Stock markets muted despite surging US economy

2019-04-26 21:45

News that US economic growth had smashed expectations in the first quarter of 2019 failed to galvanise markets on Friday, with analysts warning of an economic divergence between the United States and the rest of the world.

Powell and Trump met to discuss economic outlook, Fed says

2019-02-05 14:06

Federal Reserve Chairperson Jerome Powell met President Donald Trump at the White House for dinner Monday to discuss the economy’s performance and outlook, but the central bank said its chief did not share his expectations for monetary policy.

US payrolls rise, wages top estimates in jobs blowout

2019-01-04 15:55

US employers added the most workers in 10 months as wage gains accelerated and labour-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019.

Trump rips Fed as economy's only problem; Doesn't mention Powell

2018-12-24 19:50

President Donald Trump renewed his attacks on the Federal Reserve, commenting publicly on the central bank for the first time following last week’s interest-rate hike and reports he has discussed firing Chairman Jerome Powell.

Economists, Wall Street split on Fed signals

2018-11-30 07:48

Economists and investors have been scratching their heads this week over signals from the Federal Reserve, which left the future of US monetary policy open to broadly divergent interpretations.

Climate change could cost US 'hundreds of billions' a year - study

2018-11-25 14:49

Climate change is already hurting the global economy and will cost the US hundreds of billions of dollars annually by 2050 unless drastic action is taken to cut carbon emissions, a major US government report warned on Friday.

Fed hikes rates, warns more coming as it brushes off Trump jabs

2018-09-26 22:19

Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into 2019, risking fresh criticism from President Donald Trump.

When Trump added an extra zero in his GDP tweet

2018-09-10 22:23

One of Donald Trump’s top economic advisers says the president erred in a tweet asserting growth in US gross domestic product was higher than the unemployment rate for the first time in over a century.

US, Mexico may reach Nafta deal as soon as Monday

2018-08-27 06:45

The US and Mexico are close to resolving bilateral differences on Nafta and may wrap up as soon as Monday, clearing the way for Canada to possibly return to talks to update the three-nation trade pact.

Trump says he thinks stock market would crash if he's impeached

2018-08-23 20:19

President Donald Trump said he doesn’t see a reason for Congress to impeach him as he is doing great job.


WATCH: US economy surges 3.2% in first quarter

2019-04-26 18:29

The US economy accelerated in the first three months of the year, fueled by a rebound in local and state government spending, as well as temporary factories tied to trade.

Trump will rule out concrete wall to end shutdown – US official

2019-01-06 19:30

US President Donald Trump is willing to rule out concrete for a wall on the southern US border to reach a deal with Democrats and end a partial government shutdown, a US official said.

Trump may have done lasting damage to the Fed

2018-12-26 06:00

We need to start thinking about what happens if Trump tries to fire Powell. Short version: It would likely be an absolute mess, says Tim Duy.

WATCH: Bright outlook for Wall Street in 2019

2018-12-23 13:41

Wall Street strategists Reuters talked to see US stocks rising 16 to 21% next year over current levels.

Fed says millennials are just like their parents. Only poorer

2018-11-29 22:30

American cheese. Credit cards. Taxis. The Thanksgiving turkey. Even divorce. This generation’s cultural killing spree has left few corners untouched.

Trump slams Fed hours after his pick Powell lifts interest rates

2018-09-27 08:20

“We are doing great as a country,” Trump said Wednesday at a press conference in New York. “Unfortunately they just raised interest rates a little bit because we are doing so well. I am not happy about that.”

What happened this week in the world economy and what it means

2018-09-14 15:30

To mark a decade after the Lehman Brothers collapse, the global economy instead received a very mixed scorecard this week, with developed markets getting good news, emerging markets finding building stresses, and everyone bracing for the next fragile steps on trade.

US wage gains pick up to 2.9% while payrolls rise 201 000

2018-09-07 15:20

American wages unexpectedly climbed in August by the most since the recession ended in 2009 and hiring rose by more than forecast.

JPMorgan, BlackRock say troubled Trump may hit emerging markets

2018-08-23 22:20

Donald Trump’s in trouble and emerging markets may pay the cost, according to some of the world’s largest money managers.

WATCH: KFC, Nike, other top US brands sweat over next step in trade war

2018-08-20 17:13

America's China factories are feeling the strains as firms scramble for shelter from the ongoing trade war.

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