US federal deficit in fiscal year 2011 is expected to top historic high level of $1.645 trillion.
IMF's Managing Director Dominique Strauss-Kahn said the Chinese yuan should be given a greater role within a restructured international monetary system.
The US economy may not need further help from the Federal Reserve (Fed) when its $600 billion stimulus plan runs out in June, but that decision will hinge on the path of the economy, a top Fed official said on Wednesday.
The US 30-year fixed-rate mortgage (FRM) this week rose to the highest point since April 2010.
The US International Trade Commission (USITC) determined Monday that imports of drill pipe and drill collars from China threatened the US industry with material injury.
Major trading partners of the United States, including China, did not manipulate their currencies to gain an unfair advantage in international trade in 2010, according to a report released by the US Treasury Department on Friday.
Oil prices and the US stock market remained stable despite the heightened crisis in Egypt.
US auto sales lost momentum in the final weeks of January, setting the stage for a softer start to 2011 than the industry had expected.
The world's largest coffee chain, expects rising coffee prices to hit profits more than it previously thought.
The economic goals set out in US President Barack Obama's State of the Union address may create more opportunities for cooperation between China and the United States, analysts said.
A continuing weak economy and last month's bipartisan tax cut legislation will drive the US government's deficit to a record $1.5 trillion this year, a new government estimates predicts.
The United States risks squandering more than $11 billion if it does not come up with adequate plans for building and maintaining facilities for Afghanistan's growing security forces, a US watchdog said.