US economy

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…

Goldman Sachs launches $5bn fund with China to give US companies better access, says CEO

Lloyd Blankfein said Thursday that Goldman Sachs' agreement to establish a $5 billion investment vehicle with China's sovereign wealth fund…

US economy likely slowed in third quarter, effects of hurricanes Harvey, Irma, survey reveals

The economic growth of United States of America probably slowed in the third quarter as hurricanes Harvey and Irma restrained…

China data boosts world stocks, commodities as oil jumps

World stocks and commodities rose Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month…

Watching inflation closely but economy is strong, says US Fed’s Yellen

The US economy remains strong and the strength of the labour market calls for continued gradual increases in interest rates…

Software industry growth far outpaces US economy, hits $1.14trn

Amid discussions about the slow pace of growth in the US economy, software’s economic impact is surging – adding $1.14…

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