U.S. factory new orders rebound in February

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Source: RTT News
Manufacturing new orders in the world's largest economy rebounded surprisingly in February following a series of drops in the previous months, a report released by the Commerce Department showed on Thursday. According to the report, the U.S. new orders in a factory sector gained 1.6% in February after slipping by 1.0% and 2.0% in January and December respectively.

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Thu, 03 Apr 2014 09:30:27 GMT

U.S. job growth continues in March

Private sector job growth in the U.S. increased significantly last month and the labour market also showed an increase in new jobs created, a report published by the payroll processor ADP unveiled on Wednesday. According to the report, the world's largest economy added 191,000 new jobs in March after rising by 178,000 in the month before.

Thu, 03 Apr 2014 09:08:11 GMT

Fed may keep policy unchanged until 2017

The U.S. Federal Reserve is likely to maintain its current monetary policy and the level of quantitative easing unchanged until the second half of 2015 and it should keep the level of borrowing costs below normal levels into 2017, John William from the San Francisco Federal Reserve said on Thursday. The Fed's official also said that the rates should maintain

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