[WASHINGTON] US construction spending fell to a one-year low in June, weighed down by declines in outlays on private and public construction projects.

[WASHINGTON] US manufacturing expanded in July at the fastest pace since March 2019 as more factories boosted production in the face of firmer orders and lean inventories.

[WASHINGTON] The US economy could benefit if the nation were to "lock down really hard" for four to six weeks, a top Federal Reserve official said on Sunday, adding that Congress can well afford...

WALL STREET INSIGHT

IT'S a tale of two markets as global technology companies thrive in the pandemic era while travel companies and retailers cling on for dear life.

[WASHINGTON] Ratings agency Fitch on Friday downgraded the outlook for the United States to negative from stable, warning of high debt and deficits made worse by the coronavirus downturn.

AN INDEX of US pending home sales exceeded forecasts in June as borrowing costs fell, adding to evidence that the housing market is the bright spot in an economy stunted by Covid-19.

THE surge in US Covid-19 cases is beginning to weigh on economic activity, the head of the Federal Reserve said on Wednesday, and he promised the US central bank would "do what we can, and for as...

IN SOUTH-WEST San Francisco near San Francisco State University and championship golf courses, Brookfield Properties is redeveloping its Stonestown Galleria in perhaps the most disruptive retail...

[WASHINGTON] US consumer confidence ebbed in July amid a flare-up in Covid-19 infections across the country, which is threatening the economy's recovery from an unprecedented recession caused by...

[SINGAPORE] Oil prices were steady on Tuesday, erasing gains earlier in the session, as rising coronavirus cases dampened the outlook for demand and countered optimism over more US stimulus.