United States

Friday, July 15th 2011 - 16:33 UTC
US June consumer prices fell 0.2%, but growing fears of core inflation

The cost of living in the United States fell in June, as a sharp drop in energy cost offset other price rises. Consumer prices fell 0.2%, their first monthly fall in a year; excluding energy and food, prices rose slightly. The annual inflation rate was 3.6%.
Friday, July 15th 2011 - 02:08 UTC
S&P warns of a “one in two” chance of downgrading US debt rating

Standard & Poor's has become the latest ratings agency to issue a warning of a possible downgrade to the US's debt rating. It said there was a “one-in-two” chance that it may cut the US's AAA rating if a deal to raise the government's debt ceiling is not agreed upon soon
Thursday, July 14th 2011 - 07:13 UTC
Controversy in the US: severely obese children “should be placed in foster care”

The government should have the right to remove severely obese children from their parents' home and place them in foster care, two US health experts argued in a controversial editorial published Wednesday in the Journal of the American Medical Association.
Wednesday, July 13th 2011 - 16:30 UTC
Fed ready to inject new stimulus if US economy remains persistently weak

Federal Reserve Chairman Ben Bernanke said the central bank is ready to ease monetary policy further if the economy weakens and inflation moves lower, suggesting policymakers are actively mulling further stimulus.
Wednesday, July 13th 2011 - 10:16 UTC
US loosing Colombian market share to Mercosur claim farmers

United States industry and agriculture lobbies are again advocating forcefully before Congress on the pending free trade agreement with Colombia claiming the delay is costing market share to a more aggressive Mercosur.
Wednesday, July 13th 2011 - 00:35 UTC
While Obama in office, “real solution” to debt ceiling “unlikely” say Republicans

US President Barack Obama raised the stakes in the third straight day of budget talks Tuesday, warning that senior citizens and veterans may suffer first if the debt ceiling is not raised by Aug. 2.
Tuesday, July 12th 2011 - 02:38 UTC
Obama pushes congressional leaders for deficit reduction deal: “if not now, when?”

President Barack Obama pushed congressional leaders for the largest possible deficit-reduction deal that would involve changes to popular entitlement programs, asking: “If not now, when?”
Saturday, July 9th 2011 - 07:26 UTC
US jobs data for June disappoints markets: unemployment again at 9.2%

US employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dousing hopes the economy would regain momentum in the second half of the year.
Saturday, July 9th 2011 - 06:51 UTC
Obama says debt-limit controversy fuelling uncertainty in the business sector

President Barack Obama cited gloomy jobs numbers as one more reason lawmakers must strike a deal soon to raise the US debt limit, saying the impasse was fuelling uncertainty within financial markets and in the business sector.
Saturday, July 9th 2011 - 06:37 UTC
US beef and poultry become highly competitive as costs soar in Mercosur

Brazil’s JBS SA, the world’s biggest beef producer, is betting on a rebound in U.S. meat sales as a weak dollar makes production in the country as competitive as in emerging markets.