United States ‘Occupy-Wall Street” demonstrators said they are growing out of their lower Manhattan encampment and are exploring options to expand to other public spaces in New York City.
US employment grew more than expected in September and job gains for the prior months were revised higher, according to a government report, released Friday, that could ease fears the economy was heading into recession.
United States President Obama on Thursday called the “Occupy Wall Street” protests a reflection of a broad-based frustration about how our financial system works and pledged to continue fighting to protect American consumers.
Demonstrators from New York City to San Francisco took to the streets Wednesday to protest what they call a growing wealth disparity between large US corporations and average citizens in the wake of the financial crisis.
United States industry leaders have welcomed words of encouragement from Republican congressional leaders that have given new hope for implementation of proposed US free trade agreements (FTA) with Korea, Colombia and Panama.
The Federal Reserve is prepared to take further steps to help a fragile economic recovery held back by a weak job market and financial stresses in Europe, Fed Chairman Ben Bernanke said on Tuesday.
Poverty in the United States has grown steadily in the past few years. According to the US Census bureau, 46.2 million people lived in poverty in 2010, the highest in the 52 years poverty estimates have been published.
The United States Securities and Exchange Commission (SEC) has discovered apparent failures at 10 credit rating agencies. SEC said it was concerned that the agencies - including Standard & Poor's (S&P) and Moody's - were not making timely and accurate disclosures or managing conflicts of interest.
Anti-Wall Street protesters vowed to keep up their fight on Sunday despite the arrests of more than 700 people the previous day for blocking traffic lanes on the Brooklyn Bridge in an unauthorized protest.
The United States needs to allow more visas to help the economy and should let highly skilled engineers who study in US universities stay in the country, New York Mayor Michael Bloomberg said in Washington.