Last Updated: Wednesday, August 31, 2011, 10:09
The US Federal Reserve said Tuesday that the pace of the country's economic recovery remained slow in recent months, and the labour market conditions continued to be weak.
Last Updated: Thursday, August 4, 2011, 10:04
US debt has shot up USD 238 billion to reach 100 percent of gross domestic project after the government's debt ceiling was lifted, Treasury figures showed.
Last Updated: Friday, July 29, 2011, 21:12
US stocks plunged Friday morning after a dismal report on economic growth added to traders' fears about the consequences of a stalemate over raising the country's borrowing limit.
Last Updated: Friday, July 29, 2011, 18:27
The US economy grew less than expected in the second quarter as consumer spending barely rose, and growth braked sharply in the prior quarter, a government report showed on Friday.
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