth than previously predicted according to the International Monetary Fund.
Twenty business leaders from China and the United States have met to set up an annual dialogue about the economic challenges ahead.
An exploration of the practical problems the Paris Climate Agreement poses and why Trump might have been right to pull out after all.
Global markets are watching closely as the US Federal Reserve meets on Tuesday and Wednesday, amid widespread speculation that it’s to raise its
Worries about political turmoil in the United States led investors to sell shares on Wednesday. The dollar also lost value against other currencies.
There was a sharp rebound in job growth in the United States in April as employers hired 211,000 new workers.The unemployment rate slid to 4.4%.
Economists do not expect the Federal Reserve to raise the benchmark interest rate on Wednesday at the end of its two-day policy meeting.
Donald Trump said last week that no administration has accomplished more in the first 90 days of a US presidency.
Weak consumer spending caused the US economy to grow at a just 0.7 percent annual rate between January and March - its weakest pace in three years.
President Trump says he wants to unveil a tax reform plan as early as Wednesday but there's speculation it will just be tax cuts without details.
After a strategy meeting with major US companies CEOs President Donald Trump said he is working to reduce regulations and revamp the Dodd-Frank law.
More positive news for the US economy with March proving to be a bumper month for jobs.