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US economy

US company results in industrial, materials sectors could shed light on inflation woes

NEW YORK: Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key...

Published 21 Oct, 2021 11:40am

World

Higher prices help to boost US retail sales in September

Retail sales increase 0.7% in September
Higher prices contributed to boosting receipts
Core retail sales rise 0.8%; August revised slightly up

Updated 15 Oct, 2021 07:23pm

World

US quits hit record high in August; hiring falls

Job openings drop 659,000 to 10.4 million in August
Voluntary quits increase 242,000 to 4.3 million
Hiring posts biggest drop in eight months

Published 12 Oct, 2021 09:11pm

World

US economy adds 194,000 jobs in September

Local government education lost 144,000 jobs, and state government education shed 17,000 positions during the season

Published 08 Oct, 2021 06:03pm

World

Senators on brink of stop-gap fix to US debt crisis

WASHINGTON: US senators neared agreement in the small hours of Thursday to stave off a catastrophic credit default...

Published 08 Oct, 2021 04:30am

Markets

Stocks rally as US set to avoid debt default

LONDON: Stock markets around the world rallied Thursday as a deal looked set to temporarily resolve a political...

Published 08 Oct, 2021 04:30am

World

Senators on brink of stop-gap fix to US debt crisis

WASHINGTON: US senators neared agreement in the small hours of Thursday to stave off a catastrophic credit default...

Published 07 Oct, 2021 12:49pm

World

Fed asks watchdog to review officials’ trading

WASHINGTON: The Federal Reserve has asked its watchdog to investigate the trading activities of senior officials, ...

Published 06 Oct, 2021 04:17am

World

Biden struggles to secure his 'New Deal' to transform US economy

President Biden's "Build Back Better" agenda, the multi-trillion dollar jobs, infrastructure, and climate plan that's on thin ice in Congress now

Updated 04 Oct, 2021 04:34pm

Business & Finance

'YOLO' generation of investors is ready for anything, even a crash

NEW YORK: Wall Street has been a booming place over the past year and a half even as the wider US economy has...

Published 30 Sep, 2021 10:09am

World

US new home sales beat expectations; supply increases

New home sales increase 1.5% in August; July revised up
Median sales price rises 20.1% from year ago

Published 24 Sep, 2021 09:10pm

OECD lowers global, US economic growth forecasts

PARIS: The OECD warned Tuesday of an “uneven” global economic recovery as it lowered its 2021 growth forecasts...

Updated 22 Sep, 2021 09:42am

Republicans withhold support for US debt ceiling increase

WASHINGTON: Republican leaders in Congress on Tuesday continued to withhold support for efforts by the Democratic...

Published 16 Sep, 2021 03:16am

Markets

Wall Street Week Ahead: Investors eye wobbling energy sector as gauge for Delta fears

NEW YORK: Energy stocks are becoming a popular bellwether for concerns over how deeply the Delta variant of the...

Published 13 Sep, 2021 05:46am

Markets

Asian markets hit by recovery worries as tech drags Hong Kong

After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in light of the fast-spreading Delta variant

Published 09 Sep, 2021 10:34am

Business & Finance

Soaring Covid-19 infections restrain US job gains in August

WASHINGTON: The US economy created the fewest jobs in seven months in August as hiring in the leisure and ...

Published 04 Sep, 2021 06:04am

Business & Finance

Yields slip after Powell shows no hurry for bond taper

NEW YORK: US Treasury yields fell on Friday after Federal Reserve Chair Jerome Powell gave no new hints on when the...

Published 30 Aug, 2021 06:33am

Fed chief signals US economy may be ready for less stimulus by year end

WASHINGTON: The US economy and labor market have healed to the point that the central bank could begin to withdraw...

Published 29 Aug, 2021 04:02am

Markets

Fed's Powell in spotlight as markets await taper plans

Powell's speech is not likely to provide any breaking insights, said veteran Fed-watcher Mickey Levy of Berenberg Capital Markets

Published 27 Aug, 2021 09:58am

Business & Finance

US Q2 growth raised; corporate profits surge

WASHINGTON: The US economy grew a bit faster than initially thought in the second quarter, lifting the level of ...

Published 27 Aug, 2021 04:52am

Business & Finance

Early trade: Dollar slips further as oil jumps

NEW YORK/LONDON: The dollar eased further on Tuesday as risk-related currencies benefited from rising commodity...

Published 25 Aug, 2021 04:43am

US employment growth through March revised modestly lower

WASHINGTON: The US economy likely created 166,000 fewer jobs in the 12 months through March than previously...

Published 19 Aug, 2021 03:56am

Business & Finance

US import price increases slow in July

WASHINGTON: US import prices increased less than expected in July, a sign that inflation pressures may have peaked ...

Published 14 Aug, 2021 03:41am

World

US import price increases slow in July

Import prices rose 0.3% last month after jumping 1.1% in June
Imported fuel prices advanced 2.9% last month after rising 5.5% in June. Petroleum prices gained 2.1%

Published 13 Aug, 2021 06:28pm

World

US Senate approaches finish line on $1 trillion infrastructure bill

The first bill, which sits atop Democratic President Joe Biden's domestic agenda and includes $550 billion in new spending on roads, bridges and internet access, cleared an important procedural hurdle

Published 09 Aug, 2021 06:08pm

World

US job growth solid in July; unemployment rate falls to 5.4%

Nonfarm payrolls increased by 943,000 jobs last month after rising 938,000 in June
Estimates ranged from as low as 350,000 to as high 1.6 million
The unemployment rate fell to 5.4% from 5.9% in June

Published 06 Aug, 2021 06:09pm

Fed backs interest rates liftoff in 2023

WASHINGTON: The US economy is on track by the end of next year to meet the employment and inflation hurdles the...

Published 05 Aug, 2021 04:35am

Business & Finance

Dollar down again

NEW YORK/LONDON: The dollar eased again on Monday as markets continued to embrace risk following statements from...

Published 03 Aug, 2021 04:35am

Business & Finance

Australia, NZ dlrs lift from one-week lows on benign Fed

SYDNEY: The Australian and New Zealand dollars inched higher on Thursday against their US counterpart which hit a...

Published 30 Jul, 2021 05:10am

Business & Finance

Dollar at 1-month low after Fed knock; US data disappoints

NEW YORK: The dollar slipped to a one-month low on Thursday, a day after the US Federal Reserve's reassurance that...

Published 30 Jul, 2021 05:10am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Oct 22 786 Investments Limited(786)	7.19 ▼ 0.00 (0.00%)
AL- Abbas / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	776.39 ▼ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 22 Attock Cement Pakistan Limited(ACPL)	137.93 ▼ 0.00 (0.00%)
Adam Sugar / Oct 22 Adam Sugar Mills Limited(ADAMS)	31.74 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Oct 22 786 Investments Limited(786)	7.19 ▼ 0.00 (0.00%)
AL- Abbas / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	776.39 ▼ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 22 Attock Cement Pakistan Limited(ACPL)	137.93 ▼ 0.00 (0.00%)
Adam Sugar / Oct 22 Adam Sugar Mills Limited(ADAMS)	31.74 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 22	173.95
USD PKR Interbank Buying / Oct 22	173.80
USD to Japanese Yen / Oct 22	113.85
USD to Swiss Franc / Oct 22	0.92
Pound Sterling to USD / Oct 22	1.38
Euro to USD / Oct 22	1.16
UK LIBOR % / Oct 22	0.07

Stock	Volume
S&P 500 / Oct 22	4549.78
India Sensex / Oct 22	60923.50
Tokyo Nikkei / Oct 22	28590.46
Nasdaq / Oct 22	15215.70
Hang Seng / Oct 22	26017.53
FTSE 100 / Oct 22	7190.30
Dow Jones / Oct 22	35603.08
Germany DAX 30 / Oct 22	15472.56
France CAC40 / Oct 22	6686.17

Item	Value
Crude Oil / Oct 22	82.29
Karachi Cotton Assoc. / Oct 22	14880.00
Gold 10 Grams / Oct 22	97900.00
Gold Spot / Oct 22	1784.95
Cotton / Oct 22	106.14

US economy

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