Janet Yellen warns on growing inequality in the US

US Federal Reserve chair Janet Yellen said that she was "greatly concerned" about rising inequality in the US. "I think it is appropriate to ask whether [growing inequality] is compatible with values rooted in our nation's history," she said in a speech in Boston on Friday.

Recession risk gone in all US states but 1: Moody's Analytics

WASHINGTON: All US states except for Delaware have escaped the possibility of falling back into recession, as they reap the rewards of strong private-sector employment and a burgeoning energy sector, according to an analysis released on Tuesday.