Employers trimmed jobs from their payrolls in June for the sixth straight month, as the government’s closely watched report Thursday showed continued weakness in...

The US economic growth is all set to slow down during the first half of 2008, as the possibility of a recession is increasingly becoming likely. This has been the...

The current economic situation of the world seems to be iterating the fact that the new world is now recognizing the capabilities and potentials of the third world...

Asian markets plunged on Wednesday on speculation that the US economy is sliding into a recession that could lead to a global slowdown.

China reacting to the recent policy development in Washington advised the US Congress on Thursday to stay away from a planned bill that might lead to tariffs on its...

The Federal Reserve in its latest Beige Book report on the economy gave a more encouraging assessment of US regional economies, as manufacturing and job growth picked...

The US Congress last night increased pressure on the White House to enforce protectionist measures against Chinese imports after the Bush administration shown its...

The US government has reported a $67.70 billion budget deficit in May; marking a 58 percent increase from the deficit of $42.91 billion posted a year before in May...

The US trade deficit narrowed sharply as exports reached a record in April, according to the latest government figures that augured well for the American economy. The...

A lethargic first quarter economic growth compelled the Bush administration to lower its US economic growth estimate for 2007. The White House has announced that it...

The US worker productivity grew at a slower pace than the government initially estimated in the first quarter, driving up labor costs and strengthening concerns about...

The US businesses boosted their capital spending in April as new orders for manufactured durable goods to American factories increased by 0.3 percent in April, marking...

The US economy strengthened in May, as a robust job growth encouraged consumers to give a boost to their spending regardless of the housing slump and high energy...

The US Treasury Secretary Henry Paulson, concluding a meeting with China’s top level delegation, said the negotiations have produced ‘tangible...

In an unprecedented development that highlights Beijing’s yearning to strike into the private equity boom, the Chinese government has decided to invest $3 billion...

Amid intensifying economic dispute between China and the US, China’s central bank announced that it would begin allowing the country’s currency to fluctuate...

Federal Reserve Chairman Ben Bernanke has said that the financial system can survive the fallout from the subprime-mortgage market ‘without serious...

The condition of the US housing market was uncertain after a mixed bag of government report showed the pace of home construction rising by more than expected in April...

US retail sales surprisingly slumped 0.2 percent in April after a revised 1 percent gain the prior month, the US Commerce Department said. Compared with a year ago,...

The US trade deficit surged unexpectedly to beat expectations in March to $63.9 billion, as higher oil prices helped drive total imports to the second highest on...