Economy

Biden Signs Bill Raising US Debt Limit, Averting Default

Without the increase in the debt ceiling, the U.S. Treasury had estimated it would run out of money to pay the nation's bills on Oct. 18.

Oct 15, 2021

By Reuters

Singapore assets under management growth declines year-on-year

Singapore GDP Grows at Slower Pace of 6.5% in Q3; MAS Tightens Singdollar Policy

This was a slowdown from the 15.2 percent year-on-year growth in the previous quarter.

Oct 14, 2021

By Nirmeeti Patole

Stock rotation to continue as Fed seen open to 2016 hike

Treasury Secretary Yellen Says She's Confident Congress will Pass Global Minimum Tax

The actions to bring the US into compliance with the global minimum tax would likely be included in the reconciliation budget bill.

Oct 11, 2021

By Reuters

fed-chief-says-delta-variant-can-pose-risks-to-us-economy

US House Approves Bill to Suspend Debt limit, Avoid Government Shutdown

The move comes as Washington grapples with the twin deadlines of funding the government and raising the debt limit.

Sep 22, 2021

By Reuters

House Democrats Working on Sweeping Taxation Plan; Corporate Rate to Hit 26.5%

President Joe Biden had proposed raising the current rate to 28 percent.

Sep 13, 2021

By IBTimes APAC Desk

Economic Costs of Racial Disparities in the US is a Whopping $51 Trillion - Research

The paper maps out what GDP would have been if gaps in the labor market didn't exist.

Sep 9, 2021

By Reuters

IMF Gives Liquidity Boost to Global Economy With $650 Billion SDR Distribution

IMF's largest-ever distribution of monetary reserves will give additional liquidity for the global economy and supplement member countries' foreign exchange reserves.

Aug 23, 2021

By Reuters

Coronavirus

Senate Set to Vote on $1 Trillion Bipartisan Infrastructure Bill

Passing any major legislation is difficult given the 50-50 split between Democrats and Republicans in the Senate.

Aug 10, 2021

By Reuters

Coronavirus

US economy expands 1.4% in fourth quarter; corporate profits fall

US Labor Market Powers Ahead with Strong Job Gains, Lower Unemployment Rate

Nonfarm payrolls increased by 943,000 jobs last month, the largest gain since August 2020, the survey of establishments showed.

Aug 7, 2021

By Reuters

Coronavirus

New $1,000 Stimulus Check for Americans: Find Out Who's Eligible to Get Additional Payment

States and school districts across the US are sending teachers one-time "thank you" bonuses using stimulus funds.

Jul 25, 2021

By Nirmeeti Patole

Coronavirus

China's Q2 GDP Numbers Reveal Uneven Economic Recovery; 2nd Half to be Bumpier

Even as manufacturing records significant growth, the point of worry for China is the fact that domestic consumption remains week.

Jul 15, 2021

By Jacob J

Coronavirus

Senate Democrats Push for Massive $3.5 Trillion ''Human Infrastructure' Spending

The plan would seek raising more tax revenue, but will he prohibit further tax load on small businesses and people making less than $400,000.

Jul 14, 2021

By Jacob J

Coronavirus

Upsurge in Virus Variants Threatens Global Economic Recovery, Says G-20

G20 decides to frame new rules aimed at stopping multinationals shifting profits to low-tax havens.

Jul 11, 2021

By Reuters

Coronavirus

Labor Market Recovery From Pandemic Continues to be Choppy, Jobs Data Shows

The data comes on the heels of an encouraging monthly jobs report from the Labor Department last Friday.

Jul 8, 2021

By Reuters

Coronavirus

US Jobs Gain Largest in 10 Months; Employers Raise Wages, Sweeten Perks

Politicians, businesses and some economists have blamed enhanced unemployment benefits, including a $300 weekly check from the government, for the labor crunch.

Jul 3, 2021

By Reuters

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BLOGS AND FEATURES

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

By Reuters

Previous 1 of Next

Economy

Biden Signs Bill Raising US Debt Limit, Averting Default

Singapore GDP Grows at Slower Pace of 6.5% in Q3; MAS Tightens Singdollar Policy

Treasury Secretary Yellen Says She's Confident Congress will Pass Global Minimum Tax

US House Approves Bill to Suspend Debt limit, Avoid Government Shutdown

House Democrats Working on Sweeping Taxation Plan; Corporate Rate to Hit 26.5%

Economic Costs of Racial Disparities in the US is a Whopping $51 Trillion - Research

IMF Gives Liquidity Boost to Global Economy With $650 Billion SDR Distribution

Senate Set to Vote on $1 Trillion Bipartisan Infrastructure Bill

US Labor Market Powers Ahead with Strong Job Gains, Lower Unemployment Rate

New $1,000 Stimulus Check for Americans: Find Out Who's Eligible to Get Additional Payment

China's Q2 GDP Numbers Reveal Uneven Economic Recovery; 2nd Half to be Bumpier

Senate Democrats Push for Massive $3.5 Trillion ''Human Infrastructure' Spending

Upsurge in Virus Variants Threatens Global Economic Recovery, Says G-20

Labor Market Recovery From Pandemic Continues to be Choppy, Jobs Data Shows

US Jobs Gain Largest in 10 Months; Employers Raise Wages, Sweeten Perks

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut