United States

Friday, May 2nd 2008 - 21:00 UTC
CNN shows Bush as most unpopular US president

A new opinion poll from CNN released Thursday shows that 71% of the US public disapproves of President George Bush handling of his job, making him the most unpopular in modern US history.
Wednesday, April 30th 2008 - 21:00 UTC
Fed cuts rate to 2%; forecasts soft growth in next quarters

The United States Federal Reserve cut on Wednesday its key interest rate 25 points from 2.25% to 2% as it aims to avoid a possible US recession. It is the seventh rate cut since last September, when the rate was cut from 5.25% to 4.75% and in the range of what markets were expecting.
Thursday, April 24th 2008 - 21:00 UTC
Hillary and Obama determined to fight to the very end

Hopefuls Hillary Clinton and Barack Obama entered Wednesday the final phase of the US Democratic presidential primary with Clinton saying her decisive Pennsylvania win proved she was the best candidate to beat Republican John McCain in the race for the White House.
Thursday, April 24th 2008 - 21:00 UTC
US willing to help Argentina reach accord with Paris Club

Argentina is too an important country to be left out of international money markets, said US Under Secretary of State for Latinamerica Thomas Shannon following his recent visit to Argentina when he met with President Cristina Fernandez de Kirchner.
Monday, April 21st 2008 - 21:00 UTC
US banks report more write downs and hunt for fresh funds

US banks continue in turmoil reporting lower profits, write-downs and hunting for fresh funds Bank of America reported a 77% drop in profits in the first three months of 2008, hit by trading losses and a 6 billion write-down to cover bad loans. National City Corporation from the Midwest admitted it was looking for 7 billion US dollars.
Saturday, April 19th 2008 - 21:00 UTC
Citigroup losses: when bad news becomes good news

New York based Citigroup has suffered a second massive loss and is cutting 9,000 jobs as the credit crisis continues to take its toll on the biggest US bank.
Thursday, April 17th 2008 - 21:00 UTC
Merrill Lynch posts losses of 6.5 billion in first quarter

Merrill Lynch posted its third straight quarterly loss, its first of 2008, after more write-downs linked to the embattled credit markets. The world's largest brokerage lost 6.5 billion US dollars in write downs on subprime mortgages and other risky assets.
Monday, April 14th 2008 - 21:00 UTC
US fourth largest bank looking for 7 billion cash injection

The United States fourth-largest bank Wachovia Corporation reported a 393 million US dollars loss in the first quarter and has been forced to cut its dividend and seek a 7 billion US dollar cash injection to make up its mortgage business.
Wednesday, April 9th 2008 - 21:00 UTC
Safety: American Airlines cancels 500 flights

American Airlines expects to cancel more flights on Wednesday after cancelling about 500 on Tuesday.
Saturday, April 5th 2008 - 21:00 UTC
Unemployment in the US jumps to 5.1% in March

Unite States employers shed 80.000 jobs in March, Labor Department figures have shown, in the latest sign that the US economy may be falling into recession. The decline was the third monthly drop in succession, and worse than market expectations of a 60,000 reduction.