US economy

Fitch downgrades US credit rating, White House “strongly disagrees”

The US government’s credit rating has been downgraded by the Fitch Ratings from AAA to AA+, citing a “steady deterioration…

1 year ago

Why de-dollarisation is shaking up the global financial system

With the US staring at a debt default, dominance of the American dollar on the world stage may soon be…

1 year ago

Is US economy in ICU after lawmakers fail to raise life-saving debt ceiling?

The spotlight is on Washington. Will it manage to avert a debt default? If the debt ceiling – the maximum…

1 year ago

US auto loan crisis raises alarm as borrowers may default

A crisis-like situation is brewing in the US with auto loan credit demand declining rapidly and the delinquency figure touching…

2 years ago

US inflation at 6.8% in November is the highest in 40 years

<p> <strong>The US consumer prices surged to a near 40 year high of 6.8 per cent in November compared to…

3 years ago