Last Updated: Tuesday, August 25, 2015, 09:25
The White House has urged China which is facing one of the worst financial crises in decades - to continue to pursue financial reform and move rapidly toward a more "market-determined" exchange rate system.
Last Updated: Monday, July 20, 2015, 21:12
The International Monetary Fund named Maurice Obstfeld, one of US President Barack Obama`s top economic advisers, as its new chief economist on Monday.
Last Updated: Tuesday, July 7, 2015, 06:41
The White House urged Greece and EU leaders Monday to find a compromise to keep the cash-strapped country in the eurozone, after Greeks voted resoundingly to reject an austerity-based bailout.
Last Updated: Saturday, April 25, 2015, 06:11
US and Japanese negotiators have made "substantial progress" toward a deal on a major Pacific free-trade pact but President Barack Obama and Prime Minister Shinzo Abe are not expected to announce a final accord during Abe`s Washington visit next week, the White House said on Friday.
Last Updated: Saturday, April 11, 2015, 22:24
President Barack Obama and his wife, Michelle, paid more than USD 93,000 in federal taxes last year on an adjusted gross income of more than USD 477,000.
Last Updated: Saturday, April 11, 2015, 09:18
President Barack Obama and his wife Michelle earned a gross income of $477,383 in 2014, according to the couple`s tax returns, released by the White House on Friday.
Last Updated: Friday, February 27, 2015, 17:42
US exports registered a record $2.35 trillion last year, with Texas, California, Washington and Illinois the major exporting states, the White House announced.
Last Updated: Friday, February 6, 2015, 04:49
The White House is working with a Republican congressman on the U.S. House of Representatives` leadership team and Democrats in both the House and Senate on a bill to protect data collected from students through educational apps.
Last Updated: Sunday, February 1, 2015, 21:04
President Barack Obama`s fiscal 2016 budget would impose a one-time 14 percent tax on some $2 trillion of accumulated US corporate profits earned abroad and set up a 19 percent tax on future foreign earnings, a White House official said on Sunday.
Last Updated: Friday, December 19, 2014, 16:24
The year 2014 has been a milestone for the US economy with the average growth of 4.2 percent in the last two quarters and addition of 2.65 million jobs till November, the White House has said.
Last Updated: Wednesday, December 17, 2014, 15:10
A reduction in the global oil prices is net positive for the US economy, the White House has said, pointing out that for the first time in 2014 America is now exceeding both Saudi Arabia and Russia in oil production.
Last Updated: Saturday, February 1, 2014, 11:56
The White House is going to respond to the petition that calls for Justin Bieber`s deportation.
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