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U.S. economy

U.S. adds 139K jobs amid trade war uncertainty
Jun 6, 2025

U.S. adds 139K jobs amid trade war uncertainty

U.S. employers added 139K jobs as hiring slowed. Trump’s trade policies stir economic fears, though recession signals remain unclear.

US stocks drift as S&P 500 flirts with its first drop in 7 days
May 20, 2025

US stocks drift as S&P 500 flirts with its first drop in 7 days

U.S. stocks slipped as Wall Street rally loses steam. Travel stocks fell, quantum tech soared, and tariff, debt fears continue to pressure markets.

Wall Street drifts lower as S&P 500 flirts with its first loss of the week
May 15, 2025

Wall Street drifts lower as S&P 500 flirts with its first loss of the week

U.S. stocks fall as trade war uncertainty persists. Oil prices drop amid possible Iran deal. Market reacts to mixed economic and corporate signals.

Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last
May 13, 2025

Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last

U.S. inflation cooled to 2.3% in April, its lowest in four years, despite new tariffs. Economists expect price hikes by summer as trade effects deepen.

Powell says Federal Reserve can wait on any interest rate moves
May 7, 2025

Fed holds interest rate at 4.3% amid tariff and inflation uncertainty

The Fed kept rates steady at 4.3%, citing rising risks of inflation and unemployment due to Trump’s sweeping tariffs on imports from China and beyond.

FILE - In this July 31, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. (AP Photo/Manuel Balce Ceneta, File)
May 7, 2025

Fed holds rates steady amid tariff-driven inflation risk

The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.

Federal Reserve likely to defy Trump, keep rates unchanged this week
May 5, 2025

Federal Reserve likely to defy Trump, keep rates unchanged this week

The Federal Reserve is expected to hold interest rates steady despite pressure from Trump and tariff concerns, as inflation remains above target.

U.S. adds 177K jobs despite trade war, hiring slows
May 2, 2025

U.S. adds 177K jobs despite trade war, hiring slows

U.S. employers added 177,000 jobs in April, beating expectations. Labor market remains resilient despite trade wars, tariffs, and federal job cuts.

President Donald Trump speaks with reporters as he participates in a ceremonial swearing in of Paul Atkins as chairman of the Securities and Exchange Commission, in the Oval Office of the White House, Tuesday, April 22, 2025, in Washington. (AP Photo/Alex Brandon)
Apr 30, 2025

Trump’s tariffs echo Hoover-era economic missteps

Trump's 2025 tariffs trigger market turmoil, drawing comparisons to Hoover's Depression-era policies and warnings from economists and business leaders.

US consumer confidence plunges to lowest in 5 years on tariff worries
Apr 29, 2025

US consumer confidence plunges to lowest in 5 years on tariff worries

Consumer confidence in the U.S. fell for a fifth straight month, hitting the lowest level since 2020 amid rising tariff concerns and recession fears.

Javid Moghaddasnia, Director of Customer Engagement, discusses American Giant clothing while being interviewed at the company's showroom in San Francisco, Thursday, April 17, 2025. (AP Photo/Jeff Chiu)
Apr 24, 2025

Most Americans expect higher prices as a result of Trump’s tariffs, a new AP-NORC poll finds

An Associated Press-NORC Center for Public Affairs Research poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering.

US Treasury secretary says trade war with China is not ‘sustainable’
Apr 22, 2025

US Treasury secretary says trade war with China is not ‘sustainable’

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies. But in a private speech in Washington for JPMorgan Chase, Bessent also cautioned that talks between the United States […]

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