US economy

US economy

People shop for clothes at a Target retail chain in Westbury, New York, US, May 20, 2021. REUTERS/Shannon Stapleton/File Photo

US retail sales flat on gasoline price drop; consumer spending resilient

U.S. Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the U.S. Treasury Department in Washington, U.S. July 28, 2022. REUTERS/Jonathan Ernst

Yellen tells IRS not to increase middle-class audits if it gets more funding

Chicago Federal Reserve Bank President Charles Evans speaks during the Global Interdependence Center Members Delegation Event in Mexico City, Mexico, February 27, 2020. REUTERSEdgard Garrido

Fed to raise interest rates to 4% next year: Chicago Fed President

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo

US SEC proposes boosting private fund disclosures on leverage, crypto

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. REUTERS/Brendan McDermid

Softer inflation ‘huge relief’ for battered investors in US stocks and bonds

The Empire State Building and New York’s skyline are seen during the preview of SUMMIT One Vanderbilt observation deck, which is spread across the top four floors of the new One Vanderbilt tower in Midtown Manhattan, in New York City, New York, US, October 18, 2021. Photo :Reuters

How could the new US corporate minimum tax affect companies?

Economists polled by Reuters had forecast factory orders would rise 1.0% in September. Photo: Reuters

US manufacturing slows modestly; excess inventories a major concern

Strong dollar will be a harbinger of hard times for much of the rest of the world. Photo: Reuters

Dollar may crash from 20-year highs if Fed pauses rate hikes: US economist 

The floor of the the New York Stock Exchange (NYSE) is seen after the close of trading in New York, US on 18 March 2020. REUTERS/Lucas Jackson

Wall St Week Ahead After steep decline, US small caps tempt investors with cheap valuations

A resident buys food at a local market, in downtown San Francisco, California, U.S., July 13, 2022. REUTERS/Carlos Barria

The US economy is shrinking. The Fed's rate hikes may have only just begun to bite

SunPower Corporation, headquartered in Silicon Valley, equipment technicians install P-Series solar panel manufacturing technology at its Hillsboro manufacturing plant in Hillsboro, Oregon, US, November 7, 2018. REUTERS/Steve Dipaola/File Photo

US economy contracts again in second quarter; jobless claims fall

U.S. Treasury Secretary Janet Yellen speaks during a news conference, ahead of the G20 Finance Ministers and Central Bank Governors Meeting, in Nusa Dua, Bali, Indonesia, July 14, 2022. Made Nagi/Pool via REUTERS

US economy is slowing, but recession not inevitable, Yellen says

U.S. Treasury Secretary Janet Yellen speaks during a news conference, ahead of the G20 Finance Ministers and Central Bank Governors Meeting, in Nusa Dua, Bali, Indonesia, July 14, 2022. Made Nagi/Pool via REUTERS

Yellen says US will impose consequences on countries abusing economic order