United States

Tuesday, September 18th 2007 - 21:00 UTC
US Central Bank cuts interest rate to 4.75%

US interest rate-setters have decided to cut rates for the first time since mid-2006, from 5.25% to 4.75%, more than had been expected.
Tuesday, September 18th 2007 - 21:00 UTC
Civil Air Patrol suspends flights looking for Fossett

The search for US adventurer Steve Fossett has been scaled back two weeks after his plane vanished over the Nevada wilderness, officials say.
Monday, September 17th 2007 - 21:00 UTC
Greenspan memoir links Iraq war to US thirst for oil

Former top US central banker Alan Greenspan abandons his trademark reserve Monday, in a new book which takes swipes at the White House for everything from its motives for invading Iraq to its unbridled spending.
Wednesday, September 12th 2007 - 21:00 UTC
Export boom fueled by cheap dollar narrows US trade deficit

The United States trade deficit narrowed 0.3% last July to 59.2 billion US dollars with record food and car exports helping to offset higher costs of imported crude.
Wednesday, September 12th 2007 - 21:00 UTC
American dream: One in five in US don't speak English at home

One in five people living in the United States speaks a language at home other than English, according to new Census data showing the wide-ranging effects of immigration.
Tuesday, September 11th 2007 - 21:00 UTC
Six years on, America marks September 11 attacks

Once again, the city will pause for four moments of silence to mark the attacks that killed more than 2,700 people. Family members will lay flowers where the twin towers fell, and the names of victims will be read.
Saturday, September 8th 2007 - 21:00 UTC
Greenspan on bubbles: “fear is far more potent than euphoria”

Current financial turmoil is identical to that seen in earlier stock market crashes, particularly in 1987 and the fallout from the near demise of Long Term Capital Management in 1998, warned former Federal Reserve chairman Alan Greenspan.
Saturday, September 8th 2007 - 21:00 UTC
US jobs data makes jittery global markets plunge sharply

Global markets fell sharply following on United States employment data which triggered wider economic prospects. The surprise 4.000 reduction in the US workforce in August sent the main Dow Jones index down 250 points to 13,113.
Friday, September 7th 2007 - 21:00 UTC
President Bush couldn't make it in the Sydney Opera House

United States President George Bush was not born to act at the Sydney Opera House. He'd only reached the third sentence of Friday's speech to business leaders, on the sidelines of the Asia-Pacific Economic Cooperation forum, when he committed his first gaffe.
Wednesday, September 5th 2007 - 21:00 UTC
Beige Book shows Fed in no rush to cut interest rates

The United States economy is feeling a “limited” impact from the credit re-pricing and weak housing industry, the Federal Reserve said in its Beige Book report Wednesday. The report suggested the Fed may not be in a rush to aggressively cut interest rates despite skittish financial markets.