Jul 30, 2016 at 11:01 | Source: Reuters
The US economy grew far less than expected in the second quarter as inventory investment fell for the first time in nearly five years. But a surge in consumer spending suggested underlying strength and provided a silver lining for investors.
Jul 29, 2016 at 11:55 | Source: Reuters
Gross domestic product probably increased at a 2.6 percent annual rate, which would be the fastest in a year, according to a Reuters survey of economists. The economy grew at a 1.1 percent pace in the first quarter.
Jul 28, 2016 at 07:36 | Source: PTI
Policy makers had not been expected to raise rates, out of concern that a hike could stifle fragile growth.
Jul 27, 2016 at 07:56 | Source: CNBC
What the market is hoping to hear in the Fed's post-meeting statement Wednesday is how it now views Brexit and its impact on the world economy. The UK economy has already shown some signs of strain following the June 23 vote to exit the European Union, but US data has only gotten stronger.
Jul 22, 2016 at 15:17 | Source: Moneycontrol.com
According to Achiievers Equities,Silver gains with investors now looking ahead to Fed for its views on rates following indications the U.S. economy is chugging along as expected despite Brexit.
Jul 19, 2016 at 23:08 | Source: CNBC-TV18
At a time when we are taking a lot of comfort in being the only bright star in an otherwise gloomy global economy, as the IMF puts it, Vijay Joshi's "India's Long Road: The Search For Prosperity" gives us a reality check.
Jul 19, 2016 at 07:56 | Source: PTI
Under standards set in 2012, automakers' fleets were expected to get an average of 54.5 miles per gallon by 2025.
Jul 18, 2016 at 20:42 | Source: PTI
The Manila-based lender's report said the growth forecast for 2017 of 5.7 percent made in March remains unchanged.
Jul 18, 2016 at 09:29 | Source: Reuters
Developing Asia, which groups 45 countries in the Asia Pacific region, is now expected to expand 5.6 percent this year, slightly weaker than a March forecast of 5.7 percent, the ADB said in a supplement to its Asian Development Outlook 2016.
Jul 16, 2016 at 09:56 | Source: PTI
The Federal Reserve last month trimmed its GDP forecast from 2.2 percent to 2 percent and economists at JPMorgan Chase are even more pessimistic, expecting the economy to grow by just 1.8 percent this year, down from last year's 2 percent gain.