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…

U.S. jobless claims rose to 241,000, marking a 9-week high and signaling growing pressure on the labor market.

Egg prices have surged 53% in a year, fueling inflation fears and complicating the Fed’s strategy as consumers react to the sharp increase amid an ongoing avian flu outbreak.

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.

European and Asian markets dropped Friday as investors awaited key U.S. payroll data. The expected report could shape the Fed’s next interest rate decision

The U.S. labor market saw job openings dip to a 30-month low in July, suggesting further cooling as economists closely watch the Federal Reserve.

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…