Page 49 - Us Economy

US economy to hit pre-pandemic size by the middle of this year, says CBO

The new projections from the office, which is nonpartisan and issues regular budgetary and economic forecasts, are an improvement from the office's forecasts last summer

Markets see worst weekly setback since May, Sensex off 7.8% from peak

FPIs sell Rs 5,931 crore on Friday, most since March

US economy suffers worst contraction in 74 years as Covid-19 surges

The data also showed that the U.S. economy grew at an annual rate of 4 percent in the fourth quarter of 2020 amid a surge in COVID-19 cases, much slower than 33.4 percent in the previous quarter

Best of BS Opinion: Time for statesmanship, Make in America, and more

Here's a selection of Business Standard opinion pieces for the day

Make in America

Joe Biden's executive order raises concerns

US economy contracts in 2020; worst performance since 1946

The Federal Reserve on Wednesday left its benchmark overnight interest rate near zero

Sensex ends 535 points lower, Nifty just above 13,800; Maruti falls 3.5%

A sharp fall in the US markets on Wednesday and weak opening in other Asian markets weighed on sentiment of domestic investors causing the Sensex to drop nearly 900 points in intra-day trade

Wall Street opens higher shrugging off bleak GDP, jobless claims data

The Dow Jones Industrial Average rose 74.0 points, or 0.24%, at the open to 30377.19

US Fed keeps interest rates near zero amid slow economic recovery

The path of the economy continues to depend significantly on the course of the virus

Fed remains in crisis-fighting mode as recovery appears to moderate

Monetary policy likely on hold for foreseeable future; Fed chief Powell says vaccination program key to economy

Wall Street opens lower with earnings underway, eyes on Federal Reserve

The Dow Jones Industrial Average fell 43.3 points, or 0.14%, at the open to 30893.78

Biden signs 'Buy American' order, vows to strengthen manufacturing sector

Biden reiterated plans announced on the campaign trail to replace the fleet of federal cars with U.S.-made electric vehicles

Wall Street edges up as earnings season gains speed; General Electric up 4%

Of the 84 companies that have posted earnings through Tuesday morning, 86.9% have topped analyst expectations, according to Refinitiv data

Biden to reopen online health insurance marketplace, ease Medicaid rules

Biden has vowed to restore full access to the healthcare.gov site, which provides a way to get to a federal exchange offering healthcare insurance

Biden stimulus plan could boost US output by 5% over three years: IMF

Gita Gopinath told a news conference the measures in the proposed package could add as much as 1.5% to US growth in 2021

After the high, a big fall: Sensex's 11-week winning streak ends

Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and economic revival

US factory activity near 14-year high; home sales rise in December

By Lucia Mutikani

US labor market recovery fading; housing, factories underpin economy

The services sector has borne the brunt of the coronavirus crisis, disproportionately impacting lower-wage earners, who tend to be women and minorities

Biden launches sweeping Covid-19 changes on first full day in White House

The Biden administration is aiming at a coordinated federal coronavirus response to the 10-month pandemic, focused on boosting vaccines, increasing testing, reopening schools

Wall Street closes at record highs as Netflix jumps, Biden inaugurated

Dow up 0.83%, S&P 500 up 1.39%, Nasdaq up 1.97%; FAANGs jump after Netflix results beat estimates