U.S.

US to let Andean trade, worker aid programs lapse

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A program to help workers who lost their jobs because of foreign competition and another that provides duty-free treatment for goods from Colombia and Ecuador are expected to expire on Saturday while lawmakers fight over their future.
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US stocks decline on profit taking

U.S. stocks declined in early trade on Wednesday as investors preferred to take profits after the Dow Jones Industrial Average reached its highest level since June 2008 on Tuesday.
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Business Traveler At Detroit Airport

For US, business travel is in

Overcoming the blues of recession, US companies’ spend on business travel in 2010 increased by 5.3 percent for an average of $96,851, and is expected to advance by 5 percent in 2011.
 GE to host electric vehicle tour in US

DOE sets 1 million electric vehicles as target by 2015

The ambitious project of installing 1 million electric vehicles on American highways by 2015 is ambitious and also achievable based on steps already taken as part of the Recovery Act and additional policy initiatives proposed by President Obama, the US Department of Energy said in a statement today.
FDA Approves Regeneron for Wet Age-Related Macular Degeneration.

FDA approves First Pacemaker, apt for safe MRI scans

The US Food and Drug Administration FDA on Tuesday approved the first pacemaker system -- produced by medical device giant Medtronic Inc and designed to be used safely during certain magnetic resonance imaging (MRI) exams.
Southern Sudan Referendum Commission (SSRC) chairperson Mohamed Ibrahim Khalil (L) hands out the results of the referendum to Sudan's President Omar Hassan Al Bashir.

Violence, repression remain as Sudan splits

Even as results of a landmark vote show the people of Southern Sudan have decided to form a new nation and international leaders congratulate them, recent reported violent incidents in the North and South indicate that peace in the embattled nation is fragile.
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US stocks open with gains on deal news

U.S. stocks advanced in early trade on Monday with the S&P 500 Index gaining 4.88 points, or 0.37 percent, to trade at 1,315.75 at 9:50 a.m. EDT. The Dow Jones Industrial Average advanced 36.63 points, or 0.30 percent, to trade at 12,128.78. The Nasdaq Composite Index gained 0.31 percent.
A group of tourists on Segway personal transporters take a guided tour of Capitol Hill in Washington. Americans surveyed seemed to suggest that the economy-rattled, notoriously isolationist Americans are set to take to the road more during 2011.

Most Americans do not travel abroad

With only about 30 percent of Americans holding a valid passport, it is estimated that very few Americans travel abroad for vacation or business, according to the U.S. Office of Travel and Tourism (OTTI).

Oil up on persistent unrest in Egypt; positive US

U.S. crude futures edged above $89.05 a barrel on Monday, recovering from a near 2 percent drop in the previous session, supported by the political crisis in Egypt and a drop in the U.S. unemployment rate to a 21-month low.

What is the real reason behind Chinese inflation?

China maintains yuan's peg to the dollar by continually purchasing dollars in the open market, which means that China has to buy more ad more dollars as the U.S. currency gets weaker. And here is the role of the U.S. Federal Reserve in exacerbating Beijing's concerns.
Internet Connection

Internet Kill Switch Not Possible In The U.S.

Since the Egyptian government shut down the Internet for days in the wake of protests, some have asked if the U.S. government could set up an Internet kill switch to cut off access -- either to stop people from communicating or protect the country from cyber attack.
China to vet inward M&A deals for national security

COLUMN: How the US can create jobs by improving China trade

Now that all the hype and the hoopla of Chinese President Hu Jintao’s visit to the United States are over, the same basic commercial question remains unanswered: How can American companies create more jobs for Americans by selling more American goods and services in China?
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US payrolls up meager 36,000, jobless rate falls

U.S. employment rose far less than expected in January, partly the result of severe snow storms that slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.
Traders work on the floor of the New York Stock Exchange

US stocks waver after jobs data

U.S. stocks wavered in early trade on Friday after a government report showed that U.S. added fewer jobs than forecast for January, while the unemployment rate unexpectedly declined to its lowest level since April 2009
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US jobless claims tumble 42,000 last week

New U.S. claims for unemployment benefits dropped more than expected last week, a government report showed on Thursday, pointing to continued gradual improvement in the labor market.
Traders work on the floor of the New York Stock Exchange

US stocks decline as Egypt crisis weighs

U.S. stocks declined in early trade on Thursday as political crisis in Egypt overshadowed better-than-expected economic reports on weekly jobless claims, non-farm productivity and monthly factory orders.

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