Page 35 - Us Economy

Trump says Covid-19 aid talks have restarted, good chance for deal

The Republican president also said discussions include a second round of $1,200 direct payments to individuals.

Asian shares to open higher on renewed US economic stimulus hopes

The Dow Jones Industrial Average rose 1.91%, the S&P 500 gained 1.74% and the Nasdaq Composite added 1.88%

Oil prices decline over 2% on US stimulus impasse, stockpile rise

Brent crude futures were down $1.05, or 2.5 per cent, to $41.60 a barrel by 7.33 pm (IST) and US West Texas Intermediate (WTI) crude declined $1.19, or 2.9 per cent, to $39.48

Wall Street jumps 1% at open, shaking off Donald Trump's stimulus shock

The Dow Jones Industrial Average rose 198.60 points, or 0.72%, at the open to 27,971.36.

US trade deficit hits 14-year high, rises to $67.1 billion in August

The US trade deficit rose in August to the highest level in 14 years

Donald Trump calls off US coronavirus relief talks with Democrats

In recent days, financial markets were hopeful progress toward a Covid-19 vaccine and another round of economic stimulus from Congress would boost the US economy

Wall Street ends lower after Trump calls off coronavirus relief talks

Stocks were higher before the remarks, but reversed course after Trump made the comments on Twitter

Covid-19 impact: US commercial bankruptcy filings up 33% so far this year

Filings by individuals, however, are lower so far this year courtesy of government relief efforts.

Wall Street closes lower as Donald Trump tests positive for Covid-19

Tech shares weighed heaviest on the indexes, but the blue-chip Dow's losses were mitigated by gains in economically sensitive cyclical stocks

Slow recovery: US jobs rise less than forecast in September amid Covid-19

Nonfarm payrolls increased by 661,000 following an upwardly revised 1.49 million advance in August, according to data Friday from the Labor Department

US House gives approval to Democrats' $2.2-trn coronavirus aid plan

Objections from top Republicans are likely to doom the House Democrats' plan in the Senate. Senate Majority Leader Mitch McConnell has called the $2.2 trillion price tag "outlandish"

Unlock 5.0, hopes of US Covid stimulus lift Sensex, Nifty over 1.5%

Sensex, Nifty post weekly gains of 3.5 per cent

American, United Airlines to lay off 32,000 as US aid talks drag on

The job cuts ramp up the pressure on Mnuchin and House Speaker Nancy Pelosi as they haggle over an economic relief plan, with Democrats calling for $2.2 trillion

US economy falls 31.4% in spring; may shrink for the first time since 2009

The government will not release its July-September GDP report until Oct. 29, just five days before the presidential election

US economy plunges record 31.4% in spring but big rebound expected

The US economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter that just ended

US election: Rise in consumer confidence could boost vote for Donald Trump

Confident consumers are more likely to part with their cash rather than saving it, and stronger household spending lifts the economy

Trump vs Biden: Wall Street treads water ahead of first presidential debate

11 major S&P 500 sectors were split down the middle in early trading with five falling and energy stocks and financials, which bounced strongly in the previous session, giving back most of their gains

IT shares gain on US stimulus hope; TCS, Infosys near record highs

The IT index outperformed the market in the April-June (Q1FY21) quarter

Explained: The $4 trillion US government relies on individual taxpayers

Corporations pay just a fraction of what individuals do into the federal spending pool, which funds the military, transportation safety, veterans benefits, regulatory agencies and programs like NASA

Donald Trump paid $750 in tax in US, $145,400 in India, says report

The US president paid no tax at all for 10 years, according to an NYT report that analysed his returns for 20 years