Tag Archives: U.S.

U.S. Economy Grew At 2.6 Percent Rate In 2nd Quarter

Cars on a dealer lot in Pittsburgh. Consumer spending helped drive economic growth in the 2nd quarter to more than double first quarter GDP. Gene J. Puskar/AP The U.S. economy grew at an annual rate of 2.6 percent between April and June. It was nice comeback from the tepid 1.2 percent annual growth rate of the first quarter and more ... Read More »

U.S. economy poised for faster growth? Leading indicators say yes

The U.S. economy might be accelerating, according to the leading economic indicators. A broad measure of how well the U.S. economy is performing surged in June after a strong gain in May, suggesting growth could speed up in the months ahead. The leading economic index jumped 0.6% last month after a revised 0.4% increase in May, the Conference Board said ... Read More »

U.S. first quarter economic growth revised up on jump in consumer spending

The U.S. economy slowed less than feared in the first quarter due largely to a jump in consumer spending, providing a slightly more encouraging outlook for growth this year. Gross domestic product increased at a 1.4 percent annual rate instead of the 1.2 percent reported last month, the Commerce Department said in its final assessment for the period on Thursday. ... Read More »

U.S. Bank and Sage Announce AP Optimizer to Streamline Invoice Payments

U.S. Bank (NYSE:USB) and Sage (LON:SGE) announced this week at Sage Summit 2016 in Chicago a new partnership that will benefit Sage customers in the U.S. and Canada. The partnership centers around the introduction of AP Optimizer, an application built by U.S. Bank that lives inside the Sage Live accounting platform. Its purpose, according to Bradley Matthews, head of Middle Market ... Read More »

U.S. Bank and Sage Announce AP Optimizer to Streamline Invoice Payments

U.S. Bank (NYSE:USB) and Sage (LON:SGE) announced this week at Sage Summit 2016 in Chicago a new partnership that will benefit Sage customers in the U.S. and Canada. The partnership centers around the introduction of AP Optimizer, an application built by U.S. Bank that lives inside the Sage Live accounting platform. Its purpose, according to Bradley Matthews, head of Middle Market ... Read More »

U.S. stocks finish slightly lower as geopolitical tensions escalate

U.S. stocks finished lower on Tuesday as rising geopolitical tensions lured investors out of risky assets like stocks and into the perceived safety of Treasurys, gold and the Japanese yen. The S&P 500 index SPX, -0.14% shed 3.38 points, or 0.1%, to 2,353.78. The Dow Jones Industrial Average slid 6.58 points, or less than 0.1%, to 20,651.44. The Nasdaq Composite ... Read More »

U.S. business spending picking up, but may slow in second quarter

Durable goods are seen on sale in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter. Manufacturing is recovering from a prolonged slump, ... Read More »

Asian stocks mark time, waiting for clearer view on U.S. rates

A man (3rd L) looks at an electronic stock quotation board as passers-by walk past, outside a brokerage in Tokyo, Japan January 20, 2016. REUTERS/Toru Hanai Asian stocks consolidated recent gains on Wednesday before a U.S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with an immediate rate hike ... Read More »

China posts worst export fall since 2009 as fears of U.S. trade war loom

China’s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the outlook for 2017. In one week, China’s leaders will see if President-elect Donald Trump makes good on a campaign ... Read More »

Nintendo Switch to launch March 3, to cost $299.99 in U.S.

Nintendo Co Ltd (7974.T) will launch the Switch, its first new game console in about four years, on March 3 for $299.99 in the United States and 29,980 yen in Japan, the video game maker said on Friday. The price of the Switch, a hybrid home console and handheld device, compares with the $299.99 in the U.S. and 25,000 yen ... Read More »