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Keywords: US economy
The United States economy recorded a stronger pace of growth in the first quarter of 2026, according to data released by the Department of Commerce, signaling a gradual recovery following the disruptions caused by a prolonged federal shutdown in the previous year. The final estimate of gross domestic......
Bank of America’s research division has projected that the US Federal Reserve could resume raising interest rates in 2026 as policymakers continue to monitor inflationary pressures and the resilience of the American economy. According to the bank’s latest outlook, the central bank may implement......
U.S. stock markets recovered sharply late in the trading session after President Donald Trump suggested the war involving the United States and Israel against Iran could soon come to an end, easing some of the pressure from an energy shock that had shaken global markets earlier in the day. Oil prices......
President Donald Trump has selected Kevin Warsh, a former Federal Reserve governor, to succeed Jerome Powell as chair of the U.S. central bank. The announcement, shared on Trump's Truth Social platform, underscores his belief that Warsh possesses exceptional qualifications and will rank among the......
Christopher Waller, one of the governors of the US Federal Reserve, urged the central bank on Thursday to lower its benchmark interest rate at the next monetary policy meeting scheduled for September 16–17. Speaking in Miami, Waller expressed regret that no rate cut was made in July but stressed......
Apple has announced its largest-ever investment initiative, pledging to inject over $500 billion into the United States economy over the next four years. The tech giant also plans to create 20,000 new jobs as part of this ambitious strategy, which has drawn swift praise from U.S. President Donald Trump. In......