Stay updated with breaking news from Bus Updates. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Read more about Fed's Powell sees US boom ahead, with coronavirus still a risk on Business Standard. The US economy is poised for an extended period of strong growth and hiring, the chair of the Federal Reserve has said
The US trade deficit rose 1.9 per cent in January as the coronavirus pandemic continued to disrupt global commerce. The gap between the goods and services the United States sold and what it bought abroad rose to USD 68.2 billion from USD 67 billion in December, the Commerce Department reported Friday. Exports rose 1 per cent to USD 191.9 billion, while imports increased 1.2 per cent to USD 260.2 billion. The politically sensitive trade gap with China fell 3.2 per cent to USD 27.2 billion. The trade deficit with Mexico rose USD 1.6 billion to USD 11.9 billion in January. The coronavirus ha...
The Senate steered on Friday toward a voting marathon on Democrats' USD 1.9 trillion COVID-19 relief bill after enduring an extraordinary half-day holdup forced by a Republican foe of President Joe Biden's top legislative priority. The chamber planned to begin voting around midday on a mountain of amendments, mostly by GOP opponents and virtually all of which were destined to be rejected. That would set the Senate on course toward approving its reworked version of the massive measure, probably over the weekend, and shipping it back to the House so it could whisk the final package to Biden ...
Read more about US unemployment claims tick up to 745,000 as layoffs remain high on Business Standard. This is a sign that many employers continue to cut jobs despite a drop in confirmed viral infections
Read more about Jobless aid, direct checks could get trimmed as US Senate takes up aid bill on Business Standard. With Republican cooperation unlikely, Democrats who narrowly control the chamber need to stick together to pass Biden's top legislative priority