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Janet Yellen warns on growing inequality in the US

Oct 18, 2014 at 01:47 | Source: BBC

US Federal Reserve chair Janet Yellen said that she was greatly concerned about rising inequality in the US. I think it is appropriate to ask whether [growing inequality] is compatible with values rooted in our nation's history, she said in a sp...

Morgan Stanley profits soar 87% as trading rebounds

Oct 17, 2014 at 20:27 | Source: BBC

US investment bank Morgan Stanley has posted an 87% jump in profits to $1.65bn (£1bn) in the three months to the end of September. Trading of currencies, commodities and bonds was a big driver of profits, as was wealth management - advising high ear...

Fed Likely to End Bond Buying, May Signal Caution on Rate Hikes

Oct 17, 2014 at 16:00 | Source: NDTV Profit

The Federal Reserve is likely to reassure investors later this month that it won't stand idle if global turbulence threatens the US economy, but a proposal from one top policymaker to keep on buying bonds looks to be a bridge too far. James B...

'US-led air assault against IS to solve America's economic problem'

Oct 17, 2014 at 00:45 | Source: FirstPost

New Delhi, Oct 17 (IANS) The US-led air assault against the Islamic State in Iraq and Syria is just to "serve the US' own interest" and "solve America's economic problem", a Syrian official said here Thursday.A Syrian diplomat, wh...

Wall Street Tumbles at Open on Global Demand Concerns

Oct 16, 2014 at 19:59 | Source: NDTV Profit

New York: US stocks opened sharply lower on Thursday, after the S&P 500 closed at its lowest in six months, amid concerns about weak global demand and its potential impact on the US economy and businesses. The Dow Jones industrial average fel...

US growth 'modest to moderate', says Fed Beige Book

Oct 16, 2014 at 01:57 | Source: BBC

The US economy grew at a modest to moderate pace, the Federal Reserve's latest Beige Book reports. Gains in consumer spending, manufacturing and commercial construction helped deliver the growth. The survey of the 12 Federal Reserve Districts sa...

EU reveals US trade talks agenda in key TTIP document

Oct 11, 2014 at 09:02 | Source: BBC

MEPs and the EU Commission have welcomed publication of the EU's priorities in trade talks with the US, which had long been kept secret. The negotiating mandate for the talks - which are known as TTIP - sets out what the EU hopes to achieve thro...

Dollar Rally Erases Fed Minutes Losses on Growth Outlook

Oct 11, 2014 at 06:00 | Source: Business Week

The dollar gained for a second day, erasing its decline since minutes of the Federal Reserve's most recent meeting showed policy makers are concerned the U.S. economy may be at risk from a worldwide slowdown. The U.S. currency rose against mo...

Dollar Rally Erases Fed Minutes Losses on Growth Outlook

Oct 11, 2014 at 03:57 | Source: Bloomberg

The dollar gained for a second day, erasing its decline since minutes of the Federal Reserve's most recent meeting showed policy makers are concerned the U.S. economy may be at risk from a worldwide slowdown. The U.S. currency rose against mo...

Dollar Gains for Second Day to Retrace Fed Minutes Drop

Oct 11, 2014 at 03:57 | Source: Business Week

The dollar gained for a second day, erasing its decline since minutes of the Federal Reserve's most recent meeting showed policy makers are concerned the U.S. economy may be at risk from a worldwide slowdown. The U.S. currency rose against mo...

Gold Trades Near Highest in Almost Two Weeks After Fed Minutes

Oct 09, 2014 at 08:01 | Source: Bloomberg

Gold held near the highest level in almost two weeks as Federal Reserve officials expressed concern that the U.S. economy may be at risk from a global slowdown, weakening the dollar and boosting demand for a haven. Gold for immediate delivery added a...

US markets cheer Federal Reserve minutes

Oct 09, 2014 at 01:26 | Source: BBC

US markets rose sharply after minutes from the September meeting of the Federal Reserve were released. The transcript indicated that US central bankers were wary of raising rates too soon. Officials were worried markets were too focused on a rate ris...

Why did PM Modi agree to give away Indias patent sovereignty to Americans?

Oct 08, 2014 at 11:33 | Source: FirstPost

With the hype of his Madison Square Garden show overshadowing everything else, Prime Minister Narendra Modis US visit was dubbed as a great bilateral victory for India. As the popular consensus went, Modi wowed both the Indian Americans and American ...

IMF warns of 'weak and uneven' global recovery

Oct 07, 2014 at 18:56 | Source: BBC

The International Monetary Fund has cut its forecast for global economic growth for both this year and next and warned the recovery is weak and uneven . It is now forecasting 3.3% growth this year, down from its forecast in July of 3.4%. Next year, i...

Gold Holds Above $1200, But Bearish Sentiment Prevails

Oct 07, 2014 at 10:00 | Source: NDTV Profit

Singapore: Gold held above $1,200 an ounce on Tuesday, retaining most of its sharp overnight gains following a bout of profit-taking in the dollar, but optimism over the US economy and possibility of higher rates kept investors wary. Spot gold slippe...

US Stocks Rally on Jobs Data

Oct 04, 2014 at 02:01 | Source: Wall Street Journal

Stocks sprinted higher Friday as a stronger-than-expected September jobs report reassured investors that the U.S. economy remains on a healthy growth track but that the Federal Reserve will take a gradual approach to raising interest rates. The jobs ...

With Senate at stake, Barack Obama touts economic gains

Oct 03, 2014 at 10:01 | Source: IBNLive

Washington: President Barack Obama on Thursday told voters that he and Democrats succeeded in pulling the US economy back from the brink of collapse during the Great Recession but acknowledged it was still tough going for the middle class. He spoke&a...

US dollar rally 'has years to go'

Oct 02, 2014 at 00:52 | Source: BBC

The US dollar continued its rally on Wednesday, hovering near a four-year high against major currencies. In early trading, it rose over 110 yen for the first time in six years and was close to a two-year high against the euro at $1.25. Analysts say t...

Dollar Falls From Six-Year High Against Yen as U.S. Yields Drop

Oct 01, 2014 at 20:00 | Source: Bloomberg

The dollar traded at almost a two-year high against the euro on speculation an improving U.S. economy will give the Federal Reserve more reason to increase interest rates for the first time since 2006. The greenback pared gains amid bets it advanced ...

Seems $1.7 Billion Can't Make the White House Safe: Opening Line

Oct 01, 2014 at 20:00 | Source: Bloomberg

During all that weeping and gnashing of teeth when the moment of sequestration arrived, we heard about myriad areas of the government and the U.S. economy that were headed for some pain, but we don't remember hearing about the Secret Service....

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