Tag: USA

Zelenskyy planning elections in Ukraine and vote on peace deal

Ukraine has begun planning presidential elections alongside a referendum on any peace deal with Russia, after the Trump administration pressed Kyiv to hold both votes by May 15 or risk losing proposed US security guarantees.

U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3%

Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market.

Tariff bill in U.S. states hits $200 billion as affordability and Trump head into midterms showdown

New analysis of U.S. Census data shows that states across the U.S. where key midterm elections will take place this year paid over $134 billion in tariffs in the period since President Donald Trump began implementing widespread trade duties in March 2025 through last November.

Disappointing holiday season: December retail sales were flat, falling well short of estimate

Consumer activity slowed sharply for the December holiday shopping season amid a spate of rough weather, tariff impact and persistently higher inflation, the Commerce Department reported Tuesday.

Taiwan says 40% shift of chip capacity to US is ’impossible’

It would be “impossible” to move 40% of Taiwan’s semiconductor capacity to the U.S., the island’s top tariff negotiator said, pushing back against recent comments by American officials who called for a major production shift.

China Urges Banks to Curb US Treasuries Exposure on Market Risk

Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, citing concerns over concentration risks and market volatility, according to people familiar with the matter.

US Jobless Claims Increased by More Than Forecast Last Week

Applications for US unemployment benefits rose by more than forecast last week, when severe winter weather curtailed business activity.

ADP Nonfarm Employment Change underwhelms, falling short of expectations

The latest data from the ADP National Employment Report, a key indicator of the monthly change in non-farm, private employment, has been released, revealing an underwhelming figure. The actual number of jobs added stood at 22K, falling significantly short of the forecasted 46K.

Trump’s tariff cut sparks relief in India despite scant details

U.S. President Donald Trump’s move to slash tariffs on Indian imports sparked a relief rally across the Asian country’s markets on Tuesday, lifting sentiment among exporters and policymakers even as details of the agreement remained scant.

Trump launches $12 billion minerals stockpile to counter China, Bloomberg News reports

U.S. President Donald Trump is set to launch a strategic critical minerals stockpile with $12 billion in seed money, Bloomberg News reported on Monday, citing people familiar with the matter.

Trump nominates Federal Reserve critic Kevin Warsh as its next chair

Donald Trump has announced Kevin Warsh as his nomination for the next chair of the Federal Reserve, selecting a candidate who has been an outspoken critic of the US central bank.

Trump throws down new tariff threats toward Canada and Mexico

President Donald Trump threatened additional tariffs against Canada and Mexico late Thursday, in his latest move to raise trade tensions with U.S. allies.

Fed holds key interest rate steady as economic view improves

The Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader.

Dollar tumbles to a four-year low as Trump claims it’s ‘doing great’

The U.S. dollar fell to its lowest level in four years on Tuesday, despite President Donald Trump claiming it was “doing great” in a speech in Iowa.

Health insurers tumble after Trump administration proposes keeping Medicare Advantage rates flat next year

Shares of several big-name health care companies plunged after the Trump administration proposed nearly flat rates for Medicare Advantage insurers.

Trump Raises Tariffs on South Korean Goods to 25%

Tariffs on imported autos, pharmaceuticals, and lumber from South Korea are rising to 25% because the country’s legislature hasn’t enacted the trade agreement with the U.S., President Donald Trump said Monday.

Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs

Canada has “no intention” of pursuing a free trade deal with China, Prime Minister Mark Carney said, after U.S. President Donald Trump threatened to slap punitive tariffs on Ottawa.

Memory chip shortage to last through 2027, semiconductor boss says

Price rises and memory shortages are likely to continue through 2027, a top semiconductor industry CEO told CNBC, adding to the view that the crunch that’s been caused by the AI infrastructure boom may last longer than expected.

Shutdown Risk Rises After Minneapolis Shooting. How It Will Unfold.

This past weekend the chances of a partial government shutdown went from unlikely to a near inevitability. The shootings in Minneapolis are to blame.

U.S. grew 4.4% in the third quarter, GDP shows. Economy showed little sign of slowing.

The economy expanded at zippy 4.4% annual pace in the 2025 third quarter, an updated estimate showed, to keep the U.S. on track to score the fifth straight year of above-average growth.