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Janet Yellen says US growth rate needs to slow amid full employment

Janet Yellen says US growth rate needs to slow amid full employment

Wed, Sep 20, 2023

U.S. gross domestic product is still expanding at a pace well above what Federal Reserve officials regard as the non-inflationary growth rate of around 1.8 per cent, often referred to as the "potential" growth rate.

Trump, in fiery speech in Alabama, boasts he needs 'one more indictment to close out this election'

Trump, in fiery speech in Alabama, boasts he needs 'one more indictment to close out this election'

Sat, Aug 05, 2023

Former US president Donald Trump, fresh off his third appearance in court as a criminal defendant, delivered a speech full of defiance and bluster on Friday night, insulting prosecutors and declaring that the charges he faces only help his 2024 presidential campaign.

US fines robocallers record $300 million, blocks billions of scam calls

US fines robocallers record $300 million, blocks billions of scam calls

Fri, Aug 04, 2023

The US Federal Communications Commission (FCC) has issued a record-breaking $300 million fine for auto warranty scam robocalls made by the largest illegal robocall operation the agency has ever investigated.

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China asks some banks to reduce or delay dollar buying, sources say

China asks some banks to reduce or delay dollar buying, sources say

Wed, Aug 02, 2023

China's currency regulators are asking some commercial banks to reduce or postpone their purchases of US dollars in order to slow the yuan's depreciation, two people with direct knowledge of the matter said.

No loss to India due to removal of retaliatory customs duties on eight US products: Minister

No loss to India due to removal of retaliatory customs duties on eight US products: Minister

Fri, Jul 21, 2023

The removal of retaliatory customs duties on eight American products, including apples, walnuts, and lentils, will not result in a loss to the country, Parliament was informed on Friday.

India's Russian oil imports now double of Iraq - Check out where the US stands

India's Russian oil imports now double of Iraq - Check out where the US stands

Sun, Apr 09, 2023

India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq - the nation's traditional top oil supplier.

Chinese spy balloon spotted over US airspace

Chinese spy balloon spotted over US airspace

Fri, Feb 03, 2023

The US government acted immediately to protect against the collection of sensitive information.

US FAA outage LIVE: Flight traffic resuming in United States

Wed, Jan 11, 2023

US FAA system outage news LIVE UPDATES: Over 1,200 flights were grounded in the United States following a massive computer glitch on the Federal Aviation Administration's (FAA) computer, as per an advisory issued by the US Air Traffic Control System Command Center (ATSCC) on Wedn

Hundreds of flights grounded as US Federal Aviation Administration experiences computer outage

Hundreds of flights grounded as US Federal Aviation Administration experiences computer outage

Wed, Jan 11, 2023

The outage comes as a result of the failure of the Notice to Air Missions system, which alerts pilots and other personnel about airborne issues and other delays at airports across the country.

Rocky time in US-China ties? Nancy Pelosi to visit Taiwan today despite Beijing warning

Rocky time in US-China ties? Nancy Pelosi to visit Taiwan today despite Beijing warning

Tue, Aug 02, 2022

Kirby said that nothing about Pelosi`s possible trip changed U.S. policy toward Taiwan, and that Beijing was well aware the division of powers within the U.S. government meant Pelosi would make her own decisions about the visit.

Gold Price Today: Yellow metal raises post US Fed meeting; Silver up over 1%

Gold Price Today: Yellow metal raises post US Fed meeting; Silver up over 1%

Thu, Dec 16, 2021

India Gold MCX February futures were trading above 48,300 per 10 gm on Thursday, tracking positive trend seen in the international spot prices which rose on soft dollar post the US Federal Reserve meeting.

US authorises Covid-19 boosters for younger teenagers amid Omicron fears

US authorises Covid-19 boosters for younger teenagers amid Omicron fears

Fri, Dec 10, 2021

The US Centers for Disease Control and Prevention (CDC) has recommended individuals 16 and 17 years of age get a booster shot of the Pfizer-BioNTech Covid-19 vaccine at least six months after completing their first two doses.

Tesla launches electric quad bike in US for kids

Tesla launches electric quad bike in US for kids

Thu, Dec 02, 2021

The four-wheel ATV - "Cyberquad for Kids" - is inspired by the Cybertruck model and will begin shipping in 2-4 weeks, according to the company website.

Explained: Key Issues, implications of US-China trade talks

Explained: Key Issues, implications of US-China trade talks

Mon, Jan 28, 2019

The two sides are trying to resolve deep differences over China`s trade and intellectual property practices, industrial subsidies and market access to avert an increase in U.S. tariffs on Chinese goods scheduled for March 2.

After declaring discontinuation of its sale, Apple selling iPhone SE devices again in US

After declaring discontinuation of its sale, Apple selling iPhone SE devices again in US

Mon, Jan 21, 2019

However, famed Apple analyst Ming-Chi Kuo raised doubts on the possibility of a new iPhone SE but in July 2018 a research firm claimed that the company has abandoned its plans for a new iPhone SE, the report said.

India vs US vs China vs Pakistan vs Bangladesh: This will be the fastest growing economy in the world

India vs US vs China vs Pakistan vs Bangladesh: This will be the fastest growing economy in the world

Wed, Jan 09, 2019

The GEP presented a gloomy outlook for the world as a whole: Growth was projected to slow to 2.9 per cent for the current year, down from the estimated 3 per cent for the last year and to grow only by 2.8 per cent in the next two years. It blamed trade tensions and slowdown in manufacturing for the pessimism.

Private equity sees opportunity for growth in China's logistics sector

Private equity sees opportunity for growth in China's logistics sector

Wed, Aug 24, 2016

When US private equity heavyweight Warburg Pincus started looking at China's logistics sector in late 2009, there were more modern warehouses in Boston than in the whole of the world's most populous country.

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