Tag: US economy
Posted in Economy
US economy grew at weak 1.1 per cent rate in Q1 in sign of slowdown
The US economy slowed sharply from January through March, decelerating to just a 1.1 per cent annual pace as higher interest rates hammered the housing…
Posted in Business
‘I apologize,’ Credit Suisse chairman admits failure to shareholders
The chairman of Credit Suisse apologized Tuesday to shareholders for failures of the once-venerable bank and acknowledged the shock and anger felt as the troubled…
Posted in US News
US manufacturing near three-year low; casts a shadow over economy
WASHINGTON: US manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged, and analysts said activity could decline…