Hurricanes to slow US economy but rebound should follow
Hurricanes Harvey and Irma will likely pack tough unpleasant effects for the U.S. economy as businesses have been disrupted, fuel and
Hurricanes Harvey, Irma damages could cost US economy $290 bn, AccuWeather says
Combined damages from Hurricanes Harvey and Irma could cost the U.S. economy as much as $290 billion, according to a new forecast.
U.S. jobless claims rise slightly as labour market tightens
The number of Americans filing for unemployment benefits rose less than expected last week, suggesting a further tightening in labour
Fed policymakers grow more worried about weak inflation
Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for halting interest rate hikes
China warns against ‘trade war’ with US
China warned Monday that nobody would win in a “trade war” with the United States as President Donald Trump prepared to
Why is the US dollar falling?
The US dollar, long a symbol of American economic might, has fallen steadily this year. The value of the dollar index, which tracks
US productivity rises 0.9% in Q2 as labour costs softened
U.S. worker productivity rose more than expected in the second quarter amid an increase in hours, but the trend remained weak,
Gap between rich & poor in US among highest of major industrial countries – report
Although the US is the richest country in the history of the world, its level of inequality is among the highest of major industrial
Germany a large investor, employer in US economy
A brewing diplomatic crisis between the United States and Germany has its roots in President Donald Trump’s frequent criticism