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Keywords: U.S. economy
Supply chain pressures in the United States increased in March, reaching levels not seen since early 2023, according to data released by the Federal Reserve Bank of New York. The bank’s latest Global Supply Chain Pressure Index (GSCPI) rose to 0.68 in March, up from 0.54 in February. A reading......
More than two weeks after the outbreak of the Middle East conflict, U.S. President Donald Trump has ruled out any agreement with Iran for now, stating that the terms offered are “not good enough.” In an interview with NBC, Trump emphasized that a deal must be “very strong” and......
Christine Lagarde, President of the European Central Bank (ECB), warned on Monday that if former U.S. President Donald Trump were to gain control over American monetary policy, it would pose “a very serious danger” to both the U.S. and global economies. Speaking on Radio Classique, Lagarde......
U.S. President Donald Trump announced on Friday that he plans to unveil new tariffs on semiconductors in the “next week or the following week,” ahead of his trip to Alaska to meet Russian President Vladimir Putin. “I will announce new tariffs next week or the week after, on steel and,......
Global financial markets turned their attention on Friday to rising geopolitical tensions over the war in Ukraine and the potential implications of U.S. tariffs. Early trading in Europe saw modest gains: Paris rose by 0.30%, London by 0.27%, Milan by 0.23%, and Zurich by 0.31%, while Frankfurt slipped......
U.S. Treasury Secretary Scott Bessent said Tuesday that there is currently no reason for Federal Reserve Chairman Jerome Powell to resign, despite growing political pressure and criticism from President Donald Trump. “There is nothing at this time that suggests he should step down,” Bessent......
In a move that has sparked both economic anticipation and environmental concern, President Donald Trump signed an executive order to promote deep-sea mining across U.S. and international waters. The aim is to strengthen U.S. access to vital minerals and reduce reliance on China, which currently dominates......
The U.S. economy experienced a slowdown in growth during the fourth quarter, though strong domestic demand is expected to keep the Federal Reserve cautious in its approach to interest rate cuts. According to the Commerce Department’s Bureau of Economic Analysis, the gross domestic product (GDP)......
The U.S. dollar is poised to achieve its best annual performance in nearly a decade, supported by a combination of economic strength and growing demand. Throughout the year, the dollar has seen a significant appreciation of 7%, marking its most substantial rise since 2015. This surge has led to a decline......