United States

Friday, September 18th 2015 - 07:52 UTC
Fed leaves rates unchanged on concerns about a weak world economy

The US Federal Reserve kept interest rates unchanged on Thursday in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year. In what amounted to a tactical retreat, the US central bank said an array of global risks and other factors had convinced it to delay what would have been the first rate hike in nearly a decade.
Thursday, September 17th 2015 - 21:03 UTC
US consumer prices slipped in August helped by fuel prices and strong dollar

Consumer prices in the United States fell in August as petrol prices dropped and a strong dollar curbed the cost of goods, the US Department of Labor has said. The Consumer Price Index (CPI) slipped 0.1% last month, the first decline since January. But in the 12 months to August, the CPI rose 0.2% after a similar gain in July.
Thursday, September 17th 2015 - 09:54 UTC
Ten dollar bill with Thatcher's face, proposed presidential hopeful Jeb Bush

US Republican presidential hopeful Jeb Bush has picked the UK's former Prime Minister, Margaret Thatcher, as his choice for the face of the $10 bill. The former Florida governor made the surprise suggestion during a televised debate for the top Republicans vying for the presidential nomination.
Tuesday, September 8th 2015 - 08:42 UTC
IMF cautions Fed on conditions when it decides to increase interest rates

The US Federal Reserve must be certain that the job market and inflation are strong enough to justify raising interest rates, IMF managing director Christine Lagarde said after a G20 meeting focused on the pressure the increase might place on the global economy.
Saturday, September 5th 2015 - 07:19 UTC
Trump pledges not to run as independent candidate; tells Jeb Bush to speak in English

Republican front-runner Donald Trump has bowed to pressure from the party establishment and signed a pledge not to run as an independent candidate in the November 2016 presidential election.
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”.