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

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

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

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

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

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

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

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

Economy

US central bank in wait-and-see mode amid market turbulence

The Federal Reserve has left interest rates unchanged and will "closely monitoring" global economic and financial developments.

27/01/2016

USA

Democrats reflect as Republicans criticise Obama's final State of the Union

The US has been digesting the seventh and final State of the Union Address by President Barack Obama.

13/01/2016

Economy

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

08/01/2016

Business Series

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

15/12/2015

Economy

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

04/12/2015

Economy

Federal Reserve Yellen 'looking forward' to interest rate hike

The Federal Reserve Chair Janet Yellen has said she’s “looking forward” to normalising economic policy – code for a hike in US interest rates – to

02/12/2015

USA

Black Friday in America: crowds in stores thin, but big at computers

27/11/2015

Economy

Pfizer secures Allergan takeover deal to create new drugs giant

A potent mix of Viagra and Botox is on the cards: their makers have agreed the healthcare sector’s biggest ever takeover deal. The transaction to

23/11/2015

Economy

US jobless down to 5 percent as 271,000 jobs created in October

More than a quarter of a million new jobs were created in the American economy in October – a strong performance that makes an interest rate rise

06/11/2015

Economy

US posts weak GDP data but consumer spending healthy

US economic growth braked sharply in the third quarter as businesses cut back on stocking already full warehouses. GDP increased at an annual rate of

29/10/2015

Economy

US jobs growth stumbles, fueling economy fears

American employers shied away from hiring over the past two months and wages fell in September. What one analyst describes as “a pig of a report”

02/10/2015

Economy

US growth revised up in second quarter

The US economy expanded more than previously estimated in the second quarter – the second time in a row that has happened. GDP rose at an annual

25/09/2015