Tag: USA

Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.

The United States is allowing Iranian oil tankers to transit the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC in an interview Monday.

Top U.S. and Chinese economic officials were due to ​conclude talks in Paris on Monday, with potential areas of agreement in agriculture, critical minerals and managed trade that could be taken up by U.S. President Donald ‌Trump and Chinese President Xi Jinping in Beijing, sources familiar with the discussions said.

Economic growth was much slower than expected in the final three months of 2025 while core inflation rose to start 2026, the Commerce Department reported Friday.

The United States’ trade balance has shown a marked improvement, according to the latest economic data. The trade balance, which measures the difference in value between the country’s imports and exports, recorded a deficit of $54.50 billion.

Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook.

Oil and gas companies urged the European Union on Monday to pause its methane emissions law, warning it could disrupt Europe’s fuel ​imports when tougher provisions kick in next year.

The U.S. economy lost jobs in February, a month marred by severe winter weather and a strike at a major health care provider, the Bureau of Labor Statistics reported Friday.

The producer price index for total final demand rose 0.5% in January, an acceleration from December’s revised 0.4% monthly advance, the Bureau of Labor Statistics reported on Friday morning.

Slightly more Americans applied for unemployment benefits last week as layoffs remain at relatively healthy levels.

The U.S. has breached the terms of its trade deal with the European Union and the bloc is ready to retaliate if necessary, a top EU trade lawmaker told CNBC.

Ο Κάθετος Διάδρομος μπαίνει στο επίκεντρο των ανατροπών που έχει πυροδοτήσει η απόφαση των Ανώτατου Δικαστηρίου των ΗΠΑ, με την οποία ακύρωσε τους δασμούς Τραμπ.

Economic growth cooled near the end of 2025 while inflation held firm, according to data released Friday that could complicate the Federal Reserve’s interest rate path.

President Donald Trump warned Iran on Thursday it must make a deal over its nuclear program or “really bad things” will happen, and set a deadline of 10 to 15 days, drawing a threat from Tehran to retaliate against U.S. bases in the region if attacked.

More than $175 billion in U.S. tariff collections are at risk of having to be refunded if the U.S. Supreme Court rules against President Donald Trump’s broad emergency tariffs, Penn-Wharton Budget Model economists said on Friday.

Durable Goods in the US dropped to $319.6 billion, or 1.4%, in December, the US Census Bureau reported on Wednesday. This print followed the 5.4% increase recorded in the previous month and surpassed market expectations for a 2.0% contraction.

Peace talks between Ukraine and Russia in Geneva ended on Wednesday after only two hours, with President Volodymyr Zelenskiy describing them as “difficult” and accusing Russia of deliberately delaying progress toward a deal to end the four-year-old war.

Mortgage interest rates dropped last week to the lowest level in a month, prompting more current borrowers to seek savings in a refinance.

Iran’s supreme leader warned on Tuesday that U.S. attempts to depose his government would fail, as Washington and Tehran began indirect talks in Geneva on their long-running nuclear dispute amid a U.S. military buildup in the Middle East.

The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease.