US Economy

US Economy

It's official: The US economy entered into a recession in February

(June 9): The US economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research group that acts as the arbi

US Economy

Fed officials worry about lasting economic scars from Covid-19, but Warren Buffet remains confident of the 'American Magic'

(May 4): American business tycoon and philanthropist Warren Buffet says he is optimistic that the ailing US economy can make a comeback from the throes caused by the coronavirus pandemic.

US Economy

US Fed keeps rates unchanged and pledges to maintain it till economy improves

SINGAPORE (Apr 30): The US Federal Reserve has voted to keep interest rates unchanged in its policy meeting on Apr 29.

US Economy

Bloomberg model confirms worst US recession in generations

(Apr 21): The novel coronavirus has spurred what will likely be the worst recession in generations as the U.S. economy grinds to a halt and millions lose their jobs.

US Economy

A pandemic is no time for US economic sanctions

(Mar 27): Over the past several years, US President Donald Trump’s administration has unilaterally imposed harsh economic sanctions on several countries whose governments it seeks to punish.

US Economy

Winners and losers in US$2 tril virus rescue plan passed by Congress

(Mar 27): Days of negotiations between the Trump administration and Congress — and fierce lobbying by industries eager for assistance dealing with the coronavirus outbreak — has yielded a rescue pa

US Economy

US Fed's whatever-it-takes move might still not be enough to save the markets, experts say

SINGAPORE (Mar 24): The US Federal Reserve’s whatever-it-takes move came on Monday as it put forth several measures to relieve the ailing American economy in a race against time.

US Economy

As Congress bickers, Fed swoops in – controversially – with sweeping rescue plan

(Mar 24): The Federal Reserve ventured into political territory Monday by offering to directly finance US companies, jumping ahead of Congress – which is still arguing over similar assistance.

US Economy

Global stimulus slows rush to recession

SINGAPORE (Mar 20): The damage from Covid-19 affects the global economy through three main channels: Demand, supply and finance.

US Economy

What scenarios has the US equity market priced in?

SINGAPORE (Mar 20): With the outbreak of the Covid-19 pandemic, market downturn and fear of worse, investors confront a key question: What have the markets already priced in?

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