U.S. President Joe Biden suggested to unionized steelworkers on Wednesday that his administration would block the acquisition of U.S. Steel by a Japanese company as…
Posts tagged as “US economy”
Persistently elevated inflation will likely delay any U.S. Federal Reserve’s (Fed) interest rate cuts until later this year, its Chair Jerome Powell warned Tuesday, opening…
Ever since the U.S. Federal Reserve (Fed) signaled last fall that it was likely done raising interest rates, pretty much everyone, from Wall Street traders,…
Many Americans are in a sour mood about the state of the economy for one main reason: Prices seem excessively high. Maybe they’re not rising…
The U.S. Federal Reserve (Fed) is widely expected to maintain its key lending rate steady again on Wednesday, as policymakers continue discussions over when to…
Inflation in the United States rose solidly in February, official data showed Tuesday, in a surprise acceleration that suggests some stickiness in consumer prices that…
The dollar is being supported by a stronger-than-expected U.S. economy, which is frustrating investors who anticipated that the currency would wilt due to a barrage…
U.S. consumer prices surged more than expected in January amid rises in the costs of shelter and health care and came in above 3% on…
While the U.S. economy is showing signs of recovery, many Americans have depleted their savings and run up their credit card balances after fighting inflation…
The United States is on an “unsustainable” path concerning its national debt and it is time to address the issue, according to Federal Reserve (Fed)…