Tag: US economy

Wall Street closes at record high after Biden takes office – Times of India

NEW YORK: Wall Street greeted new US President Joe Biden by climbing even higher on Wednesday, closing at records amid promises of big economic...

Joe Biden’s first year could see record employment growth – Times of India

NEW DELHI: Joe Biden’s first year in office could go down in history as a record-breaker on the job-creation front, with an explosion in...

Indian students contributed $7.6 billion to US economy last year – Times of India

WASHINGTON: Indian students contributed $7.6 billion to the US economy in the academic year 2019-20, even though there was a 4.4 per cent drop...

US Economy Posts Record Growth of 33% in Q3; Covid-19 Scarring to Last

The U.S. economy grew at a historic pace in the third quarter as the government injected more than $3 trillion worth of pandemic relief...

US economy posts spectacular growth in Q3; Covid-19 scarring to last – Times of India

WASHINGTON: The US economy grew at a record pace in the third quarter as the government injected more than $3 trillion worth of pandemic...

US employment growth slows in September; unemployment rate drops to 7.9% – Times of India

WASHINGTON: US job growth slowed more than expected in September as the recovery from the Covid-19 slump shifts into lower gear amid diminishing government...

Biden, Democratic Victories Would Be Best Outcome For The Economy, Moody’s Says

Topline A victory for Joe Biden over Donald Trump and a Democratic sweep—where Republicans lose the Senate—would result in the biggest rebound in economic...

H-1B visa woes: Nasscom says US’ new executive order based on misperceptions, misinformation – Times of India

(Representative image)NEW DELHI: Industry body Nasscom on Tuesday said US President Donald Trump's executive order against hiring H-1B visa holders for federal contracts "appears...

Slashing $600 Unemployment Benefits Would Be ‘Absolutely Devastating’ For U.S. Economy

TOPLINE With Congress and the White House deadlocked over what to do with the now-expired $600-per-week federal unemployment insurance benefit, millions of Americans are...

Dow Plunges Over 200 Points Amid Record Drop In GDP

TOPLINE The market fell sharply on Thursday after the U.S. economy posted its worst quarter ever—contracting by 32.9% on an annualized basis—while the Nasdaq...

Federal Reserve Places New Restrictions On Banks, Freezing Stock Buybacks And Limiting Payouts

TOPLINE The Federal Reserve on Thursday placed new restrictions on the banking industry for the first time since the aftermath of the 2008 financial...

Dow Falls 250 Points After Federal Reserve’s Grim Economic Outlook

TOPLINE The market finished slightly lower on Wednesday after the Federal Reserve indicated that it would leave interest rates unchanged until 2022, while also...

Federal Reserve Will Keep Interest Rates Near Zero Until 2022

TOPLINE The Federal Reserve announced Wednesday that it kept interest rates near zero and indicated that they’ll likely remain there until at least 2022...

Stocks Open Higher Ahead Of Federal Reserve’s Economic Update

TOPLINE The market opened slightly higher on Wednesday as technology stocks continue to outperform and Wall Street awaits an update on the economy from...

These 10 States Have The Highest Record Unemployment Rates

TOPLINE With the coronavirus pandemic resulting in widespread business shutdown that have wreaked havoc on the U.S. economy, unemployment rose to record highs in...

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