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US economy

US economy may be heading toward recession: Trump

Washington, Policenama Online - US President Donald Trump said that America could be coping with the novel coronavirus until July or August and the country's economy "may be" heading towards a recession."Well, it may be," Trump said in a…

US economic growth slowed to 2.3% in 2019

Washington, Policenama online -  The US economy expanded at a moderate 2.3 per cent clip in 2019, down from a 2.9 per cent growth rate the previous year and the slowest since President Donald Trump took office in 2017, the Commerce…

US economy strong with 2.1% growth rate in 3Q

Washington, Policenama Online - The US economy remained strong despite the slowdown and showed an annual growth rate of 2.1 per cent in the third quarter of 2019, according to the latest government figures.This is the third and last…

US stocks slightly amid mixed earnings, downbeat data

New York, Policenama Online - US stocks finished Tuesday's session with modest losses, driven by a slew of mixed earnings reports and downbeat economic data.The Dow Jones Industrial Average decreased 19.30 points, or 0.07 per cent, to…

US stocks close lower amid various data

New York, Policenama Online -  US stocks ended lower, wrapping up the week on a negative note, as Wall Street parsed a slew of mixed data, including those related to consumer spending and durable goods, which offered clues for investors to…

Apple says responsible for 2.4mn jobs in US

San Francisco, Policenama Online - Apple has created 2.4 million jobs across all the 50 US states so far, four times the number of American jobs attributable to the company eight years ago. The Cupertino-headquartered company is on pace to…

US stocks trade mixed amid economic data

New York, Policenama online:  US stocks traded mixed on Thursday as investors digested a batch of key economic data.At midday, the Dow Jones Industrial Average was down 11.31 points, or 0.04 per cent, to 26,525.51. The S&P 500 was…