The White House has announced the enforcement of reciprocal tariffs from August 1, with rates varying based on existing trade agreements. Countries like South Korea face a 15% tari...
President Trump suggests countries can lower U.S. tariffs by investing heavily in the U.S., using Japan's $550 billion 'signing bonus' as an example. He details the negotiation pro...
Federal Reserve Bank of Cleveland President Beth Hammack discusses the health of the U.S. economy, inflation progress, and the debate over potential interest rate cuts among Fed of...
The U.S. recorded its highest ever tariff revenue in June, with a nearly fourfold increase year-over-year, contributing to a record federal receipt and a budget surplus. The dollar...
A study by LISEP reveals that the true unemployment rate in the U.S. may be as high as 24.3%, far exceeding the official 4.2% rate, by including those in part-time or low-wage jobs...
U.S. President Donald Trump shows willingness to adjust the August 1 tariff deadline, emphasizing openness to negotiations if countries present alternative proposals. This follows ...
Chicago Fed President Austan Goolsbee warns against returning to high inflation, emphasizing the goal to maintain a 2% annual rate. Recent data shows U.S. inflation decreasing to 2...
Fed Chair Jerome Powell highlights a patient approach to monetary policy adjustments, citing a solid U.S. economy and cooling inflation, but warns of potential tariff impacts.
Billionaire hedge fund manager Bill Ackman suggests a 180-day pause on new actions toward China, including tariffs, to allow for negotiations and prevent economic instability. Ackm...
The Federal Reserve's Beige Book indicates minimal change in U.S. economic activity, with mixed growth across districts, slight employment variations, and universal price increases...
Chevron CEO Michael Wirth expresses confidence in the U.S. economy's resilience, citing no immediate recession risks despite tariff-induced uncertainties. The IMF, however, has low...
President Donald Trump criticizes decades of unfair foreign trade practices, targeting the EU and Japan, and outlines eight forms of non-tariff cheating affecting U.S. interests.
Kevin Hassett, U.S. National Economic Council Director, dismisses recession fears and announces progress in EU tariff talks. He also addresses insider trading allegations and previ...
Federal Reserve Bank of New York President John Williams predicts Trump's tariffs could push U.S. inflation to 3.5%-4%, with GDP growth slowing below 1% and unemployment rising. De...
BlackRock CEO Larry Fink warns that the U.S. economy might already be in a recession, citing significant deterioration and prolonged uncertainty due to reciprocal tariffs, which is...
Federal Reserve Chair Jerome Powell confirms the U.S. economy's solid performance, citing strong employment data. He discusses the unpredictability of tariffs and emphasizes a pati...
Federal Reserve Chair Jerome Powell remarks on the U.S. economy's solid performance, low unemployment, and the uncertainty surrounding tariffs and monetary policy decisions.
Federal Reserve Chair Jerome Powell comments on the U.S. economy's strength, citing solid nonfarm payrolls and low unemployment. He addresses uncertainty, tariffs, and the Fed's ca...
Federal Reserve Chair Jerome Powell affirms the U.S. economy's solid performance, citing low unemployment and the latest nonfarm payrolls. Amid uncertainties, the Fed adopts a pati...
President Trump has set a 25% tariff on South Korea and plans new tariffs on semiconductors and pharmaceuticals, causing stock market volatility and international trade discussions...
Federal Reserve Bank of New York President John Williams discusses the early stages of understanding tariff impacts, emphasizing uncertainty and the need for data monitoring. He al...
Crude oil prices surged over 1% on Tuesday, attempting to recover from the previous day's market selloff. Investors are focused on U.S. economic indicators and the impact of tariff...
President Donald Trump announced a historic $3 trillion investment into the U.S. economy on his inauguration day, marking a significant push for economic growth through pro-market ...
Wall Street stocks climbed in premarket trading as investors awaited economic data and mourned the passing of former President Jimmy Carter. Updates on the U.S. services and manufa...
President-elect Donald Trump announces SoftBank's plan to invest $100 billion in the U.S., aiming to create 100,000 AI-focused jobs. This follows a previous $50 billion pledge by S...
