Inflation in the United States rose moderately in May as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel…
Posts tagged as “US economy”
The dollar tested its 2025 low on Thursday, while stocks eased from record highs, as a mixture of rising Middle East tensions and concern over…
Businesses across multiple industries, including some of the world’s largest conglomerates, are feeling the pinch of escalating tensions and trade war brought on by U.S.…
Most Americans have an unfavorable view of U.S. President Donald Trump, amid declining support driven by economic concerns and his recent trade policies, a recently…
The Biden administration introduced new measures to improve access to affordable housing amid significant increases in living expenses due to high grocery prices, other essential…
U.S. President Donald Trump accused the Federal Reserve (Fed) and its Chair Jerome Powell on Wednesday of failing “to stop the problem they created with…
U.S. President-elect Donald Trump’s nominee for Treasury secretary said on Thursday that the dollar should continue to be the world’s reserve currency, while emphasizing the…
Major banks and business groups, including the American Bank Association, sued the U.S. Federal Reserve (Fed) on Tuesday, alleging that the U.S. central bank’s annual…
U.S. Congress has been left without a clear strategy prevent an imminent government shutdown that threatens to disrupt Christmas travel plans as a spending bill…
Despite a recent uptick in inflation, the U.S. Federal Reserve (Fed) is widely expected to announce a quarter-point reduction to its lending rate on Wednesday…