Janet Yellen Likely to Becom...

November 29, 2013

Federal Reserve deputy chair Janet Yellen is likely to take over as the next head of the United States Federal Reserve, after a US Senate banking committee approved her nomination. Ms Yellen was nomin...

US October Job Creation Exce...

November 08, 2013

US economic progress exceeded expectations in October, with 204,000 jobs added to the economy. Economists and employment experts were pleasantly surprised by the statistics from the Labor Department,...

US Government Shutdown Comes...

October 18, 2013

The United States Congress passed a new measure to prevent default and open US government services. The decision was made to extend the country’s debt ceiling and restore vital government services,...

Fitch Revises US Credit Rati...

October 17, 2013

Global ratings agency Fitch has warned the United States that it may adjust its top rating of the country’s sovereign credit down from AAA as the political disputes in Washington threaten the countr...