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US economy thrives while others struggle

America has made significant progress in working off the debt-driven excesses that precipitated a bad recession

Published Sun, Oct 5, 2014 · 09:50 PM

Washington

THE US is proving to be an oasis of prosperity in the midst of a troubled world economy.

Unemployment dropped to a six-year low of 5.9 per cent in September as payrolls rose by a greater-than-forecast 248,000, a Labor Department report showed on Friday. Other data released last week showed US factories had their strongest quarter in more than three years, while exports rose to a record in August.

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International

International

US economy thrives while others struggle

International

OECD upgrades global growth outlook as US outperforms

US official urges China, Russia to declare only humans, not AI, control nuclear weapons

Banking giants race to Riyadh as MBS steps up pressure campaign

Biden now calls ally Japan ‘xenophobic’ along with China, Russia

Japanese companies struggle with yen’s continued weakness

Australia’s March goods trade surplus narrows to more than 3-year low

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