US economy

US economy

Wall Street. Photo :Reuters

Investors celebrate Biden winning US presidency

Major US stock indexes registered their biggest weekly gains since April this week, as investors bet Biden would win and Republicans would hold onto the Senate

Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington. DREW ANGERER/GETTY IMAGES

Welcome to the worst election outcome for the global economy

Democrat Joe Biden has enjoyed a solid lead over Trump in the national polls for months, but US presidential elections are not decided by the popular vote MANDEL NGAN, JIM WATSON AFP/File

Voters favor Biden on virus, Trump on economy

Photo: Collected

Dollar holds gains on US election caution, Covid-19 cases

Photo: Reuters

US economy's rebound sets up test of Fed's new pledge

US President Donald Trump and China's President Xi Jinping during a business leaders event in November 2017. Photographer: AFP/Bloomberg

Analysis: China and US economies diverge over coronavirus response

Arizona and Texas have got economic boost from housing construction, which has been among the first industries to recover nationally, while states reliant on in-person services have lagged. Photo: Collected

Why New York is in a depression and Texas is not

A crisis with long-lasting implications. Photo: Getty Images via Bloomberg

How the 1970s changed the US economy

People enjoy outdoor dining amid the coronavirus disease (Covid-19) outbreak in Manhattan, New York City, US, September 14, 2020. Photo:Reuters

Perpetual recession? Recovery in a year? Economists deeply divided on US future

FILE PHOTO: Workers assemble a Ford truck at the new Louisville Ford truck plant in Louisville, Kentucky, US September 30, 2016. REUTERS/Bryan Woolston

US debt size to surpass its economy next year

According to an updated report by the Economic Relations Department, in the first four months of FY21, the development partners pledged a total of $1,233.47 million. File Photo: Reuters

Dollar loses out, yuan soars amid doubts about US economy

FILE PHOTO: Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, US June 18, 2020. REUTERS/Bryan Woolston/File Photo

US consumer prices push higher; high unemployment likely to keep lid on inflation

FILE PHOTO: Two men walk down a ramp to the parking lot for The Varsity restaurant days before the phased reopening of businesses and restaurants from coronavirus disease (COVID-19) restrictions in Atlanta, Georgia, US April 22, 2020. REUTERS/Elijah Nouvelage

US GDP contracts by 32.9% in Q2, worst economic decline on record