Trends - US GDP - Business Recorder

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Opinion: Masterclass in market bubbles

It’s fascinating how bubbles have routinely confounded the finest minds since the dawn of modern financial ...

Updated 13 Nov, 2025 08:05am

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Market will need justification for consolidation

In a recent development, the government shutdown in the US that occurred during Donald Trump’s first term had a...

Updated 06 Oct, 2025 06:55am

Business & Finance

Dollar gains after GDP contraction

NEW YORK: The US dollar rallied against major currencies on a data-packed Wednesday after a report showed the...

Published 01 May, 2025 06:16am

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Markets staying rather cautiously optimistic?

Following last week’s turbulent session brought on by tariff concerns, the market is calmer now that the matter ...

Published 10 Feb, 2025 05:35am

World

US Fed’s favored inflation measure cools further in June

WASHINGTON: The US Federal Reserve’s favored inflation measure eased further in June, according to government data...

Published 26 Jul, 2024 07:20pm

Markets

Asia stocks down, yen slump keeps markets on intervention alert

SINGAPORE: Asian shares fell and bond yields spiked on nervousness about inflation on Thursday, while the yen’s...

Published 27 Jun, 2024 10:16am

Markets

Gold flat ahead of US data, but set for 4th straight monthly gain

Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead...

Published 31 May, 2024 10:53am

Business & Finance

Dollar sags after US GDP and inflation surprise

NEW YORK: The US dollar eased against most currencies on Thursday in tight seesaw trade after data showed the ...

Published 26 Apr, 2024 04:15am

World

US weekly jobless claims fall to level last seen in Sept 2022

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week to the lowest level...

Published 18 Jan, 2024 06:51pm

World

Fed seen on policy hold until May as inflation edges up

The Federal Reserve is seen holding off on any interest-rate cuts until at least May of next year, after a...

Updated 12 Dec, 2023 10:41pm

World

US consumer prices unexpectedly rise in November

WASHINGTON: U.S. consumer prices unexpectedly rose in November while underlying inflation pushed higher, offering...

Published 12 Dec, 2023 07:03pm

World

US private payrolls miss expectations in November

WASHINGTON: U.S. private payrolls increased less than expected in November as the labor market gradually cools....

Published 06 Dec, 2023 06:29pm

World

US third-quarter economic growth revised up to 5.2%

WASHINGTON: The US economy grew faster than initially thought in the third quarter, but momentum appears to have...

Published 29 Nov, 2023 06:52pm

World

US weekly jobless claims fall; labor market still slowing

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,...

Published 22 Nov, 2023 06:48pm

World

US weekly jobless claims rise more than expected

WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last...

Published 16 Nov, 2023 06:54pm

World

US retail sales fall slightly in October

WASHINGTON: U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing...

Published 15 Nov, 2023 07:09pm

World

US mortgage rates soar to highest in more than 23 years

The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking...

Updated 25 Oct, 2023 10:22pm

World

Fed’s Powell to take the stage amid a suddenly choppy landscape

Federal Reserve Chair Jerome Powell will take the podium in New York on Thursday with his colleagues at the U.S....

Published 19 Oct, 2023 06:49pm

World

US weekly jobless claims unexpectedly fall

WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,...

Published 19 Oct, 2023 06:04pm

World

US consumer prices rise on gasoline and shelter costs in September

WASHINGTON: US consumer prices increased in September amid higher costs for rent and gasoline, but underlying...

Published 12 Oct, 2023 05:51pm

Business & Finance

US government hours from shutdown, funding chaos

WASHINGTON: The US government on Saturday was hours from shutting down after the far right of the Republican Party...

Published 30 Sep, 2023 10:33am

Business & Finance

US GDP revised down in every first quarter from 2020 to 2022

WASHINGTON: US economic activity was either even weaker or not as strong as previously estimated in each of the...

Published 28 Sep, 2023 05:45pm

World

US current account deficit narrows in second quarter

WASHINGTON: The U.S. current account deficit narrowed sharply in the second quarter as surpluses on services and...

Published 21 Sep, 2023 07:01pm

World

US SEC votes on overhaul for $20 trillion private fund industry

NEW YORK: The U.S. securities regulator on Wednesday was set to finalize a sweeping overhaul of private equity and...

Published 23 Aug, 2023 08:02pm

World

US 30-year mortgage rate soars to highest since 2000

The interest rate on the most popular U.S. home loan last week shot to the highest since December 2000, helping...

Published 23 Aug, 2023 05:56pm

World

US existing home sales drop, but prices up from a year earlier

U.S. existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages...

Published 22 Aug, 2023 07:30pm

Markets

US stocks open flat after GDP boost

NEW YORK: US stocks opened broadly flat Thursday, continuing a lackluster display despite a significant upgrade to...

Published 29 Jun, 2023 08:21pm

World

Fed seen holding rates steady this week after inflation data

Federal Reserve policymakers are seen as far more likely to skip raising interest rates this week after government...

Published 13 Jun, 2023 07:41pm

Business & Finance

IMF urges Fed, central banks to keep tightening to reduce inflation

WASHINGTON: The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central...

Updated 08 Jun, 2023 09:32pm

World

US weekly jobless claims increase more than expected

WASHINGTON: The number of Americans filing new claims for unemployment benefits surged last week, suggesting that...

Published 08 Jun, 2023 06:58pm