US economy
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US Treasury Secretary Yellen downplays recession fears, expects world's biggest economy to grow

Her comments came after JPMorgan Chase Chief Executive Jamie Dimon warned this week that the current crisis is not yet over and will be felt for years to come.

published on : 8th April 2023
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US Treasury Secretary downplays recession fears, expects economy to grow

Her comments came after JPMorgan Chase Chief Executive Jamie Dimon warned this week that the current crisis is not yet over and will be felt for years to come.

published on : 8th April 2023
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A major bank failed. Here's why it's not 2008 again

Silicon Valley Bank's downfall is the largest failure of a financial institution since Washington Mutual collapsed at the height of the financial crisis more than a decade ago.

published on : 12th March 2023
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Lots of sound and fury on US debt, but not a crisis - yet

The debt challenge will keep unfolding over time, meaning that choices may become more severe as the costs of Social Security, Medicare and Medicaid increasingly outstrip tax revenues.

published on : 28th January 2023
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US economy likely slowed but still posted solid growth in Q4

Despite a likely second straight quarter of expansion, the economy is widely expected to slow and then slide into a recession sometime in the coming months.

published on : 26th January 2023
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US Debt ceiling: 2011 showdown leaves lessons for Biden, GOP

Lessons learned from the debt ceiling standoff more than a decade ago are rippling through Washington, as the White House and Congress brace for another fiscal showdown.

published on : 24th January 2023
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India’s growth prospects in the New Year

Economic forecasters are as unsure as astrologers, and the track record of either set on past projections is far from perfect.

published on : 7th January 2023
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H-1B visa holders drive innovation, help build US economy: Lawmakers

Every year, the US grants 85,000 H-1B visas to highly skilled applicants, including roughly 70 per cent for Indians, seeking employment and educational opportunities.

published on : 10th January 2018
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2017: Despite ‘Trump effect', global momentum on climate change gains

Environmental advocates believe that, amidst the shadow of the US decision, 2017 has seen progress in new climate action.

published on : 25th December 2017
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U.S. economy shows strength on eve of Trump presidency

A firming US economy saw a boost in demand for rental housing as well as an unexpected drop in the number of Americans filing for unemployment benefits.

published on : 20th January 2017