U.S. economy

For Biden, how to help mangled economy is next obstacle

For Biden, how to help mangled economy is next obstacle

Joe Biden will inherit a mangled US economy - one that never fully healed from the coronavirus and could suffer again as new infections a...Read More

COVID-19 effect: US economy plunged an annualised 31.7% in second quarter

COVID-19 effect: US economy plunged an annualised 31.7% in second quarter

The US economy shrank at an alarming annual rate of 31.7 per cent during the April-June quarter as it struggled under the weight of the v...Read More

Teji Mandi: Three things investors should know on August 13th, 2020

Teji Mandi: Three things investors should know on August 13th, 2020

Key trends to know ahead of the market openingIn Tiktok's absence, Facebook launches Reels: #Teji for FacebookFacebook announced Instagra...Read More

US economy shrinks at record-breaking 33% rate

US economy shrinks at record-breaking 33% rate

The job market, the most important pillar of the economy, has been severely damaged. Tens of millions of jobs vanished in the recession. ...Read More

'Much better days' ahead as 35 US states release formal reopening plans: Donald Trump

'Much better days' ahead as 35 US states release formal reopening plans: Donald Trump

As many as 35 of the 50 American states affected by the coronavirus pandemic have unveiled formal reopening plans, as President Donald Tr...Read More

US economy to hit a new low in Apr-Jun, not time for fiscal concerns: Fed Reserve

US economy to hit a new low in Apr-Jun, not time for fiscal concerns: Fed Reserve

Federal Reserve Chair Jerome Powell has warned that the US economy is going to hit a new low in Apr-Jun and it was "not the time to act o...Read More

COVID-19: US economy shrinks by 4.8% in first quarter

COVID-19: US economy shrinks by 4.8% in first quarter

The decline in the first quarter GDP was, in part, due to the response to the spread of the COVID-19, as governments issued "stay-at-home...Read More

Fed says U.S. economy contracts sharply across all regions due to COVID-19 pandemic

Fed says U.S. economy contracts sharply across all regions due to COVID-19 pandemic

The Fed survey showed that economic activity contracted and employment declined in all districts in the United States due to the COVID-19...Read More

'Rolling Re-entry' of US economy possible in May after Covid-19 restrictions lifted:  Anthony Fauci

'Rolling Re-entry' of US economy possible in May after Covid-19 restrictions lifted: Anthony Fauci

New cases of the coronavirus are certain to arise when restrictions imposed to limit the spread of the virus are eased, said Anthony Fauc...Read More

Goldman Sachs cuts India's growth outlook to multi-decade low of 1.6% v/s 3.3%

Goldman Sachs cuts India's growth outlook to multi-decade low of 1.6% v/s 3.3%

Goldman Sachs has downgraded its growth forecast for the global economy to (-)1.8% in 2020, while the US economy is seen contracting 6.2%.

Coronavirus outbreak: US economy upside-down with rents due, wallets empty

Coronavirus outbreak: US economy upside-down with rents due, wallets empty

Many of those renters are without jobs - nearly 3.3 million people in the U.S. filed for unemployment the week of March 16, about five ti...Read More

US Senate, White House approves USD 2 trillion stimulus package

US Senate, White House approves USD 2 trillion stimulus package

The Senate and White House have reached agreement on a USD 2 trillion stimulus package for the US economy and millions of Americans ravag...Read More

Coronavirus update: U.S. economy "may be" heading toward recession due to lingering virus

Coronavirus update: U.S. economy "may be" heading toward recession due to lingering virus

"Well, it may be," Trump said in a press conference at the White House while responding to a question about whether the country's economy...Read More

China shutdowns to hit US economy: White House

China shutdowns to hit US economy: White House

With the death toll worldwide reaching 2,600, the official cautioned that other illnesses such as influenza are responsible for far more ...Read More

Shadow of US-China spat on global economy

Shadow of US-China spat on global economy

President Trump is creating uncertainty for the global economy. And it seems hard to stop him. His reckless behavior not only hurts the U...Read More

Reversing the slowdown

Reversing the slowdown

Global growth is slowing down. For the current calendar year estimates of global growth have been cut by 20 basis points to 3.3 per cent....Read More

Don’t fear fiscal deficit

Don’t fear fiscal deficit

Finance Minister Piyush Goyal has claimed with some justification that the NDA Government has been successful in keeping the fiscal defic...Read More

RBI policy meeting: Rate hike is imminent

RBI policy meeting: Rate hike is imminent

Basically, the US economy in June 2018 quarter has shown substantial improvement. Their Dow & NASDAQ have also reached their highs. U...Read More

Rupee free fall continues

Rupee free fall continues

Mumbai: The rupee on Thursday crashed to a historic low of 73.81 to the dollar due to the twin-impact of capital outflows triggered by su...Read More

US economic growth hits fastest rate since 2014, Donald Trump rejoices

US economic growth hits fastest rate since 2014, Donald Trump rejoices

Washington: The US economy grew at a 4.1 per cent rate, the strongest pace in nearly four years during the second quarter, powered by a r...Read More

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