US economy shows signs of return to health
Lower debt and easier credit rekindle the housing market
First-time claims for jobless benefits fall, bringing the trend in lay-offs to the lowest level in nearly four years
Democratic and Republican negotiators will hold talks on a $160bn package of stimulus measures that were the subject of a fierce fight in December
The US created far jobs than expected in January and the unemployment rate dropped to 8.3 per cent, delivering a jolt of good news for the global economy
‘It’s getting better. A year ago people were just panicked. Now that panic is subsiding’ says woman who has been jobless for two years
Lower debt and easier credit rekindle the housing market
Instead of talk about a solid return to US growth, the conversation is drifting back to worries about anaemia and the ‘new normal’, writes Edward Luce
Real estate prices are a particularly sensitive area but what the US truly needs is an economy far less dependent on their influence
The true source of America’s lasting significance is that these advantages are a by-product of its faith in liberal democracy, the rule of law, and market-driven free enterprise, writes Ian Bremmer
Much of the political void is being filled by the wealthy. Of the $181m so far spent by super-Pacs, more than half came from fewer than 200 individuals, writes
Strong demand has brought Treasury bonds a banner year with the haven effect of turmoil elsewhere, write Michael Mackenzie, Dan McCrum and Lindsay Whipp
Congress should renew the payroll tax cut before it expires. US growth is too fragile at this stage to risk fiscal contraction
If fixing middle-class income stagnation were as clear-cut as ordering a raid on bin Laden, we can be sure Barack Obama would have tried it, writes Ed Luce