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Economy

US retail sales up in December, but consumers remain pessimistic

People in the US stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signalling that people remain confident enough to keep spending freely.

Economy

US jobless claims shows resilience for the world's biggest economy

Latest US jobless claims and GDP data shows world's largest economy is still expanding.

Markets

US prices rise as inflation data dampens rate cut expectations

The US's anticipated inflation figures strongly influence trends, especially one day before the Federal Reserve announces its latest monetary policy decision.

Economy

US economy grows by almost 5% in third quarter

The US economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace.

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Business

US central bank raises interest rate to highest level in 15 years

"We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2%", said Federal Reserve chariman Jerome Powell.

Travel News

Europe is a ‘bargain’ for US holiday homebuyers right now. Here's why

As the Euro plummets in value, some American home buyers are taking advantage of their increased spending power.

USA

Biden: US economy 'on the right track' despite recession fears

US president Joe Biden has said his country is "on the right track", despite its economy shrinking for the second quarter in a row.

Tech News

'Every organisation is evolving': How the corporate world is changing

We speak with Sony's Tiffany Warren about what it was like climbing to the top of corporate American as a woman of colour.

USA

US Congress approves Biden's $1.9 trillion COVID relief bill

The White House described it as a "historic legislative package that will turn the page on this pandemic, deliver direct relief to Americans, and jumpstart our economy."

USA

US job growth likely rose in February in rebound from slump

The Congressional Budget Office projects that the nation will add a substantial 6.2 million jobs this year, though that wouldn't be nearly enough to restore employment to pre-pandemic levels.

China

China to replace US as 'world's biggest economy by 2028' due to COVID

"We now think that the Chinese economy in dollar terms will overtake the US economy in 2028, a full 5 years earlier than we thought last year," the annual report from the Centre for Economics and Business Research has found.

Economy

The US sees the eurozone as the economy most likely to fold. It should look closer to home ǀ View

America is far from the perfectly functioning currency area so beloved by its European devotees. Rather, the US model of limited government at state level has exposed the fragile nature of the American dream.

Economy

Aid packages help minimise impact of virus on world econonomies

The effect of the Coronavirus on the economy is being felt across the globe. Aid packages are being introduced by countries in the hope these might help people who are unable to work and potentially in financial difficulties. The UK has pledged 330 Billion pounds and the US 1 Trillion dollars.

USA

Euroviews. Anti-immigrant policies are bad for America. Trump's chief of staff admitted it ǀ View

This administration curtailed legal immigration in addition to its efforts against undocumented people. Now it bemoans that people don't want to move here.

USA

Euroviews. Flying Basic Economy will make anyone want to overthrow capitalism ǀ View

We can either fight over the armrest, or fight the corporations for some basic respect.

USA

US-China trade talks will continue, but so will the tariffs

Trump tweets that tariffs on China may or may not be removed, depending on what happens with respect to future negotiations.

USA

Euroviews. US-China trade war: Could Silicon Valley's dominance soon end? | View

The current trade war between the U.S. and China will, like all such disputes, produce no winners.

Economy

Which are the most competitive countries in the world?

Six Europeans countries figure in the top 10 most competitive nations globally, according to the World Economic Forum.

Business

US economy grows at fastest rate in four years

First quarter growth for 2018 was up 2.2 percent rising to 4.1 percent for the second quarter

Economy

US-EU Trade tussle intensifies

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.