[WASHINGTON] US economic activity continued to expand at least modestly in recent weeks but political and trade uncertainty is undercutting optimism, the Federal Reserve said Wednesday.

THE stock market selloff is going to be a significant drag on the US economy this year as wealthy households feel its impact, according to Goldman Sachs Group Inc.

[SINGAPORE] The stock-market sell-off is going to be a significant drag on the US economy this year as wealthy households feel its impact, according to Goldman Sachs Group.

[WASHINGTON] The Federal Reserve can "pause" before taking another step to raise its policy interest rate which "may be closing in on" its final destination, a member of the rate-...

[WASHINGTON] The US economy could take a clear hit from the government shutdown if it continues for a long time, Federal Reserve Chairman Jerome Powell said Thursday.

[WASHINGTON] US central bankers "can afford to be patient" before raising interest rates again, given low inflation and uncertainty about the outlook, according to the minutes of the...

THE BOTTOMLINE

OVER the past 40 years, the US economy has experienced four recessions. Among the four, only the extended downturn of 1979-1982 had a conventional cause. The US Federal Reserve thought that inflation...

[ATLANTA] From rising wages to a slowdown in housing, economic evidence is mounting that the US Federal Reserve is at or near a neutral level of interest rates where it can take stock of where the...

[WASHINGTON] US Federal Reserve Chairman Jerome Powell tried to reassure financial markets on Friday that rising interest rates were not locked in and reasserted the central bank's independence...

[WASHINGTON] The United States had a batch of chilling economic news on Thursday, deepening a Wall Street sell-off and putting a nagging question front and centre: are the good times really over?