Author

 
Martin Crutsinger

Martin Crutsinger

    US central bank may react to market plunge
    US central bank may react to market plunge
    A plunging stock market and a stalled United States economy may force the Federal Reserve to use the dwindling number of tools it has left in an...
    Standard & Poor's downgrades US credit rating
    Standard & Poor's downgrades US credit rating
    The United States has lost its coveted top AAA credit rating.
    Geithner: Global recession losing force
    Geithner: Global recession losing force
    United States Treasury Secretary Timothy Geithner said on Monday that the global recession seemed to be losing force, but that it will be critical...
    US trade deficit declines slightly
    US trade deficit declines slightly
    The United States trade deficit declined slightly in July as record exports of farm goods, autos and other products offset a big jump in foreign...
    Bush defends economic record
    Bush defends economic record
    The Bush administration defended its economic record on Friday, following a report that showed the economy lost 4 000 jobs in August, the...
    Higher energy prices push up US consumer inflation
    Higher energy prices push up US consumer inflation
    Surging energy prices pushed consumer inflation in the United States up by the largest amount in nearly a year in March.
    US Fed leaves interest rates unchanged
    US Fed leaves interest rates unchanged
    The United States Federal Reserve kept interest rates unchanged on Tuesday for the fourth straight time as worries about inflation continued to...
    G8: Middle East violence overshadows agenda
    G8: Middle East violence overshadows agenda
    World leaders were concluding an annual economic summit on Monday in hopes that their statement blaming Middle East fighting on Hamas and Hezbollah...
    Critics upset with US stance on Chinese currency
    Critics upset with US stance on Chinese currency
    Critics complain the Bush administration once again dropped the ball by failing to cite China for a currency system they see as a prime culprit in...
    US Budget deficit hits record level
    US Budget deficit hits record level
    A record amount of spending in February pushed the United States government's Budget deficit to the highest level to date for a single month, the...
    US spending gets more colourful
    US spending gets more colourful
    Appropriate for the coming spring blossoms in the United States, the government is adding a little colour to American wallets. A newly redesigned...
    The colour of money
    The colour of money
    The color of United States currency is getting more varied. A newly designed $10 bill was unveiled on Wednesday featuring splashes of orange,...