Biden, Speaker clash, with economy at stake
President Joe Biden and the new Republican speaker of the House of Representatives, Kevin McCarthy, face off Wednesday at the ...
Read moreTag: US economy
US economy seen to have posted slower growth in Q4
WASHINGTON—The US economy is forecast to have grown but at a slower pace in the final months of 2022, helped ...
Read moreUS job gains robust in December as wage growth slows
Washington—US job gains exceeded expectations in December while unemployment ticked down, a closely-watched government report said Friday, in a sign ...
Read moreUS economy slows on pessimism over high interest rates
Washington, United States—US economic activity eased in recent weeks, while uncertainty and “increased pessimism” clouded the country’s outlook amid high ...
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Biden sees final-hour shift to Democrats
WASHINGTON—President Joe Biden on Friday predicted a final-hour shift in favor of the Democrats in the midterm elections, saying that ...
Read moreUS economic prospects bleak amid high rates
WASHINGTON, United States—Economic prospects are becoming “more pessimistic” in the United States on growing worries of weaker demand, the Federal ...
Read moreYellen: US faces ‘risk’ of recession as inflation battle may slow economy
Washington, United States--The United States faces “a risk” of recession as its battle against inflation could slow the nation’s economy, ...
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US recession fears deepen as economy shrinks again
WASHINGTON, United States—The US economy contracted for a second straight quarter between April and June, according to official data released ...
Read moreUS Fed hikes interest rate in battle against high inflation
WASHINGTON, United States—The Federal Reserve escalated its battle against the wave of price increases battering the US economy, raising the ...
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US consumer prices hit new 40-year high as Ukraine shock looms
US consumer prices hit a new 40-year high last month as the world's largest economy continued to be battered by ...
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