Obama to nominates a woman as Fed chair

WASHINGTON - Janet Yellen will become the first woman to hold the most powerful job in the world economy after administration officials said that President Barack Obama would nominate her as chair of ...

By FT | Published: 09 October 2013


Brazil to launch $60bn currency programme

SAO PAULO - Brazil's central bank said it will launch a currency intervention programme worth about $60bn to ensure liquidity and reduce volatility in the nation's foreign exchange market. The program...

By FT | Published: 23 August 2013


US inflation rises to 1.8% in June

Annual US consumer price inflation hit 1.8% in June as clothing, petrol and services costs all increased.That was up from the 1.4% figure recorded in May but still below the target inflation figure o...

By BBC | Published: 16 July 2013


US added more workers in June than forecast

Employment increased more than forecast in June, wages picked up and the U.S. jobless rate held close to a four-year low as the world's largest economy weathered the effects of higher taxes and feder...

By Bloomberg | Published: 05 July 2013


US companies add more jobs

New York - Hiring by US firms was sluggish in May while a sharp rise in mortgage interest rates last week weighed on what had been a buoyant housing market, adding to signs the economy had lost some m...

By Reuters | Published: 11 June 2013

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