US-Economy - Latest News on US-Economy | Read Breaking News on Zee News

US unemployment falls to 5.1%, lowest since April 2008

Last Updated: Friday, September 4, 2015, 19:03

The US economy generated a lower-than-expected 173,000 new jobs in August, the government reported Friday, but upward revisions to previous months` data sweetened the picture for hiring across the country.

US economy continues to expand: Fed survey

Last Updated: Thursday, September 3, 2015, 19:22

The US economic activities continued to expand across most surveyed regions and sectors during the period from July to mid-August, according to a survey by the Federal Reserve.

Wall Street surges for second day as China fears fade

Last Updated: Friday, August 28, 2015, 01:37

Wall Street rallied on Thursday as investors grew optimistic that the worst of recent market turmoil was over after strong U.S. economic data and hints that a September interest-rate hike was unlikely.

US economy grew 3.7% in second quarter

Last Updated: Thursday, August 27, 2015, 18:31

The revised number for gross domestic product was initially reported at 2.3 percent.

Dollar slips vs euro, yen after US jobs report

Last Updated: Saturday, August 8, 2015, 06:06

The dollar fell against the euro and the yen Friday, despite a solid US jobs report that raised expectations that the Federal Reserve will soon lift interest rates.

US stocks fall as jobs report lifts talk of rate hike

Last Updated: Saturday, August 8, 2015, 02:54

Wall Street stocks dropped Friday after a solid US jobs report for July lifted expectations the Federal Reserve will soon raise interest rates.

US trade gap widens 7.1% to $43.8 billion in June

Last Updated: Wednesday, August 5, 2015, 19:57

The US trade deficit widened in June as the strong dollar encouraged imports and weighed on exports amid weaker growth in the global economy, official data released Wednesday showed.

US economy rebounds at mild pace in Q2

Last Updated: Friday, July 31, 2015, 11:19

The US economy expanded at an annual rate of 2.3 percent in the second quarter, a moderate bounce from the revised 0.6 percent increase in the first quarter.

US economy grew 2.3% in second quarter

Last Updated: Thursday, July 30, 2015, 18:51

The US economy picked up sharply in the second quarter, boosted by increased consumer spending and exports after a tepid first quarter, the Commerce Department reported Thursday.

Dollar picks up after Fed boosts view on economy

Last Updated: Thursday, July 30, 2015, 10:06

The dollar picked up Thursday after the Federal Reserve boosted its view of the US economy, with analysts saying it has left the door open for a possible interest rate hike as early as September.

US economy improving, says Fed; September rate hike in view

Last Updated: Thursday, July 30, 2015, 10:04

The US economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet in September.

Federal Reserve holds key US rate unchanged

Last Updated: Thursday, July 30, 2015, 00:12

The Federal Reserve kept its benchmark federal funds interest rate unchanged at near zero percent as expected Wednesday, providing no fresh hints on when a long-awaited rate rise might come.