United States

Wednesday, June 4th 2008 - 21:00 UTC
Bernanke confirms inflation is the Fed's main concern

Federal Reserve Chairman Ben Bernanke said Wednesday that long term inflationary expectations are concerning but he does not believe the United States will experience the out-of-control prices seen with 1970s oil shocks.
Saturday, May 31st 2008 - 21:00 UTC
Greenspan forecasts no “bubble” threat because of inflation

United States former Federal Reserve Chairman Alan Greenspan said on Friday in Canada that he does not expect another “bubble” in world markets for a long time but warned about the threat of inflation.
Thursday, May 29th 2008 - 21:00 UTC
US economy surprise: 0.9% growth in first quarter

The United States economy performed better than expected in the first quarter of 2008 having expanded 0.9% according to the latest data from the Commerce Department.
Wednesday, May 28th 2008 - 21:00 UTC
Federal Reserve member decides to return to academia

Federal Reserve Governor Frederic Mishkin will leave at the end of August and return to teaching at Columbia University, the United States central bank announced Wednesday.
Thursday, May 22nd 2008 - 21:00 UTC
American Airlines to charge for checked baggage

With oil prices hitting new records almost daily, the nation's largest air carrier, American Airlines, announced drastic steps Wednesday to “remain viable,” including charging new fees for all checked baggage, slashing domestic flights and laying off thousands of workers.
Wednesday, May 21st 2008 - 21:00 UTC
US monetary policy appears appropriately calibrated, says Fed

The US Federal Reserve injected 75 billion US dollars liquidity into the banking system on Tuesday but a monetary “pause” in the near future is possible as the central bank's interest-rate reductions take effect.
Tuesday, May 20th 2008 - 21:00 UTC
US April wholesale inflation takes short rest in April

United States Producer's Price Index increased 0.2% in April following the big 1.1% jump in March but the improvement is likely to be temporary since during April food prices remained unchanged and energy actually dropped, reported the US Labor Department on Tuesday.
Tuesday, May 20th 2008 - 21:00 UTC
Export strength gives US manufacturing brighter outlook

Hopes for something more than a temporary rebound in the US economy anytime soon could be frustrated, but the manufacturing outlook in particular might be somewhat brighter due to continuing strength in exports, according to a new report.
Friday, May 16th 2008 - 21:00 UTC
Newly reinstated US Navy IV Fleet “poses no threat” to region

The commander of United States Southern Command, Admiral James Stavridis reassured Latin American military chiefs that reinstating the US IV Fleet in the region posed no threat and will respect maritime claims, including offshore oil reserves.
Friday, May 16th 2008 - 21:00 UTC
Bernanke urges banks to continue capital-raising efforts

United States Federal Reserve chairman Ben Bernanke urged financial institutions to remain proactive in their capital-raising efforts as market and economic conditions improve but he also called for better risk management amid “ongoing fragility” in the markets.