America

US economy grows 3.2% rate in third quarter

The U.S. economy grew at a 3.2 percent annual rate from July through September, slightly slower than previously estimated but…

US economy to grow by $2.5trn under basic income, study finds

If each adult in the United States were handed $1,000 in cash every month, the US economy could grow by…

U.S. household net worth $96.9trn in q3 2017

Rising stock and real estate prices drove U.S. household wealth to $96.9 trillion in the third quarter of this year,…

Venezuela’s economy in free fall, government says a digital currency is the answer

It’s easy to see why digital currencies might appear attractive to politically divided and economically strained nations like Venezuela. If…

US GDP surges to best level since 2014

A second estimate of third-quarter GDP showed the US economy grew at a 3.3% annualized rate. That was stronger than…

US goods trade deficit widens in October, inventories fall

The US goods trade deficit increased sharply in October and inventories declined broadly, which could temper expectations of strong economic…