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US ECONOMY
US appeals court blocks Donald Trump's $400 million White House ballroom projectA federal appeals court has ordered the Trump administration to stop White House ballroom construction. The court upheld a preliminary inju...- Trump says Congress wants to regulate AI industry "out of business"President Trump opposes stricter artificial intelligence industry regulations proposed by Congress. Lawmakers are considering federal guard...
- US unemployment rate eases to 4.1%; employers cut 23,000 jobs in JulyThe United States economy unexpectedly lost jobs in July, which may affect Federal Reserve decisions. Nonfarm payrolls decreased by 23,000 ...
- Is this China’s plan to subjugate America? The truth behind Beijing buying vast tracts of land in the USAChinese investors own a tiny fraction of American agricultural land. This ownership represents only about 0.02 percent of total U.S. acreag...
- To poll or not to poll: Trump’s US economy claims tell only part of the storyDonald Trump touts economic successes, but facts present a mixed picture. Job growth has slowed considerably in recent years, despite recor...
- US Stock Market: Fed's Daly backs steady rates, says more inflation data needed before September decisionSan Francisco Fed President Mary Daly backed the Federal Reserve's decision to keep interest rates unchanged, saying policymakers need more...
- World Bank urges developing nations to seize AI opportunityDeveloping nations should embrace artificial intelligence for rapid advancement. AI offers significant improvements in healthcare, educatio...
- AI can accelerate growth in developing economies, says World BankDeveloping economies are experiencing their weakest average growth performance in three decades. The report said AI could significantly lif...
- US trade deficit contracts in JuneThe United States trade deficit saw a decrease in June. This contraction occurred as imports dropped significantly during the month. Howeve...
- US Treasury Secretary Scott Bessent suggests Federal Reserve should consider raising FIMA liquidity facilityUS Treasury Secretary Scott Bessent suggested increasing a key emergency liquidity facility. This facility helps stabilize the Japanese yen...
- Envoy Kwatra deepens India-US ties through talks on trade, education, investment in GeorgiaAmbassador Vinay Mohan Kwatra met Georgia Governor Brian Kemp to discuss trade. He also engaged with UPS CEO Carol Tome on economic partner...
- Yen clings to intervention gains as traders stay alert to moreThe yen maintained intervention-driven gains after joint Tokyo and Washington action. Speculators are wary of rebuilding bearish positions,...
- Democrats lead Republicans on economy as Trump approval falls, poll findsAmericans now see Democrats as better economic managers than Republicans. President Donald Trump's approval rating has fallen to thirty-fiv...
- US factory activity accelerates, uncertainty remains high: surveyUS manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent,...
- Why immigration remains strong for Trump among Republicans, according to a new AP-NORC pollDonald Trump's immigration approval has slipped to 39%, but it remains his strongest issue among Republicans, outpacing the economy and Ira...
- Trump's push for lower US interest rates faces setback as borrowing costs climb before midtermsTrump's promise of lower interest rates is under pressure as Treasury yields climb and financial markets move contrary to the administratio...
- US economy expands 1.5% in Q2, misses forecasts despite spending reboundThe US economy expanded at a slower 1.5% pace in the second quarter. Strong consumer spending and AI infrastructure investment supported ov...
- Trump says tariffs won’t hurt US economy, claims levies will bring ‘hundreds of billions of dollars’ in investmentsPresident Donald Trump defended his tariff strategy, asserting it attracts hundreds of billions in investments. He stated these tariffs rep...
- Trump's new student visa rule could cost US economy up to $400 billion a yearA new report by the Peterson Institute for International Economics (PIIE) warns that the Trump administration's new student visa rule could...
- America's 'mass affluence' is bigger than you thinkThe U.S. economy is increasingly defined by a K-shaped recovery, but the affluent group driving growth is far larger than a small elite. Ac...
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