Federal Reserve Board chairwoman Janet Yellen holds up a copy of the Federal Reserve’s 100th Annual Report as she testifies during a US Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill in Washington,. Photograph: Saul Loebsaul/Getty

US employment accelerated in February and the jobless rate fell to a more than six-and-a-half year low of 5.5 per cent, signs that could encourage the(...)

Petrol prices tumbled 9.4 per cent, the biggest drop since December 2008, after declining 6.6 per cent in November

US consumer prices recorded their biggest decline in six years in December and underlying inflation pressures were benign, which could bolster the cas(...)

Petrol prices fell 6.6 per cent, the biggest drop since December 2008, after declining 3 per cent in October. Petrol has now declined for five straight months

US consumer prices recorded their biggest drop in nearly six years in November as gasoline prices tumbled, but this probably will not change views the(...)

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(...)

Markets are up, partially in response to the Republican party’s control of the United States Senate after yesterday’s midterm elections. (Photograph: JUSTIN LANE/EPA)

US stocks rose, sending the Dow Jones Industrial Average to a record, as Republicans won their first Senate majority in eight years and data showed co(...)

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 (...)

People are reflected in a window outside the Macy’s department store in New York. The Labor Department said its Consumer Price Index edged up 0.1 per cent last month

US consumer prices rose marginally in September as energy costs fell broadly, painting a weak inflation picture that should give the Federal Reserve a(...)

The report showed the number of people still receiving benefits after an initial week of aid rose 7,000 to 2.39 million in the week ended October 4th

The number of Americans filing new claims for jobless benefits fell to a 14-year low last week, a positive signal that could counter doubts over wheth(...)

Getting more from Generation X

The economy’s slow but steady improvement is good news. But employers may find a cloud lurking behind the sunny forecast: they are at risk of losing s(...)

EasyJet rallied 6.4 per cent to 1,459 pence sterling in London. The airline said it expects to report pretax profit of at least £575 million for the year ended September 30th. In Dublin, Ryanair added 2.52 per cent to close at €7.597. Photograph: Denis Doyle/Bloomberg

European stocks rebounded yesterday on better-than-expected jobs news from the US. Disappointment with the European Central Bank’s asset-buying(...)