United States

Wednesday, September 2nd 2015 - 08:30 UTC
Despite China, for the Fed and BoE, an interest rate raise still on the table

United States inflation will likely rebound as pressure from the dollar fades, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday in a speech careful not to overreact to a possible Chinese slowdown.
Wednesday, September 2nd 2015 - 00:00 UTC
Obama wants to speed purchase of icebreakers for the Arctic and Russian challenge

President Barack Obama on Tuesday is proposing a faster timetable for buying a new heavy icebreaker for the U.S. Arctic, where quickly melting sea ice has spurred more maritime traffic, and the United States has fallen far behind Russian resources.
Friday, August 28th 2015 - 07:06 UTC
US economy 2Q performance changes the mood of markets

Shares rise and oil prices jumped 9% after revised figures showed the US economy grew by far more than had been thought between April and June. The economy grew by an annualized rate of 3.7%, up from the first estimate of 2.3%. Growth of 0.6% in the first three months of the year was not revised.
Friday, August 28th 2015 - 06:50 UTC
US Treasury sanctions Farc members operating from Switzerland

The US has announced sanctions against four alleged members of Colombia's Farc rebel group, accusing them of drug trafficking and money laundering. The four men used a shop in Switzerland as a front for their activities, the US treasury department said. It says the Farc still use drugs to fund their “ruthless operation”.
Thursday, August 27th 2015 - 04:28 UTC
Wall Street rebounds 4%, but European markets still fearful of China

Shares on Wall Street finished with their biggest rise in four years ending another rocky day of trading on global markets. The mood was lifted by comments from US Federal Reserve official William Dudley that a rate rise in September seemed “less compelling”.
Wednesday, August 26th 2015 - 06:12 UTC
US NOAA to investigate whale stranding as an “unusual mortality event”

The U.S. National Oceanic and Atmospheric Administration (NOAA) has declared the recent deaths of 30 large whales in the western Gulf of Alaska an “unusual mortality event,” triggering a focused, expert investigation into the cause. An unusual mortality event is a stranding event that is unexpected, involves a significant die-off of a marine mammal population and demands immediate response.
Friday, August 21st 2015 - 06:17 UTC
California sinking as pumping groundwater continues in response to historic drought, says NASA

California's Department of Water Resources released a new NASA report showing land in the San Joaquin Valley is sinking faster than ever before, nearly 5 centimeters per month in some locations, as Californians continue pumping groundwater in response to a historic drought.
Thursday, August 20th 2015 - 06:38 UTC
Fed approaching interest rate hike but 'reasonable confidence' still short

An improving job market edged the US Federal Reserve closer to an interest rate hike at its July meeting even as policymakers continued to express broad concerns about lagging inflation and the weak state of the world economy, according to minutes released on Wednesday.
Wednesday, August 19th 2015 - 07:30 UTC
US approves a libido-enhancing drug for women, to be marketed as “Addyi”

The US Food and Drug Administration (FDA) has approved a libido-enhancing drug for women that has been dubbed “Female Viagra”. Flibanserin, a drug produced by Sprout Pharmaceuticals, recently passed an FDA advisory committee meeting.
Wednesday, August 19th 2015 - 07:02 UTC
American Airlines charters to Cuba from Los Angeles next December

American Airlines which has operated charter flights to Cuba since 1991, said on Tuesday that it plans to begin charter services between Los Angeles and Havana on Dec. 12. But by that time, the U.S. and Cuban governments may be ready to allow scheduled airline flights between the two countries, a practice not allowed for more than a half-century.