United States

United States
Friday, February 6th 2015 - 23:10 UTC

US reports strong surge in employment and wages during January

January marked the 11th straight month of job gains above 200,000, the longest streak since 1994.

United States employment rose solidly in January and wages rebounded strongly, a show of underlying strength in the economy. Nonfarm payrolls increased 257,000 last month, the Labor Department said on Friday.

Friday, February 6th 2015 - 07:25 UTC

Argentina warns the US not to interfere with the investigation of Nisman's death

Ambassador Nahon addressed a very strong letter to the House of Representatives Foreign Affairs Committee.

Argentina will not tolerate any United States intervention in the investigation of prosecutor Alberto Nisman's death, and will consider any attempt as an interference in the country's domestic affairs and a violation of Argentine sovereignty.

Wednesday, February 4th 2015 - 13:35 UTC

Record television audience in US history at Sunday's Super Bowl

Viewership peaked to 120.8 million between 9.45 and 10pm EST during the Patriots’ game-winning fourth-quarter drive, Comcast Corp-owned NBC said.

The New England Patriots’ heart-stopping 28-24 victory over the Seattle Seahawks in the Super Bowl delivered the largest television audience in US history with an average of 114.4 million viewers, network NBC said on Monday.

Wednesday, February 4th 2015 - 08:21 UTC

Standard & Poor's agrees to pay 1.5bn dollars to solve lawsuits from the 2008 financial crisis

S&P parent McGraw Hill Financial will pay 687.5m to the US Department of Justice, and 687.5m to 19 states and the District of Columbia

Credit ratings firm Standard & Poor's will pay 1.5 billion dollars to resolve a series of lawsuits over its ratings on mortgage securities that soured in the run-up to the 2008 financial crisis, the company announced on Tuesday. The settlement comes after more than two years of litigation as S&P fought allegations it issued overly rosy ratings in order to win more business.

Wednesday, February 4th 2015 - 08:16 UTC

A record 56.4 million tourists visited New York last year

 “Our excellent quality of life, low levels of crime and constant dynamism continue to attract record tourism each year” said Mayor Bill de Blasio.

A record 56.4 million tourists visited New York last year, drawn by its diverse culture, low crime and “dynamism,” and generating 61.3 billion for America's largest city, officials said this week.

Tuesday, February 3rd 2015 - 06:14 UTC

Obama's 4 trillion budget gives priority to the middle class and infrastructure

Some 70% of the spending is obligatory, as it covers public safety net programs such as Social Security and health coverage for the elderly (Medicare)

President Barack Obama's 2016 budget unveiled Monday sets priorities for the middle class and proposes major infrastructure improvements, to be paid for largely through increased contributions by the wealthy and corporate America.

Saturday, January 31st 2015 - 09:30 UTC

Despite fourth quarter blip US economy fundamentals remain robust with strong tailwind

Even with the moderation in the fourth quarter, growth remained above the 2.5% pace, which is considered to be the US economy's potential.

US economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006. GDP expanded at a 2.6% annual pace after the third quarter's spectacular 5%, the Commerce Department said in its first fourth-quarter GDP snapshot.

Friday, January 30th 2015 - 08:25 UTC

Chavez died December 2012 and not March 2013, says former bodyguard

Leamsy Salazar who fled Venezuela earlier this week said late president Hugo Chávez did not die on 5 March 2013 but on 30 December 2012.

A former bodyguard of Venezuela’s Socialist Party heavyweight Diosdado Cabello Leamsy Salazar, who fled the country earlier this week and was reportedly collaborating with US authorities investigating allegations of Venezuelan officials' involvement in drugs, said late president Hugo Chavez did not die on 5 March 2013 but on 30 December 2012.

Thursday, January 29th 2015 - 08:41 UTC

Federal Reserve pledges to be 'patient' on raising interest rates from record lows

Janet Yellen and her colleagues contained no hint of a big change in Fed policy, but there was an added note of concern about low inflation.

The U.S. Federal Reserve on Wednesday after a two-day meeting reiterated its pledge to be patient and hold off on raising interest rates from the record low levels they’ve been at for the last six years. The Fed also pointed out it was watching “international developments” closely.

Thursday, January 29th 2015 - 06:32 UTC

Raul Castro demands the return of Guantanamo and compensation for US trade embargo

The Cuban president told the Celac summit that “if these problems aren't resolved, this diplomatic rapprochement wouldn't make any sense.”

Cuban President Raul Castro demanded on Wednesday that the United States return the U.S. base at Guantanamo Bay, lift the half-century trade embargo on Cuba and compensate his country for damages before the two nations re-establish normal relations.

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