Economy News

Economy

December Sees a 0.5% Rise in US Construction Spending, Marking a Yearly Growth

US construction spending increased by 0.5% in December, reaching $2.19 trillion, with a 4.3% annual rise. Private construction led the growth, while public construction also saw an...

Economy

Trump Anticipates Mexico Talks, Aims for Breakthrough Deal

President Trump is eager to participate in negotiations with Mexico, aiming for a deal. Both countries have reached an initial agreement to pause tariffs for a month, with Mexico d...

Economy

UN Expresses Deep Concern Over Escalating Trade War's Devastating Impact on Global Economy

The United Nations expresses concern over the impact of escalating trade restrictions on the global economy, especially in developing countries, amidst a low-growth context. U.S. P...

Economy

US Manufacturing Sector Shows Promising Growth in January, Breaking Seven-Month Stagnation

The US manufacturing sector expanded in January, with the PMI reaching 51.2, indicating growth for the first time in seven months. New business growth and increased optimism among ...

Economy

December Sees a 0.5% Rise in US Construction Spending, Reaching $2.19 Trillion

US construction spending rose by 0.5% in December, totaling $2.19 trillion, with private construction leading the growth. The sector showed a 4.3% annual increase, reflecting stron...

Economy

President Trump Initiates Creation of US Sovereign Wealth Fund to Boost National Investments

President Donald Trump has signed an executive order to establish a US sovereign wealth fund, aiming to invest in national projects for the benefit of all Americans. Treasury Secre...

Economy

US Manufacturing Sector Shows Promising Growth in January, Breaking a Seven-Month Slump

The US manufacturing sector experienced growth in January, breaking a seven-month slump with a PMI of 51.2. New business growth has boosted production, and manufacturers are optimi...

Economy

Trump Eyes 10% Tariffs on All EU Imports Amid Rising Global Trade Tensions

President Donald Trump is considering a 10% tariff on all European Union imports, potentially escalating global trade tensions. This move follows recent tariffs on Mexico, Canada, ...