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Latest Articles in us economy
US Economy Expands 2.9% In December Quarter
The increase in private inventory investment was led by manufacturing (mainly petroleum and coal products as well as chemicals) as well as mining, utilities, and construction industries
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US Economy Rebounds In Q3, Expands By 2.6%
The third quarter figures released on Thursday ended two straight quarterly decreases in output, which had raised concerns that the economy was in recession
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US Economy Contracts For Second Straight Quarter
The White House is vigorously pushing back against the recession chatter as it seeks to calm voters ahead of the Nov. 8 midterm elections that will decide whether President Joe Biden's Democratic Party retains control of the US Congress
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IMF Sees US Economy Narrowly Avoiding Recession In 2022 and 2023
The Fund, while acknowledging price pressures in America going beyond energy and food prices, suggested the Biden administration to roll back tariffs that have been placed on aluminium, steel and a range of Chinese goods over the past five years
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Indian Students Contributed $7.6 billion To US Economy Last Year
India remained the second largest source of international students, despite a 4.4 per cent decline to 193,124 students
Read MoreTrump instructs representatives to halt COVID-19 stimulus talks until after election
Trump instructs representatives to halt COVID-19 stimulus talks until after election
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Investors Bet On Testing, Treatments For Restart Of US Economy
The disease has infected more than 928,000 people and killed more than 52,000 in the United States alone
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Federal Reserve cuts interest rates to near zero to support US economy amid coronavirus pandemic impact
The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook.
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Sleeping Giant Awakens? Downside Risks For Euro Grow
The U.S. economy is outperforming its European counterpart while the impact of the coronavirus on the Chinese economy and consequently the German economy, Europe's powerhouse, has yet to show up in data.
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Trump, Greta And Unicorns - What To Watch For At Davos On Tuesday
Here's what to watch for, on the opening day of the World Economic Forum.
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Citigroup Sees $2 Billion More Revenue From Lending In 2019, Shares Rise
Chief Financial Officer John Gerspach pointed to growing revenue from its consumer banking business and a reduced government surcharge for deposit insurance, as drivers for net interest income this year
Read MoreRupee Slides 6 Paise Against US Dollar
Erasing its early gains on account of dollar demand from importers and banks, Rupee slipped 6 paise to 72.65 against US currency in late morning deals today
Read MoreUS And Chinese Economies To Face A Very Challenging 2019
There are ominous signs that the US And Chinese Economies are likely to face a challenging 2019 (and 2020) - to the detriment of the global economy (and in particular, posing significant downside risks for several emerging economies in Asia)
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Fed Raises Rates, Unveils Balance Sheet Cuts In Sign Of Confidence
The Federal Reserve raised interest rates for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signaling its confidence in a growing U.S. economy and strengthening job market
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Fed Set To Leave Interest Rates Unchanged, May Hint At June Hike
The US Federal Reserve is expected to hold interest rates steady at its meeting this week as it pauses to parse more economic data but may hint it is on track for an increase in June
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