Tag: USA

Treasury Secretary Scott Bessent on Sunday dismissed concerns Americans might be having about a potential impending recession and the status of their retirement plans, saying that President Donald Trump and his administration are “building the long-term economic fundamentals for prosperity.”

U.S. President Donald Trump’s tariff measures could slow euro area economic growth by anywhere between 0.5 and 1 percentage points, Greek central bank governor Yannis Stournaras told the Financial Times in an interview published on Monday.

Wall Street is starting to turn on President Donald Trump and his tariffs policy.

Μετά τη χειρότερη έναρξη τριμήνου από την παγκόσμια χρηματοπιστωτική κρίση του 2008, ο πόνος στα διεθνή χρηματιστήρια θα έχει όπως φαίνεται συνέχεια.

Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday.

Τον αντίκτυπο της επιβολής καθολικών δασμών από τον Ντόναλντ Τραμπ στην παγκόσμια οικονομία και στην Ελλάδα, εξήγησε ο γενικός διευθυντής του ΙΟΒΕ και καθηγητής Οικονομικών, Νίκος Βέττας.

Big surge in unemployment filings for federal workers fails to materialize.

President Donald Trump on Wednesday laid out the U.S. “reciprocal tariff” rates that more than 180 countries and territories, including European Union members, will face under his sweeping new trade policy.

China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.S. trading partners around the world.

A surge in federal government job cuts contributed to a near record-setting pace for announced layoffs in March, exceeded only by when the country shut down in 2020 for the Covid pandemic, according to a report Thursday from job placement firm Challenger, Gray & Christmas.

U.S. President Donald Trump’s administration is planning an executive order that would ease rules governing exports of military equipment, and could announce it as soon as Tuesday or Wednesday, four sources familiar with the discussions said.

President Donald Trump’s forthcoming tariffs will take effect right after they are unveiled on Wednesday, the White House said.

U.S. manufacturing contracted in March after growing for two straight months, while a measure of inflation at the factory gate jumped to the highest level in nearly three years amid rising anxiety over tariffs on imported goods.

U.S. Commerce Secretary could withhold promised grants under the CHIPS Act in a bid to increase investments by major chipmakers in the U.S., Bloomberg reported on Tuesday.

President Donald Trump of the United States said on Sunday that reciprocal tariffs he is set to announce this week would affect all nations, and not just a smaller group of 10 to 15 countries with the biggest trade imbalances.

U.S. President Donald Trump threatened to impose “far larger” tariffs on the European Union (EU) and Canada if they work together to combat trade tariffs.

Some 224,000 people who lost their jobs applied last week for unemployment benefits, a very low number that suggests the U.S. labor market is still in good shape even as trade wars reverberate through the economy.

The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight upgrade of its previous estimate of fourth-quarter growth.

Donald Trump’s 25% auto tariff announcement late on Wednesday ripped across world stock markets overnight, but Wall Street futures held the line ahead of today’s bell as investors questioned just how much more tariff pain is coming next week.

Oil prices edged higher on Wednesday as concerns about tighter global supply grew following the U.S. threat of tariffs on nations buying Venezuelan crude, along with a larger-than-expected drop in U.S. crude inventories.