Tag: US economy
Goldman Sachs Delays Fed Rate Cut Call Despite Soft US Jobs...
Goldman Sachs has revised its outlook for U.S. interest rate cuts, pushing back its expectations for easing by the Federal Reserve. In a note...
U.S. Manufacturing Contracts for Tenth Consecutive Month in December
U.S. manufacturing activity continued to contract in December, marking the tenth consecutive month of decline as tariff-related pressures showed little sign of easing heading...
U.S. Economy Expands 4.3% in Q3, Far Beating Forecasts
The U.S. economy expanded at a strong 4.3% annualized rate in the third quarter, according to data released by the U.S. Commerce Department, significantly...
U.S. Dollar Recovers Some Losses After Strong Growth Data
The U.S. dollar pared earlier losses against both the Japanese yen and the euro on Tuesday after fresh data showed stronger-than-expected economic growth in...
U.S. Stocks Edge Lower as Strong GDP Clouds Fed Rate-Cut Outlook
U.S. stocks opened modestly lower on Tuesday after a stronger-than-expected third-quarter GDP report fueled concerns that resilient economic growth could lead the Federal Reserve...
As Midterms Near, Trump Bets on the Economy to Win Voters
Donald Trump used a campaign-style speech in North Carolina on Friday to promote his party’s electoral prospects, arguing that his economic leadership puts Republicans...
U.S. Stocks Jump After Soft PCE Data Fuels Fed Rate Cut...
U.S. stocks moved higher on Friday after a mild inflation reading strengthened expectations that the Federal Reserve could cut interest rates next week.
By 10:15...
Inflation Nudges Higher: September PCE Data Reveals Fresh Rise
The U.S. Commerce Department reported on Friday that the delayed Personal Consumption Expenditures (PCE) price index rose slightly to 2.8% in the 12 months...
Trump Teases Early-2026 Reveal of New Fed Chair
President Donald Trump said on Tuesday that he will announce his pick to replace Jerome Powell as Federal Reserve Chair early next year. His...
AI Begins to Slow U.S. Job Market as Economy Stalls
The latest Federal Reserve Beige Book, released on Wednesday, shows that the U.S. economy remained largely unchanged even as consumer spending continued to ease...
