United States

Wednesday, June 20th 2012 - 20:30 UTC
Federal Reserve extends monetary stimulus for another six months

The Federal Reserve extended on Wednesday its monetary stimulus to the US economic recovery renewing effort to depress borrowing costs by selling short-term bonds to buy longer-dated ones.
Tuesday, June 19th 2012 - 23:44 UTC
Coca Cola confronts NY Mayor Bloomberg: denies responsibility for US obesity epidemics

Coca-Cola CEO Muhtar Kent insists his company is not responsible for the rise in US obesity despite New York Mayor Michael Bloomberg's recent moves to limit the consumption of sugary drinks.
Saturday, June 16th 2012 - 05:54 UTC
US foreign military sales already a record 50 billion dollars, up 70% from 2011

US Assistant Secretary of State for Political and Military Affairs Andrew Shapiro said that 2012 is already a record-breaking year for US foreign military sales, which are government-to-government sales.
Saturday, June 16th 2012 - 03:07 UTC
Parents of US child born in 2011 will spend 234.900 dollars until he is 17

The United States Department of Agriculture reported that a US middle-income family with a child born in 2011 can expect to spend about 234.900 dollars for food, shelter and other necessities to raise him or her over the next 17 years, an increase of 3.5% from 2010.
Saturday, June 16th 2012 - 03:03 UTC
“Who cares what an American official can think about the situation in Spain?”

Economics Nobel prize (2011) Thomas Sargent admitted feeling “ashamed” when some officials from the US government make recommendations to Europe, Spain and other countries on what policies they should adopt to climb out of the current crisis.
Thursday, June 14th 2012 - 23:19 UTC
US consumer prices fall 0.3% in May as petrol prices drop 6.8%

US consumer prices fell by 0.3% in May, the biggest monthly fall in more than three years, due largely to a sharp drop in petrol prices. Petrol prices fell 6.8%, while food prices were unchanged, the Labour Department said.
Wednesday, June 13th 2012 - 04:46 UTC
US “remain neutral” in Malvinas dispute, following referendum announcement

The US has stated that it will remain neutral in the Falklands/Malvinas Islands sovereignty dispute between Argentina and the United Kingdom, said the spokesperson of the US State Department’s Victoria Nuland after the announcement that the Islanders will hold a referendum in 2013 to decided whether they want to remain British or not.
Saturday, June 9th 2012 - 02:41 UTC
FAO food price index fell by 4% in May on prospects of good cereal production

United Nation’s Food and Agriculture Organization (FAO) said global food prices dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar.
Friday, June 8th 2012 - 23:34 UTC
Beverage industry blasts New York for limiting sale of oversized sugary drinks

New York City's top health official shot back at critics who have blasted the city's plan to limit the sale of oversized sugary drinks such as soda, calling beverage industry opposition ridiculous.
Thursday, June 7th 2012 - 06:16 UTC
“Modest increase” assessment on the US economy from the Federal Reserve

Economic growth in the United States picked up over the last two months and hiring showed signs of a “modest increase,” the Federal Reserve said in a report that ran counter to a growing sense of economic gloom.