California has overtaken France in terms of GDP to become the sixth largest economy in the world after the United States, China, Japan, Germany and the United Kingdom, Bloomberg reported. According to official data, the annual GDP of California amounted to $ 2,5 trillion, leaving behind the economies of France, Italy, Brazil, India and other developing ...

From April to June 2015, the American economy experienced significant growth - plus 2,3 percent. This happened after a harsh winter, during which it grew at a very slow pace. According to the Department of Commerce, in the second quarter the world's largest economy ...

The US Department of Justice has launched an investigation into the international rating agency Moody's in connection with the overstatement of ratings on mortgage bonds before the 2008 financial crisis. The Wall Street Journal writes about this, citing its own sources. According to the publication, in ...