Former Federal Reserve Chairman, Alan Greenspan, said a United States (U.S.) economic recovery is “going to be a slow, trudging thing,” and that he “would get very concerned” if stock prices continue to fall.

For all the concern over the US$1.6 trillion United States (U.S.) budget deficit and record debt load, the dollar is as valuable now as 35 years ago.

Trade tensions are starting to flare as the pace of the global economic revival shows signs of slowing.

Treasury Secretary, Timothy Geithner, yesterday voiced confidence that the United States (U.S.) will still inspire confidence in investors despite its growing debt and warnings from Moody's ratings agency.

United States (U.S.) book publishers are smiling again, after years of watching digital versions of their titles sell for below what they thought they were worth.

Investors showed a mildly positive reaction Friday to news that unemployment unexpectedly dropped last month.

Worker productivity rose more than expected in the October-December quarter as companies squeezed more output from their employees.

The Federal Reserve will keep interest rates on hold until at least November's mid-term elections in the United States because of the many steps involved in raising borrowing costs, according to Totan Research Co.

President Barack Obama is spending US$2.1 million to help Suntech Power Holdings Co. build a solar-panel plant in Arizona. It will hire 70 Americans to assemble components made by Suntech's 11,000 Chinese workers.

U.S. President Barack Obama will unveil details Thursday of how he plans to double American exports in five years, mainly to rapidly-growing Asia.