United States

Wednesday, September 22nd 2010 - 07:35 UTC
Fed anticipates modest US growth and is prepared to provide further support

Admitting that employment and output recovery has slowed down in recent months, the US Federal Reserve said on Tuesday that it is prepared to provide additional accommodation if needed to support the economic recovery and to return inflation, over time, to levels consistent with its mandate.
Wednesday, September 22nd 2010 - 03:12 UTC
Stowaway owl in the world’s largest cruise vessel returned to its habitat

Florida State wildlife officials were called to the world's largest cruise ship, Royal Caribbean's Oasis of the Seas, to deal with a little stowaway – a burrowing owl.
Tuesday, September 21st 2010 - 02:27 UTC
The US “Great Recession” officially ended June 2009, says top think-tank

The United States recession lasted 18 months and was the most prolonged since World War II, a report has concluded. The National Bureau of Economic Research said the recovery began in June 2009, with recession having begun in 2007.
Monday, September 20th 2010 - 23:25 UTC
US high unemployment rates “will persist” for another two years, says OECD

Recovery in the United States is under way but at such a moderate pace that painfully high unemployment rates will persist for some time, the Organization for Economic Cooperation and Development said on Monday
Thursday, September 16th 2010 - 22:57 UTC
Poverty rate and number of millionaires in the US soaring

The poverty rate in the United States rose for the third straight year, reading 14.3% in 2009 (one in seven), up from 13.2% a year earlier. More than 43 million people are living in poverty and almost 51 million have no health insurance coverage.
Friday, September 10th 2010 - 03:27 UTC
New York Times going out of print “sometime in the future”

Chairman and publisher of the New York Times Arthur Sulzberger delivered a speech within the framework of a newsroom gathering summit in London and tackled the rumours of the newspaper going out of print by 2015.
Wednesday, September 8th 2010 - 01:51 UTC
US “run out of bullets” to stimulate the economy, says Roubini

Influential market commentator and New York University Professor Nouriel Roubini believes the US has ‘run out of bullets’ in its efforts to stimulate the economy and expects it to drag the global economy back into recession.
Friday, September 3rd 2010 - 03:14 UTC
New York skyscrapers “lights-out” project to protect migratory

A growing number of New York sky-scrapers are switching off their lights to help reduce the number of birds hitting the high-rise buildings. The “lights out” project - organised by NYC Audubon - runs until 1 November, when migratory birds are expected to have completed their autumn migrations.
Thursday, September 2nd 2010 - 20:15 UTC
Gulf of Mexico oil/gas production platform catches fire: “no spill” says operator

A well connected to an oil and gas production platform caught on fire in the Gulf of Mexico Thursday, engulfing the vessel in flames about 100 miles off the central coast of Louisiana and forcing 13 people overboard, Gov. Bobby Jindal said.
Thursday, September 2nd 2010 - 06:55 UTC
Minutes confirm Fed ready to purchase more government bonds to prop economy

United States Federal Reserve will buy up more debt if the outlook worsens “appreciably”, minutes from its August meeting have revealed. The central bank preferred to purchase US government bonds, but did not rule out buying further mortgage debts.