US economy expands at slower pace in Q1
The US economy expanded at a slower pace in Q1 due to downward adjustments in consumer spending.
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US economy
Deutsche Bank sets highest S&P 500 year-end target at 5,500
Deutsche Bank has increased its year-end S&P 500 target for 2024 to 5,500, the highest among major brokerages,…
UREGENT: US inflation up 0.3% in April
US Consumer Price Index for All Urban Consumers (CPI-U) rose to 0.3 per cent in April, following a 0.4 per cent…
URGENT: US Fed leaves rates unchanged
The Federal Reserve decided to leave the interest rates unchanged at 5.25-5.50 per cent on Wednesday.
US economy slows to 1.6% in Q1 of ’24 – BEA
The US economy grew at a sluggish 1.6 per cent annual rate in the first quarter of 2024.
IMF chief warns: Global eyes on US rate hikes, industrial policy
Kristalina Georgieva, the chief of the International Monetary Fund (IMF) cautioned the US about the keen global…
Yen Rises, dollar retreats as G7 eyes currency calm
The US dollar took a breather on Thursday after Federal Reserve comments solidified expectations of continued…
Yen sinks, dollar up on Fed remarks
The US dollar edged lower on Wednesday, while the Japanese yen hovering near its weakest level in 34 years at…
US factory production surges in March
US factory production surged in March, buoyed by increased output in motor vehicle assembly and other sectors.
US data lifts dollar, yen weakens
The US dollar strengthened against major rivals on Tuesday, reaching a five-month high against the pound and euro,…
