United States

Friday, September 2nd 2011 - 08:39 UTC
Thatcher and Falklands’ military campaign invoked by US presidential hopeful

A United States congresswoman running a surprising strong campaign for the Republican presidential nomination has compared herself to ex-British Prime Minister Margaret Thatcher in a foreign policy speech aimed in part at convincing US veterans that she would make a strong commander in chief.
Friday, September 2nd 2011 - 08:31 UTC
Obama hints mix of tax cuts and infrastructure spending in next week jobs speech

US President Barack Obama sharply cut estimates for US economic growth, underscoring the difficult challenge he faces in spurring a stronger recovery and creating more jobs.
Thursday, September 1st 2011 - 05:23 UTC
Obama jobs-speech in Congress will compete with opening game of football season

President Barack Obama on Wednesday agreed to unveil new jobs proposals in an address to Congress on September 8, bowing to pressure from Republicans, who objected to the original date set for his high-profile speech.
Thursday, September 1st 2011 - 02:48 UTC
US effort to track gun-smuggling to Mexico ends in failure and major scandal

The acting director of the US Bureau of Alcohol, Tobacco and Firearms (ATF) and the US attorney in Arizona are resigning over a botched operation to track the flow of guns to Mexico.The ATF' Kenneth Melson had recently faced pressure by Congress to resign.
Thursday, September 1st 2011 - 02:40 UTC
Obama jobs’ speech before Congress request triggers political controversy

US President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week, although there is a now a dispute involving the Republican Speaker of the House of Representatives over the timing of the event.
Thursday, September 1st 2011 - 02:37 UTC
US private sector job growth slowed in August for second month running

The pace of US private sector job growth slowed in August for the second month in a row with employers adding 91,000 positions, a report by a payrolls’ processor showed Wednesday.
Wednesday, August 31st 2011 - 21:29 UTC
Controversy over US highest paid CEOs and taxes paid by their companies

The 25 highest paid US chief executives earned more last year than their companies paid in federal income tax, a study has said. The average annual remuneration of the 25 bosses was 16.7 million dollars, the left leaning think tank Institute for Policy Studies (IPS) found.
Wednesday, August 31st 2011 - 21:17 UTC
US consumers’ confidence plummets to lowest since April 2009 on jobs concern

The confidence of US consumers in the country’s economy fell sharply in August and reached its lowest level since April 2009, The Conference Board reported on Tuesday, attributing the decline in part to the lengthy congressional negotiations to raise the debt limit.
Wednesday, August 31st 2011 - 09:00 UTC
Dissenting Fed member pledges unity but makes different reading of data available

Federal Reserve Bank of Minneapolis President Narayana Kocherlakota signalled he would not attempt to annul the Fed’s commitment to keep interest rates near zero through mid-2013.
Tuesday, August 30th 2011 - 03:56 UTC
Nobel laureate praises Argentina; tells US and EU spending is the way out of recession

United States and the European Union “are using the same recipe that the IMF applied on Argentina” to address the current global financial crisis and this only leads to “stagnation” said Nobel laureate Joseph Stiglitz attending a gathering of Nobel Prize recipients and young economists in Lindau, Germany.