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Latest Articles in us economy
Gold Eases As Dollar Recovers, Equities Rise
A sidelined Fed between now and year-end should weaken the dollar, pushing gold to test July highs of $1,374 levels, with an outside chance of getting to $1,400, says an analyst
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ADB Trims 2016 Growth Forecast For Developing Asia On Weak Global Outlook
Developing Asia, which groups 45 countries in the Asia Pacific region, is now expected to expand 5.6 per cent this year, slightly weaker than a March forecast of 5.7 per cent
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Fed Survey Lays Bare US Economic Divide
A large swathe of Americans struggling with stagnant wages and fewer middle-class jobs have fuelled the presidential campaigns of Donald Trump and Bernie Sanders
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Globescan: Slow And Steady
Johnson & Johnson was ordered by a US jury to pay $55 million to a woman, who said that using the company’s talc-powder products for feminine hygiene caused her to develop ovarian cancer
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Gold Slips As Dollar Holds Firm After US Jobs Data
The US economy added the fewest number of jobs in seven months in April and Americans dropped out of the labour force
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Dovish Yellen, Softer Dollar Support Gold Near $1,240
Some analysts say gold could be subject to downside risks as focus now shifts to key US jobs data due this week
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Fed's Yellen Urges Caution Given Global Risks To US Economy
Yellen again pointed to threats to the world's biggest economy including low oil prices and concerns over China's economy
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Consumers Prop Up US Economy, But Corporate Profits Under Pressure
There was some bad news in the GDP report, with corporate profits falling for a second straight quarter as a strong dollar and cheap oil undercut the earnings of multinational and energy companies
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Yellen: Fed Not Likely To Reverse Course On Rates Despite Risks
'There is always a risk of a recession...and global financial developments could produce a slowing in the economy,' Fed Chair Janet Yellen says
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How Indonesian Fires Are Affecting Global Climate
The fires are expected to triple Indonesia’s annual greenhouse gas emissions, and increase global emissions for 2015 by 3 per cent
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Fed's Yellen Faces Battle In 2016 After Getting All Clear For December Hike
The Fed has appeared gun shy on tightening policy twice already this year, in June and September. Its key policy rate has been 0-0.25 per cent since the depths of the financial crisis in late 2008
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