Economy Live

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 projection made by a large number of economists surveyed by Blue Chip. The US economy...

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 countries and economies which are replete with the essentials like manpower and creativity.

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 exports, at the same time assuring additional reforms that would address concerns...

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 up. The economy continued to expand at a moderate pace in most regions of the...

The US Congress last night increased pressure on the White House to enforce protectionist measures against Chinese imports after the Bush administration shown its apprehension to accuse Beijing of maneuvering its currency. Even though the...

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 2006. The US Treasury Department has informed on Tuesday that so far during the first..

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 trade gap dropped by 6.2 percent down from a revised March deficit of $62.4 billion.

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 expects real gross domestic product to expand 2.3 percent this year, against its...

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 inflation. The US Labor Department has reported that the productivity in the...

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 fifth gain in the last six months, the Commerce Department reported on Monday..