Employers in the U.S. announced plans to cut 38,519 jobs in January, according to the Challenger jobs data released on Wednesday. Compared to a year ago, however, last month’s job cuts were down sharply, falling 46 percent from the 71,482 job cuts recorded in January 2010.
The U.S. home loan demand rose sharply in the week ended Jan. 28, even as the mortgage rates continue to rise from their lowest levels, the Mortgage Bankers Association (MBA) said on Wednesday.
Futures on major U.S. indices point to a mixed opening on Wednesday, after Dow and S&P finished at two year highs in the previous session.
If “boarding the flight” happened to be a travelers’ last status update on Facebook before flying to any destination, now they get Facebook access even at hundreds and thousands of feet above in the air – for free.
General Motors Co and Chrysler posted U.S. sales gains of more than 20 percent for January as the two automakers that had faced collapse in 2009 shot past the industry's still-struggling leader, Toyota Motor Corp.
U.S. unemployment will stay high for some time, in part because changes in the labor market have made it tougher for those out of work to find jobs, a Federal Reserve Bank of Cleveland economist said on Monday.
The U.S. doesn't uphold democracy in the Middle East, which is highly hypocritical given the country's explicit ideological alliance freedom, democracy, and the universal rights of people, said Robert Grenier, former director of CIA's Counter-Terrorism Center
US stocks extend gains in early trade on Tuesday after a report showed that manufacturing activity rose at a faster pace than expected in January.
As hundreds of thousands of anti-government protesters converge in central Cairo on the eighth day of unrest in Egypt, the U.S. government has instructed all of its non-emergency staff and their families to evacuate the country.
The number of Americans with diabetes have increased to nearly 26 million as more people are developing the disease and many who have it are living longer, says the Centers for Disease Control and Prevention (CDC).
The United States has urged Iran to stop executions, expressing deep anguish over the disregard for human rights of citizens in the country.
A deadly winter storm is likely to affect one third of the US, threatening to lay a potentially deadly path of heavy snow and ice from the Rockies to New England.
With ongoing turmoil in Egypt, a friendly between the U.S. men's national team and Egypt scheduled for February 9 has been canceled.
Dow Jones Index was up 21.99 points, or 0.19 percent, to 11,845.69 and the S&P 500 index rose 4.54 points, or 0.36 percent, to trade at 1,280.88. Meanwhile, Nasdaq gained 0.39 points, or 0.01 percent, to 2,687.28.
Personal income and spending in the U.S. rose in December last year, indicating that the average consumer is growing more confident about the economic recovery and the financial situation.
Futures on major U.S. indices point to lower opening on Monday amid continuing political unrest in Egypt.
Gold Bullion prices failed to rally from last night's tumble in Asian and London trade on Friday, extending the month's sharp losses and hitting to four-month lows in the US Dollar and six-month lows against the Swiss Franc and commodity currency Aussie and Canadian Dollars.
US stocks advanced slightly in early trade on Friday after government data showed that US economic activity grew at a 3.2 percent annual rate in the fourth quarter.
Hedge fund SHK Asset Management liquidated a U.S. gold futures position this week valued at over $850 million, more than 10 percent of the main U.S. futures market, the Wall Street Journal reported on Friday.
Hedge-fund manager John Paulson made a profit of more than $5 billion personally last year which is likely the largest single-year gain in investing history, says a media report.
US Customs and Immigration Services (USCIS) on Thursday said it has got Congressional-mandated cap of 65,000 H1-B visa applications, which is the most sought after by Indian professionals, for the current fiscal.
Defence lawyers for former Liberian President Charles Taylor, on trial for war crimes, won the right to use leaked U.S. cables as evidence to challenge the Sierra Leone war crimes court's independence and impartiality.