Browsing: US economy

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies…

President Trump’s push to oust Fed Chair Powell drew warnings from CEOs and spurred a brief market rally after his reversal.

Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price stability.

U.S. markets soar with record gains in 2024, driven by Federal Reserve cuts, tech dominance, and robust earnings, but risks loom as Trump’s policies and high valuations shape 2025 outlook.

Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand in the US.

The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market.

The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market.

US national debt hits record $34.4 trillion, raising alarms over fiscal policy and market stability. Experts warn of dire consequences.

The latest developments in the US financial markets indicate a shift in investor sentiment as US stock futures witnessed a…

As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession…