Tag: USA

U.S. President Donald Trump has urged Ukrainian President Volodymyr Zelenskyy to stop targeting Russian oil refineries, saying the attacks are “hurting the world” as fuel supply disruptions from the Ukraine and Iran wars propel U.S. diesel prices to a record high.

Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that could be the deciding factor on whether the Federal Reserve raises interest rates next week.

U.S. wholesale prices rose in August, according to a report Thursday that could play a key role in the Federal Reserve’s upcoming interest rate decision.

President Donald Trump has promised every adult American citizen a $5,000 “dividend” if the Republicans are victorious in the upcoming midterm elections.

US Treasury secretary Scott Bessent has warned traders not to bet against the yen, saying that “I am the house now” following his recent intervention to support the Japanese currency.

The U.S. economy added jobs at a brisk pace in August, reversing a summer slowdown in hiring, while the unemployment rate held steady.

Some Chinese rare earth suppliers are declining to ship to the U.S. for fear of repercussions from Beijing, three sources said, ​underscoring how access to the materials remains an issue for the U.S. weeks before President Xi Jinping visits Washington.

The Federal Reserve’s cryptic chairman is set to deliver his much-awaited keynote address Friday in Jackson Hole, with markets trying to anticipate what, if anything, he will have to say on key matters affecting the economy and monetary policy.

Iran’s foreign ministry on Friday called on “all countries” not to implement U.S. sanctions against Tehran, warning that doing so would represent “complicity” in imposing the “illegal will” of the United States.

The new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation and Donald Trump’s tax and spending plans.

The latest data on initial jobless claims in the United States has shown a decrease, with the actual number of claims coming in at 203,000.

Beijing has warned the US that it would retaliate against any significant expansion of the Trump administration’s new secondary sanctions relating to Iran that hit Chinese companies.

Oil prices fell more than 3% on Tuesday, after the New York Times reported the State Department plans to return evacuated diplomats to the Middle East, in a sign the U.S. does not expect a return to full-scale war.

The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior Treasury officials.

Countries that calculate appeasement of the regime to be a safer choice should reconsider

The Canadian dollar fell on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods and threatening Canada’s economic growth.

U.S. President Donald Trump ​said on Friday he would allow up ‌to 300,000 metric tons of ground beef to be imported without impacting ​tariff quotas as part of ​a 90-day deal aimed at ⁠lowering prices as U.S. consumers ​struggle with grocery bills.

Iran vowed on Friday to deliver a “devastating” response to any new U.S. threats, as Washington threatened to slap historically “tough” sanctions on Tehran.

Applications for US unemployment benefits edged lower last week, staying near historically low levels and suggesting few layoffs across the labor market.

Bond yields climbed Thursday morning, erasing most of the pullback they saw the previous day after the Treasury Department announced an intervention aimed at easing pressure on longer-dated government debt.