Economy
Fuel Price Dip Drives 10% Consumer Sentiment Gain in July
Consumer sentiment improved by 10% in early July, marking the second consecutive monthly jump, according to the University of Michigan. The rise...
Economy 240 articles
Economy
US Jobless Claims Hit 10-Week Low at 208,000
US weekly unemployment claims fell to 208,000, the lowest level in 10 weeks, signaling a robust job market with historically low layoffs.
Economy
Trump Administration Scrambles to Restore Tariffs by July 24 Deadline
The Trump administration is urgently working to replace billions in lost tariff revenue after a Supreme Court ruling invalidated key import taxes,...
Economy
US Slaps 25% Tariff on Brazilian Goods Over Unfair Trade
The US will implement a 25 percent tariff on some Brazilian imports from July 22, citing unfair trade practices identified in a...
Economy
US Imposes 25% Tariffs on Brazil Ahead of October Election
The US will levy a 25% tariff on most Brazilian imports starting July 22, marking the first such action since the Supreme...
Economy
China’s Economic Growth Decelerates Sharply, Missing Official Target
China's economy grew 4.3% in Q2, falling short of Beijing's target. Weak domestic demand and oil price shocks from the Iran war...
Economy
China’s Q2 Growth Slows to 4.3% Amid Domestic Spending Lag
China's economy expanded by 4.3% in the second quarter, its slowest pace since late 2022, as robust exports failed to offset weak...
Economy
China’s Q2 Growth Hits Post-Covid Low at 4.3%
China's economy expanded by 4.3% in the second quarter, marking its weakest growth since late 2022, driven by subdued consumer demand despite...
Economy
Warsh Pledges Inflation Fight, Stays Silent on Rate Path as Fed Divides
Federal Reserve Chair Kevin Warsh pledged to make high inflation "a thing of the past" in his first testimony, yet provided no...