The US federal government's deficit is projected to reach $1.316 trillion for the 2011 fiscal year
The US Federal Reserve said Tuesday that the pace of the country's economic recovery remained slow in recent months, and the labor market conditions continued to be weak.
US stocks erased early losses and ended firmly higher on Friday even as Federal Reserve Chairman Ben Bernanke did not announce any new stimulus measures.
The chief of Standard & Poor's will step down next month, to be replaced by a senior Citibank executive
The US economy might see slow growth, but will not slide into a double-dip recession, said former US Federal Reserve Chairman Alan Greenspan on Tuesday.
Three days after Google's blockbuster engagement with Motorola Mobility, Hewlett-Packard Co. (HP) on Thursday announced to kill its mobile business and a possible spin off of its PC division. In an age when iPad and iPhone make money everywhere, does this business restructure come too fast, or it is simply too smart?
The sell-off in Wall Street continued on Friday, with major indexes suffering losses for the fourth straight week.
Hewlett-Packard confirmed that it is considering selling its personal computer business, along with announcements of an end to its tablet computer and smartphone products.
IBM researchers Thursday unveiled an experimental computer chip that emulates the way the human brain processes information.
The US Treasury sold $72 billion of notes and bonds last week, with yields on three- and 10-year notes at record auction lows
US stocks shot up 4 percent on Thursday as bargain-hungry investors overcame the recent wave of fear that drove selling over the last two weeks.
The federal deficit of the US recorded $1.1 trillion in the first ten months of fiscal year 2010-2011