[WASHINGTON] US retail sales increased 1.2 per cent compared to June, a more modest increase than economists had been expecting, held down by a decline in auto sales, according to government data...

[NEW YORK] Activists and relief groups in the United States are scrambling to head off a monumental wave of evictions nationwide, as the coronavirus crisis leaves tens of millions at risk of...

UNPRECEDENTED government stimulus has allowed more companies to borrow at lower rates than ever before. Yet amid the credit boom, smaller companies that power America's economic engine are often...

[WASHINGTON] The number of Americans seeking unemployment benefits dropped below one million last week for the first time since the start of the Covid-19 pandemic in the United States, likely as...

[WASHINGTON] US consumer prices increased more than expected in July, but high unemployment is likely to keep inflation under control, allowing the Federal Reserve to continue pumping money into...

[WASHINGTON] The IMF is too gloomy in its outlook for US growth and oversteps its mandate in calling for Washington to reshape the American economy, a US official said on Monday.

SURGING Covid-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before...

[NEW YORK] The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Federal Reserve Bank of Chicago...

AS THE S&P 500 approaches fresh highs, some investors hope to pick up bargains in the battered US real estate sector, where values of some major stocks have been cut in half this year.

US DATA

US EMPLOYMENT growth slowed considerably in July amid a resurgence in new Covid-19 infections, offering the clearest evidence yet that the economy's recovery from the recession caused by the...