United States

Thursday, August 25th 2011 - 06:31 UTC
Mexican billionaire Slim boosts stakes in Saks and New York Times

Mexican billionaire Carlos Slim spent 8.8 million dollars to boost his stakes in Saks Inc. and New York Times adding to his biggest US holdings as the stock market slumped last week. Saks gained the most in almost a year.
Wednesday, August 24th 2011 - 06:47 UTC
World markets higher on expectations of Bernanke speech Thursday

US stocks shot 3% higher on Tuesday on speculation Federal Reserve Chairman Ben Bernanke this week could signal new help for the US economy, giving investors hope a four-week rout was nearing an end.
Wednesday, August 24th 2011 - 04:24 UTC
Strong earthquake rattles Washington, New York, Virginia and Toronto area

A strong earthquake rattled the United States East Coast, sending tremors as far as Canada, shaking Washington and scaring thousands of office workers who fled onto the streets.
Tuesday, August 23rd 2011 - 06:33 UTC
After effects of downgrading US credit rating: KO for S&P president

Standard & Poor's (S&P) president Deven Sharma has stepped down just weeks after the agency downgraded the US credit rating. He will be replaced by Douglas Peterson, chief operating officer of Citibank with effect from 12 September, the agency said.
Monday, August 22nd 2011 - 07:19 UTC
Biden tells China US power not waning and anticipates a bumpy 2012

US Vice President Joe Biden rejected views that US power is waning and said Washington would never default, wrapping up a China visit that has played down tensions between the world's two biggest economies. He also anticipated 2012 was a ‘transition year” both for the US and China
Saturday, August 20th 2011 - 06:26 UTC
“Years to lower unemployment” with US economy so slow, says Fed member

The United States economy is growing so slowly that it will take years to wrench lofty unemployment rates back to normal levels, Cleveland Federal Reserve Bank President Sandra Pianalto said.
Friday, August 19th 2011 - 10:16 UTC
US reviews deportation policy involving 300.000 illegal immigrants

US President Obama administration said Thursday it would postpone the deportation of illegal immigrants without criminal records and allow them to apply for work permits as it reviews over 300.000 cases.
Friday, August 19th 2011 - 01:59 UTC
US Terrorism report: Argentina has not advanced in ‘anti-money laundering activities”

The US Department of State released it’s 2010 Country Reports on Terrorism, in which it praised Argentina for “cooperating well” with the US in analyzing possible terrorist threat information,” although it warned about the country’s “virtually no progress toward addressing anti-money laundering and counterterrorist finance activities.
Wednesday, August 17th 2011 - 07:06 UTC
Fitch reaffirms US sterling AAA rating but calls for political agreement

Fitch Ratings on Tuesday reaffirmed the United States' AAA credit rating. The move comes less than two weeks after Standard & Poor's downgraded the United States' long-term debt to AA+.
Wednesday, August 17th 2011 - 00:49 UTC
United States recovers position as world’s leading exporter of beef

The United States has recaptured its position as the world’s leading exporter of beef, outpacing Brazil and Australia, according to the latest statistics released by the US Department of Agriculture. Mexico a traditional market and Latin American countries proved to be among the most dynamic.