The new approach, which could be unveiled as soon as next month, is likely to result in policy makers taking a more relaxed view toward inf...

Instead of spending on buildings and big machines, companies are investing more in software and hi-tech equipment that is often lighter and...

GDI measures the value of the production of goods and services in the US as the costs incurred and the incomes earned in production.

The US unemployment rate has dropped to 5.6 per cent with the addition of over 2.5 lakh new jobs last month, making 2014 the best year of j...

In 2014, for the first time, the US is now exceeding both Saudi Arabia and Russia in oil production- Jason Furman

President Barack Obama said today with a latest report showing that America has seen the fastest job growth in the first half of the year, ...

Investors are becalmed, with a risk measure that uses options to forecast fluctuations in equities, currencies, commodities & bonds around ...

The govt was shut down for 16 days and reopened on Oct 17 amid a budget dispute in Washington that injected uncertainty into financial mark...

Rajan’s plain speak was aimed at those who argued that the country should approach IMF to negotiate a credit line to avert a 1991-like situ...

Obama has moved with unusual speed to select officials for his administration, and senior Democratic officials say he intends to name Timot...

Detroit automakers and their allies in Congress said on Wednesday Barack Obama's victory could help US automakers line up federal funding n...

The White House in February had forecast that next year's deficit would be $407 billion, which puts the increase in the projections at $72 ...