United States

Thursday, June 24th 2010 - 06:02 UTC
US Central bank anticipates low rates for an “extended period”

Two days ahead of the Toronto G-20 summit the US Federal Reserve anticipates it will keep its main interest rate at a near zero level, for an “extended period”. The Federal Open Market Committee said on Wednesday that “subdued inflation” and other factors “are likely to warrant” keeping rates at their historic lows.
Thursday, June 17th 2010 - 22:45 UTC
Jump in US claims for jobless benefits; May consumer prices drop 0.2%

The number of US workers filing new claims for jobless benefits jumped last week after three straight declines, the Labour Department said on Thursday. First-time claims rose by 12,000 to a seasonally adjusted 472,000, the highest level in a month.
Sunday, June 13th 2010 - 03:23 UTC
Mrs. Clinton promises to sponsor US/Colombia trade agreement

US Secretary of State Hillary Clinton promised this week after meeting with Colombian president Alvaro Uribe that when she returns to Washington she will begin “a very intensive effort to try to obtain the votes to get the free trade agreement with Colombia finally ratified”.
Sunday, June 13th 2010 - 01:27 UTC
Major low-cost airline servicing the Caribbean grounded over pay contract

Hundreds of pilots for Spirit Airlines, which services the Caribbean, walked off their jobs early Saturday morning after negotiations over pay broke down. In what industry analysts say is the first strike at a US passenger airline in nearly five years, pilots at the low-cost carrier took industrial action as negotiations reached a stalemate.
Saturday, June 12th 2010 - 04:49 UTC
As US economy picks up, revenue increases and budget deficit drops slightly

The US government posted a smaller budget deficit in May than forecast as a growing economy helped bring in more tax revenue, Treasury Department statistics showed. The excess of spending over revenue fell to 135.9 billion last month from a shortfall of 189.7 billion in May 2009, according to a report issued today in Washington.
Friday, June 11th 2010 - 23:13 UTC
Hispanics become US largest minority: 15.8% of total population

The size of the United States Hispanic community grew by 3.1% in 2009 to 48.4 million people, or 15.8% of the total population, the largest minority in a country that is ever more diverse, the Census Bureau said Thursday.
Thursday, June 10th 2010 - 06:09 UTC
Hillary Clinton promises all military information of US presence in Colombia

United States promised to deliver the Union of South American Nations, Unasur, all the necessary information regarding its military presence in Colombia, said Ecuadorean president Rafael Correa, following a meeting with US Secretary of State Hillary Clinton.
Wednesday, June 9th 2010 - 06:08 UTC
Obama looking for “whose ass to kick” in the BP Gulf of Mexico oil spill

In his angriest words yet after being widely criticized for his response to the Gulf oil spill, President Barack Obama said he was talking to experts because he wants to know “whose ass to kick.”
Tuesday, June 8th 2010 - 23:46 UTC
US Fed Reserve in no hurry to raise benchmark interest rates

United States Federal Reserve Bank of Chicago President Charles Evans reiterated on Tuesday that now is not the right time for the US central bank to raise benchmark interest rates. He also said the US unemployment rate will decline slowly after the “disappointing” May jobs report.
Saturday, June 5th 2010 - 00:59 UTC
US government says there’s no arms race in the Americas

The US government does not consider that there’s an arms race in the Americas and estimates the majority of countries invest more on social areas than in military hardware said Assistant US Secretary of State for Hemispheric affairs, Arturo Valenzuela.