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A plunging stock market may force the Federal Reserve to step in and keep America from sliding back into recession.
Credit rating agency Standard & Poor’s on Friday downgraded the US credit rating for the first time since 1917.
United States Treasury Secretary Timothy Geithner said on Monday that the global recession seemed to be losing force.
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 oil prices. The deficit with…
The Bush administration defended its economic record on Friday, following a report that showed the economy lost 4 000 jobs in August, the first job loss in four years. The…
Surging energy prices pushed consumer inflation in the United States up by the largest amount in nearly a year in March. Meanwhile, industrial output fell for the second time in…
The United States Federal Reserve kept interest rates unchanged on Tuesday for the fourth straight time as worries about inflation continued to trump concerns about the slowing…
World leaders were concluding an annual economic summit on Monday in hopes that their statement blaming Middle East fighting on Hamas and Hezbollah and recognising Israel’s right…
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 the loss of millions of United…
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 Treasury Department reported on…
Appropriate for the coming spring blossoms in the United States, the government is adding a little colour to American wallets. A newly redesigned bill is going into circulation.…
