Business Standard

Page 7 - Us Economic Growth

US economic stimulus: Treasury projects record Q3 borrowing of $947 billion

Treasury officials also announced that the government plans to borrow $1.22 trillion in the October-December period

US economic stimulus: Treasury projects record Q3 borrowing of $947 billion
Updated On : 04 Aug 2020 | 7:39 AM IST

S&P, Dow fall on grim economic data, US election uncertainty, earnings

Investors also fretted ahead of high-profile earnings reports and expiration of enhanced employment benefits

S&P, Dow fall on grim economic data, US election uncertainty, earnings
Updated On : 31 Jul 2020 | 12:57 AM IST

Fed chief Powell says coronavirus surge slowing US economic recovery

Powell's comments, made via videoconference after the Fed announced its policy decision to leave interest rates near zero, suggest dimming hopes for a quick economic rebound

Fed chief Powell says coronavirus surge slowing US economic recovery
Updated On : 30 Jul 2020 | 1:25 PM IST

US GDP in Q2 to contract by annualised rate of 37% due to Covid-19: IMF

The longest economic expansion in US history has been derailed by the unanticipated advent of the Covid-19 pandemic

US GDP in Q2 to contract by annualised rate of 37% due to Covid-19: IMF
Updated On : 18 Jul 2020 | 12:23 PM IST

Fed survey says economic activity has picked up but outlook remains cloudy

And the report said that business contacts in the Fed's 12 regions remained wary about the future

Fed survey says economic activity has picked up but outlook remains cloudy
Updated On : 16 Jul 2020 | 12:57 AM IST

US stocks gain as investors weigh Covid-19 impact on economic recovery

The S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, logged a weekly rise of 6 per cent

US stocks gain as investors weigh Covid-19 impact on economic recovery
Updated On : 12 Jul 2020 | 11:09 AM IST

US may show record rise in monthly retail sales as people return to work

The US economy dropped into recession in February as the viral outbreak brought a record-long expansion to an abrupt end

US may show record rise in monthly retail sales as people return to work
Updated On : 16 Jun 2020 | 1:24 PM IST

Fed keeps key rate at zero, projects 6.5% decline in US GDP this year

The pledge to keep monetary policy loose until the US economy is back on track repeats a promise made early in the central bank's response to the coronavirus pandemic

Fed keeps key rate at zero, projects 6.5% decline in US GDP this year
Updated On : 11 Jun 2020 | 2:37 AM IST

US entered recession in February, ending record-long expansion: Economists

The economists said employment peaked in February and fell sharply afterward, marking the beginning of the downturn

US entered recession in February, ending record-long expansion: Economists
Updated On : 09 Jun 2020 | 12:41 AM IST

No 'silver lining': Donald Trump faces voter backlash amid crises

Some Republicans fear voters are simply worn out by Trump. People are just so disgusted with how things are

No 'silver lining': Donald Trump faces voter backlash amid crises
Updated On : 06 Jun 2020 | 1:14 PM IST

US jobs report surprises analysts, raises hopes of faster economic recovery

Some of the jobs gains reported for May could be a reflection of the Paycheck Protection Program

US jobs report surprises analysts, raises hopes of faster economic recovery
Updated On : 06 Jun 2020 | 12:12 PM IST

US economy shrank at 5% annual rate in Q1, higher than initial estimate

It was the biggest quarterly decline since an 8.4 per cent fall in the fourth quarter of 2008 during the depths of the financial crisis

US economy shrank at 5% annual rate in Q1, higher than initial estimate
Updated On : 29 May 2020 | 2:19 AM IST

US recession to last for longest time, quick rebound unlikely: Economists

The longest U.S. economic expansion has ended, said Gregory Daco, chief economist at Oxford Economics

US recession to last for longest time, quick rebound unlikely: Economists
Updated On : 30 Apr 2020 | 12:04 AM IST

Wall Street drops on oil price crash, earnings anxiety; Dow falls over 1%

Energy stocks shed 1.9% and were on track for their sixth slide in seven sessions as the front-month May US West Texas Intermediate (WTI) contract plunged more than 50%

Wall Street drops on oil price crash, earnings anxiety; Dow falls over 1%
Updated On : 20 Apr 2020 | 11:55 PM IST

Coronavirus: Washington set to deliver $ 2.2 trillion virus rescue bill

Originally scheduled as a non-working pro forma meeting, the session will be extended to a debate on the bill all conducted under social distancing rules to minimize the risk of transmitting the virus

Coronavirus: Washington set to deliver $ 2.2 trillion virus rescue bill
Updated On : 27 Mar 2020 | 7:05 PM IST

Trump's election-year budget cuts social expenditure, projects lofty growth

The proposal again abandons the stated goal of closing the budget deficit in 10 years, instead pushing the target date back to 2035

Trump's election-year budget cuts social expenditure, projects lofty growth
Updated On : 11 Feb 2020 | 6:43 AM IST

Amid impeachment vote, Trump will focus on economic boom in annual speech

President Donald Trump plans to deliver his State of the Union address to a joint session of Congress on Tuesday

Amid impeachment vote, Trump will focus on economic boom in annual speech
Updated On : 01 Feb 2020 | 8:18 AM IST

US seeing world's biggest economic boom, American dream is back, says Trump

Speaking here at the World Economic Forum (WEF) annual meet, whose theme is 'Stakeholders for a Cohesive and Sustainable World', Trump said it is time for optimism and not pessimism.

US seeing world's biggest economic boom, American dream is back, says Trump
Updated On : 21 Jan 2020 | 9:12 PM IST

US retail sales miss the mark in Nov, cast shadow on Q4 economic growth

The Federal Reserve on Wednesday kept interest rates steady and signaled that borrowing costs were likely to remain unchanged at least through next year

US retail sales miss the mark in Nov, cast shadow on Q4 economic growth
Updated On : 13 Dec 2019 | 9:59 PM IST

US trade deficit lowest in 1.5 years; weekly jobless claims at 7-month low

The Commerce Department said the trade deficit tumbled 7.6% to $47.2 billion, the smallest since May 2018, as both imports and exports of goods declined

US trade deficit lowest in 1.5 years; weekly jobless claims at 7-month low
Updated On : 05 Dec 2019 | 10:30 PM IST