US confirms disappointing growth in 2016
WASHINGTON: The United States Commerce Department on Tuesday confirmed a picture of sluggish growth in 2016, with the world’s largest economy growing at its slowest...
US business
US private hiring slowed ahead of shutdown
by AFP
Washington: Â US businesses hired at a tepid pace in September as the Washington battle over the budget and debt ceiling headed toward a government shutdown,...
Bank of America to pay $1.7 bn to MBIA to settle dispute
by AFP
NEW YORK: Bank of America and insurer MBIA on Monday announced a $1.7 billion settlement deal resolving their dispute over mortgage securities that soured as...
US consumer spending grew slowly in March
by AFP
Washington: US consumer spending grew slightly in March, the Commerce Department reported Monday, in a fresh sign that higher payroll taxes and government spending cuts...