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U.S. News

U.S. wholesale inventories rise slightly in August
Larger computer stocks and professional equipment used by businesses helped boost U.S. wholesale inventories in the month of August.
Posted on 10-09-2015 at 10:58 AM
Fed awaiting evidence global chill not knocking U.S. off track: Minutes
The U.S. Federal Reserve thought the economy was close to warranting an interest rate hike in September but policymakers decided it was prudent to wait for evidence a global economic slowdown was not knocking America off course.
Posted on 10-08-2015 at 2:15 PM
Bill Gross sues Pimco for $200 million over forced ouster
Bill Gross, the prominent bond investor, has sued his former employer Pacific Investment Management Co and its parent Allianz SE for $200 million, claiming that he was wrongfully ousted by a "cabal" of executives who wanted his share of the bonus pool.
Posted on 10-08-2015 at 11:44 AM
U.S. jobless claims test 42-year low as labour market tightens
The number of Americans filing new applications for jobless benefits fell more than expected to near a 42-year low last week, pointing to ongoing tightening in the labour market despite the recent slowdown in hiring.
Posted on 10-08-2015 at 10:10 AM
Big U.S. firms hold $2.1 trillion overseas to avoid taxes: Study
The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday.
Posted on 10-06-2015 at 10:55 AM
U.S. trade deficit widens as exports sag, imports from China surge
U.S. exports took a hit from an ailing global economy in August and imports from China surged, fueling the largest expansion of America's trade deficit in five months.
Posted on 10-06-2015 at 8:58 AM
U.S. says BP to pay $20 billion in fines for 2010 oil spill
BP Plc will pay more than $20 billion in fines to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago, marking the largest corporate settlement of its kind in U.S. history, Attorney General Loretta Lynch said on Monday.
Posted on 10-05-2015 at 1:04 PM
Prick asset bubbles with rates? Fed officials split
The question of whether the Federal Reserve should adjust interest rates to deflate risky financial market bubbles split some top Fed policymakers on Friday, suggesting the controversial idea is re-emerging as the U.S. central bank approaches an historic policy tightening.
Posted on 10-02-2015 at 2:20 PM

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