Growth in consumer spending, which accounts for more than two-thirds of US economic activity, was revised down by one-tenth of a percentage point to a 4.2 per cent pace in the fourth quarter

US economic growth braked more sharply than initially thought in the fourth quarter amid a slow pace of stock accumulation by businesses and a wider t(...)

China stocks closed up more than 2 per cent on Wednesday, boosted by a late afternoon rally which helped the stock market become the best performer among major global bourses this year. (Photograph: Aly Song/Reuters)

Oil headed for the biggest annual decline since the 2008 global financial crisis as US producers and the Organization of Petroleum Exporting Countries(...)

The US economy expanded at a 4.6 per cent rate in the second quarter.

The US economy grew at its quickest pace in 11 years in the third quarter, the strongest sign yet that growth has decisively shifted into higher gear.(...)

A broad measure of joblessness that includes people who want to work but have given up searching and those working part-time because they cannot find full-time employment fell to a fresh six-year low of 11.4 per cent in October

US employers added the largest number of workers in nearly three years in November and wages increased, a sign of strength in the economy that could d(...)

Cargo containers are ready for transportation at the Port of Los Angeles

The US trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growt(...)

C&C results showed falls in profitability in its US and British businesses, sparking a selloff that knocked 8.6 per cent off its value. Photograph: Bryan O’Brien

European stocks rallied late, reversing earlier losses, as a report showed that US economic growth had beaten forecasts.Commerce department figures s(...)

While growth in consumer spending decelerated to a 1.8 per cent pace from the second-quarter’s 2.5 per cent pace, it still contributed 1.22 percentage points to GDP growth

A smaller trade deficit and a surge in defense spending buoyed US economic growth in the third quarter, but other details of Thursday’s report hinted (...)

 From left, Axel Kicillof, Minister of Economy of Argentina, speaks with US Federal Reserve Chairwoman Janet Yellen during a meeting of the International Monetary and Financial Committee (IMFC) at the International Monetary Fund (IMF) and World Bank Group 2014 annual meetings, in Washington. Photograph: Drew Angerer/EPA

Demand for US-made capital goods recorded its biggest drop in eight months in September and the pace of house price gains moderated in August, suggest(...)

US consumers spent more in August, a positive sign for the economy which appears to have shifted into a higher gear. The Commerce Department said tod(...)

Economists had expected the deficit to widen to $42.2 billion in July from a previously reported $41.5 billion shortfall in June

The US trade deficit narrowed in July to its lowest point in six months as exports rose to a record high, supporting views of sturdy economic growth i(...)