Washington: Federal Reserve Chairman Ben Bernanke said Tuesday that the US economy still needs the Fed’s stimulus, and warned that looming steep budget cuts...
Washington: The US government releases its January jobs report Friday, expected to show just a slight improvement that nevertheless may be a welcome sign after...
Washington: US consumers held tight to their wallets in December, the key holiday shopping season, despite a rise in incomes, according to Commerce Department data...
Washington: US consumer confidence dove sharply for the second straight month in January, the Conference Board said Tuesday, with rising taxes cited as a likely...
 Washington: The US trade deficit widened sharply in November and posting the highest level in seven months amid a jump in consumer-goods imports, according...
New York: US bank Morgan Stanley is planning to eliminate 1,600 jobs in its institutional securities business in the coming weeks, a person close to...
Washington: The US economy added a modest 155,000 net new jobs in December, the Labor Department said Friday, and the unemployment rate held steady at...