Now playing Next Economy US retail sales up in December, but consumers remain pessimistic People in the US stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signalling that people remain confident enough to keep spending freely. 18/01/2024
Now playing Next Economy US jobless claims shows resilience for the world's biggest economy Latest US jobless claims and GDP data shows world's largest economy is still expanding. 21/12/2023
Now playing Next Markets US prices rise as inflation data dampens rate cut expectations The US's anticipated inflation figures strongly influence trends, especially one day before the Federal Reserve announces its latest monetary policy decision. 12/12/2023
Now playing Next Economy US economy grows by almost 5% in third quarter The US economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace. 26/10/2023
Now playing Next Business US central bank raises interest rate to highest level in 15 years "We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2%", said Federal Reserve chariman Jerome Powell. 02/11/2022
Now playing Next Travel News Europe is a ‘bargain’ for US holiday homebuyers right now. Here's why As the Euro plummets in value, some American home buyers are taking advantage of their increased spending power. 07/09/2022
Now playing Next USA Biden: US economy 'on the right track' despite recession fears US president Joe Biden has said his country is "on the right track", despite its economy shrinking for the second quarter in a row. 28/07/2022
Now playing Next Tech News 'Every organisation is evolving': How the corporate world is changing We speak with Sony's Tiffany Warren about what it was like climbing to the top of corporate American as a woman of colour. 25/06/2021
Now playing Next USA US Congress approves Biden's $1.9 trillion COVID relief bill The White House described it as a "historic legislative package that will turn the page on this pandemic, deliver direct relief to Americans, and jumpstart our economy." 10/03/2021
Now playing Next USA US job growth likely rose in February in rebound from slump The Congressional Budget Office projects that the nation will add a substantial 6.2 million jobs this year, though that wouldn't be nearly enough to restore employment to pre-pandemic levels. 05/03/2021
Now playing Next China China to replace US as 'world's biggest economy by 2028' due to COVID "We now think that the Chinese economy in dollar terms will overtake the US economy in 2028, a full 5 years earlier than we thought last year," the annual report from the Centre for Economics and Business Research has found. 26/12/2020
Now playing Next Economy The US sees the eurozone as the economy most likely to fold. It should look closer to home ǀ View America is far from the perfectly functioning currency area so beloved by its European devotees. Rather, the US model of limited government at state level has exposed the fragile nature of the American dream. 28/05/2020
Now playing Next Economy Aid packages help minimise impact of virus on world econonomies The effect of the Coronavirus on the economy is being felt across the globe. Aid packages are being introduced by countries in the hope these might help people who are unable to work and potentially in financial difficulties. The UK has pledged 330 Billion pounds and the US 1 Trillion dollars. 18/03/2020
Now playing Next USA Euroviews. Anti-immigrant policies are bad for America. Trump's chief of staff admitted it ǀ View This administration curtailed legal immigration in addition to its efforts against undocumented people. Now it bemoans that people don't want to move here. 25/02/2020
Now playing Next USA Euroviews. Flying Basic Economy will make anyone want to overthrow capitalism ǀ View We can either fight over the armrest, or fight the corporations for some basic respect. 10/08/2019
Now playing Next USA US-China trade talks will continue, but so will the tariffs Trump tweets that tariffs on China may or may not be removed, depending on what happens with respect to future negotiations. 11/05/2019
Now playing Next USA Euroviews. US-China trade war: Could Silicon Valley's dominance soon end? | View The current trade war between the U.S. and China will, like all such disputes, produce no winners. 05/11/2018
Now playing Next Economy Which are the most competitive countries in the world? Six Europeans countries figure in the top 10 most competitive nations globally, according to the World Economic Forum. 17/10/2018
Now playing Next Business US economy grows at fastest rate in four years First quarter growth for 2018 was up 2.2 percent rising to 4.1 percent for the second quarter 27/07/2018
Now playing Next Economy US-EU Trade tussle intensifies The European Commission is to strike back at the US' 'illegal' imposition of tariffs on European steel and aluminium by imposing €2.8 billion in duties on US products. 06/06/2018
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