US economic growth slowed in the first three months of 2011 to an annualised rate of 1.8%, corresponding to a 0.4% quarterly increase. This compares with a revised annual growth rate of 3.1% in the previous quarter, official figures show.
United States crude oil futures rose Thursday to hit a 31-month high settlement after a volatile trading session while the US dollar fell to a three-year low against major currencies following on the Federal Reserve's intention to keep interest rates near zero.
More than 6.6 million Latinos voted in the legislative elections last November, a record Hispanic turnout in a non-presidential election year, according to a new study.
The Federal Reserve said on Wednesday it will maintain the current rates and is in no rush to scale back its extensive support for the US economy while estimating that the increase in commodity prices (and inflation) is transitory.
The White House released copies of President Barack Obama's original long-form birth certificate Wednesday, seeking to put an end to persistent rumors that he was not born in the United States.
President Barack Obama has told fellow citizens there is no magic bullet to bring down high petrol prices and said he wants to end what he called US$4 billion in taxpayer subsidies to oil and gas companies.
The Cuban revolution leader Fidel Castro in his latest ‘Reflections’ column “The brutal and turbulent North” writes about China’s report on human rights in the United States, which is basically a counter report on Washington’s annual document on the human rights situation in each of the world’s countries.
The United States lacks a credible plan to cut its deficit over the medium term, the International Monetary Fund's chief economist Olivier Blanchard told French daily Le Monde in an interview published Wednesday.
Google Inc. said announced this week that together with two Japanese partners they will pay General Electric Co. about 500 million US dollars for a majority equity stake in the world's largest wind farm, under construction in Oregon.
United States Treasury Secretary Timothy Geithner said he was confident Congress would raise the country’s debt limit and that it may need to do so before a deal is reached to rein in future budget deficits.