The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.
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Wednesday 13 February 2013
Great Britain's Fed Cup team face a long trip to Argentina in April after reaching the World Group II play-offs for the second year in succession. If they win in Argentina they will reach a level they haven't been to since 1993.
Tuesday 12 February 2013
The G7 nations’ finance chiefs and central bankers today pledged not to trigger a damaging currency war with deliberate actions to drive exchange rates down.
Friday 01 February 2013
Wednesday 30 January 2013
A drop-off in government spending, along with a reduction in business inventories, led to an unexpected contraction in the US economy at the end of last year.
Thursday 17 January 2013
Outlook Is it time to stock up on shotguns, baked beans and bottled water, and prepare to ride out the coming apocalypse? Efforts to salvage growth by printing hundreds of billions of pounds have raised hackles among plenty of experts worried about rampant inflation. But comparatively few are saying we need to hunker down and prepare for a Mad Max-style future.
Saturday 05 January 2013
Treasury Secretary set to quit before battle over US debt ceiling
Friday 04 January 2013
Talking of the Fed, the minutes of the Federal Open Market Committee's December meeting sparked worries that the central bank might tilt towards withdrawing, or even stopping, its bond-buying measures before 2013 is out. The cause was the evidence of disquiet among some FOMC members about the stimulus measures, which have led to a ballooning of the Fed's balance sheet.
Friday 04 January 2013
Tuesday 13 November 2012
Tuesday 06 November 2012
Outlook: The US is close to fulfilling its energy requirements, further boosting growth
Wednesday 24 October 2012
America's central bankers yesterday reiterated their promise to support the still-weak US economy until it started generating enough jobs, acknowledging bright spots in areas such as housing, but warning that joblessness remained "elevated".
Friday 19 October 2012
Our legendary pedant brushes aside "authentic" place names, finds a missing Reichstag, and shines light on the existence (or not) of shadow spokesmen
Monday 08 October 2012
Confidence among Britain's finance chiefs is bouncing back but fears still remain over the UK slumping back into recession in the next two years, leading consultants have warned.
Friday 05 October 2012
Perhaps a testament to the lack of zingers in the first US presidential debate between Barack Obama and Mitt Romney was the fact that the most memorable line of the evening was Romney announcing that, if elected, he'd cancel any government subsidies to America's public broadcaster PBS, home of Sesame Street (despite Romney's protestations that "I like Big Bird").
Thursday 30 August 2012
The US economy is doing better than expected, new figures out yesterday revealed.
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