Economy

Trump vows punitive tax for firms that move jobs overseas

U.

5 December 2016

Economy

US Q3 GDP growth beats estimates

Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December.

29 November 2016

USA

Trump chooses Obamacare critic as Health Secretary

Tom Price, an outspoken critic of Obamacare, has been confirmed as the next US Health and Human Services Secretary.

29 November 2016

USA

US shoppers put election behind them with retail therapy on Black Friday

With the US election behind them, Americans headed to the malls for some retail therapy on Black Friday.

25 November 2016

Economy

Federal Reserve head Janet Yellen hints at US interest rate hike in December

Fed Chair Janet Yellen says Donald Trump's election has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon".

17 November 2016

Economy

US retail sales boost interest rate hike probability

Strong US retail sales in October indicate sustained economic strength, which could prompt the Federal Reserve to raise interest rates next month.

15 November 2016

Economy

Federal Reserve keeps borrowing costs unchanged

As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.

2 November 2016

Economy

No US interest rate rise expected from Federal Reserve this month

The US Federal Reserve's latest policy meeting is expected to keep interest rates unchanged but set the stage for a hike in December.

1 November 2016

Economy

Exports boost US economic growth

The US economy grew at its fastest pace in two years in the third quarter - up 2.9 percent - helped by a surge in exports.

28 October 2016

Business Series

AT&T says Time-Warner merger doesn't raise competition issues

AT&T thinks its proposed mega-merger with media and entertainment group Time Warner can be tweeked so would not be blocked by competition regulators.

24 October 2016

Business Line

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.

28 September 2016

Markets

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.

26 September 2016

Economy

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".

22 September 2016

USA

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.

10 September 2016

Economy

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.

2 September 2016

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 August 2016

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 August 2016

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 August 2016

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.

5 August 2016

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 July 2016