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Latest from us economy

US job growth beats expectations in October; unemployment rate rises to 3.7%

US Economy: Nonfarm payrolls increased 261,000 last month, the Labor Department's closely watched employment report showed on Friday.

US Economy: A
US Economy: A "We Are Hiring" sign is posted in front of a restaurant in Los Angeles, California.(AFP)
Updated on Nov 04, 2022 06:18 PM IST

Watch: Nothing, just Joe Biden eating ice cream. He chose the flavour…

Joe Biden: “I’m not concerned about the strength of the dollar. I’m concerned about the rest of the world. Our economy is strong as hell,” Joe Biden asserted.

Joe Biden: US President Joe Biden speaks as he stops for ice cream at Baskin Robbins in Portland, Oregon.(AFP)
Joe Biden: US President Joe Biden speaks as he stops for ice cream at Baskin Robbins in Portland, Oregon.(AFP)
Updated on Oct 16, 2022 03:49 PM IST

'US economy strong as hell… concerned about the world': What Joe Biden said

Joe Biden On US Economy: “So the problem is the lack of economic growth and sound policy in other countries, not so much ours,” Joe Biden said.

Joe Biden On US Economy: US President Joe Biden speaks in Portland, Ore.(AP)
Joe Biden On US Economy: US President Joe Biden speaks in Portland, Ore.(AP)
Updated on Oct 16, 2022 12:17 PM IST

Bangladesh won't face crisis like Sri Lanka: Sheikh Hasina on post-Covid economy

Hasina asserted that because of this measured approach, her country was secure on the economic front. Bangladesh did not take any loan unless it was sure that it would benefit from the project undertaken, she said.

Bangladesh prime minister Sheikh Hasina
Bangladesh prime minister Sheikh Hasina
Published on Sep 04, 2022 11:01 AM IST

US teetering on brink of recession as GDP contracts in second quarter

This could deter the Federal Reserve from continuing to aggressively increase interest rates as it battles high inflation.

A ‘help wanted' sign is displayed in a window in Manhattan.(AFP)
A ‘help wanted' sign is displayed in a window in Manhattan.(AFP)
Published on Jul 29, 2022 03:08 AM IST
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