US economy

Update news US economy

US economy adds 215,000 jobs in July

 The US economy added 215,000 jobs in July, while the unemployment rate held at a seven-year-low of 5.3%.

US economy expanded between April and May says Federal Reserve

 The US Federal Reserve said the economy grew between April and May in its latest assessment of the economy, rebounding from a contraction in the first quarter.

Federal Reserve officials split over interest rate rise

 Officials at the US's central bank were split about when to raise interest rates, latest minutes released by the Federal Reserve have revealed.

Federal Reserve rate rise before April 'unlikely'

 US Federal Reserve officials do not believe that they will raise the benchmark short-term federal funds interest rate before April, minutes released on Wednesday revealed.

US economy grows faster than first forecast

 The US economy grew much faster in the third quarter than first reported, official figures have shown.

US Fed offers no hint on rate rise as stimulus ends

 The US Federal Reserve has reiterated that it will raise interest rates once a "considerable time" has passed after its stimulus programme ends in October.

Fed chief Yellen says slack remains in US jobs market

US Federal Reserve chair Janet Yellen has said there is still "remaining slack in the labour market".

Obama says 2014 will be 'breakthrough' for US economy

 Citing stronger growth figures, US President Barack Obama says 2014 will be a 'breakthrough year' for the US economy.

US Federal Reserve pulls back on stimulus effort

 The US Federal Reserve has announced a slowdown in its effort to boost the US economy.

Number of Vietnamese students in US on the rise

 VietNamNet Bridge – The number of Vietnamese students in the US in the 2012-2013 academic year increased by 3.4 percent year-on-year, to 16,098,

US economy, confidence hurt by budget showdown

 The US economy and consumer confidence have taken significant hits from a two week federal government shutdown, economists say, and a major dent to already sluggish American growth is expected.

Japan sales tax hike won't hit economy: BoJ governor

 Bank of Japan governor Haruhiko Kuroda has said a government tax-hike plan would not damage the economy, but if it does he "won't hesitate" to adjust monetary easing.

Foreign buying on bourse to decline in H2: expert

VietNamNet Bridge – Foreign investors are forecast to reduce buying on bourse in the second half of this year and their participation may not a positive factor for the local stock market like in the year’s first half,

Fresh start for Congress, but fiscal battles loom

 With nearly 100 new members, the US Congress convened fresh from the year-end "fiscal cliff" fiasco, as lawmakers cast a wary eye towards the tough budget battles ahead.