Rust-belt mayor resolves to stop city’s rot
Karen Freeman-Wilson will require more than quick fiscal fixes to revive the ‘murder capital of America’, whose budget has dropped precipitously
US downturn
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Run of positive US home data slows
Pending home sales have fallen, ending run of positive data on the US housing market while other data point to a rise in property prices
US consumer confidence suffers
The weakest confidence report in four months suggested that a fall in the stock market triggered by Europe’s woes has hurt sentiment
Economic Outlook: US jobs data awaited
Investors will hope this week’s labour market figures offer cheering signs that recovery in the world’s biggest economy has not stalled
US consumers most positive in four years
Consumer sentiment was the strongest in more than four years as Americans were more upbeat about jobs and income growth amid easing petrol prices
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Comment and analysis
America: A workforce on the wane
As unemployment returns from high recessionary levels, it is becoming clear that millions in the US have left the jobs market. But why?By Robin Harding
America reassembles industrial policy
Washington never quit promoting favoured sectors, but manufacturing was simply not among them, writes Edward Luce
US economy: A market on the move
An acceleration in the writing down of bad loans left over from the credit bubble is raising hopes of a widely beneficial housing recovery – as shown by the tale of one family home in Florida. By Dan McCrum and Michael MacKenzie
US starts on long road to recovery
Relative to Europe, America is in reasonable shape. Nobody, however, should mistake that to mean it is about to enjoy a normal rebound
Upturn in US jobs market lifts mood
Businesses are hiring amid increased optimism about the economy, after data showed new jobs created across many industries
Business should help the heartland
While it is rational for multinationals to move capacity offshore, the collective effect imperils the fabric of US society, writes John Gapper
The US labour market is still a shambles
No one expects growth at a pace strong enough to return the US economy to full employment any time soon, writes Joseph Stiglitz
Companies have a moral duty to help workers save
The old 60/40 mix of stocks and bonds will not deliver the returns individuals need at today’s low yields, writes Laurence Fink
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