Trump Imposes 25% Tariffs on Canada and Mexico Starting February 1
President Donald Trump has announced the implementation of a 25% tariff on imports from Canada and Mexico, effective February 1.
Clash for U.S. Steel: Domestic Producers vs. Foreign Takeover
National security concerns and corporate rivalries ignite a fierce battle for one of America’s steel giants.
Durable Goods Orders Tumbled In November, But...
It was the best of times, it was the worst of times...
The Fed Has Made Its Final Rate Decision of the Year
U.S. Federal Reserve officials announced their third and final interest rate cut of 2024 on Wednesday, but investors were keenly focused on something else: where they see policy heading in 2025.
U.S. Consumer Spending Rises Solidly, Inflation Appears Stuck Above Fed Target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth quarter, but progress on lowering inflation appears to have stalled in recent months.
U.S. CPI Up, Offering a Difficult Puzzle for Fed’s Powell
The U.S. Consumer Price Index rose 0.2% MoM, posting the same increase as in the previous three months.
What Donald Trump's Election Win Means for the World Economy
With President-elect Donald Trump returning to the White House, his economic ideas could soon become reality.
GDP: U.S. Economy Grows at Slower-than-Expected Pace in Third Quarter as Inflation Falls
The U.S. economy grew at a slightly less rapid pace than economists had expected in the third quarter.
Dow Dropped More than 400 Points, Heading for Worst Day in Over a Month
U.S. stocks fell sharply on Wednesday, October 23, with the Dow Jones Industrial Average on track for its worst day in over a month, as higher Treasury yields weighed on market sentiment.
Chip Stocks Fall as ASML's Weak Outlook Raises Concerns of Non-AI Chip Demand
Semiconductor stocks in the United States and Asia fell after chip equipment maker ASML (ASML) cut its annual sales forecast over weak non-AI chip demand.
U.S. Economy and Macro Week Ahead: Key Events No-one should Miss
It starts in the week ahead with the central bank's annual conclave in Jackson Hole, Wyoming, continues in the first week of September with a seemingly make-or-break jobs report.
Weak Jobs Report Shows ‘There’s a Strong Case’ for Fed Rate Cuts before Next Meeting
Wall Street has ramped up forecasts on how much the Federal Reserve will cut interest rates after the disappointing July jobs report raised fears of a recession, and a JPMorgan economist said there’s even an argument to be made for an unscheduled cut.
US Economy Showing Signs of 'Goldilocks' to Start Third Quarter
The U.S. economy continues to show signs of resilient growth while inflation pressures subside.
Five of 12 Fed Districts Report Flat or Declining Economic Activity, Beige Book Finds
U.S. economic activity seemed to soften in the past two months, with five of the Federal Reserve’s 12 regions reporting flat or declining activity, a Fed survey released Wednesday found.