Tag: USA

Hassett to join Trump at Davos, pledges Fed independence if appointed

National Economic Chief Kevin Hassett announced Friday he will accompany President Trump to Davos next week, where Trump is expected to unveil a new plan allowing 401(k) funds to be used for home down payments.

Russia says it’s monitoring Trump’s ‘extraordinary’ push to take over Greenland

Russia called the Trump administration’s threats to take over Greenland “extraordinary” on Friday, adding it would continue monitoring the situation.

Initial jobless claims drop, beating expectations and previous figures

The number of individuals filing for unemployment insurance for the first time in the past week, known as Initial Jobless Claims, has seen a decrease, according to recent economic data. The actual number of claims came in at 198,000, a figure that exceeded both forecasted and previous numbers.

Trump says Iran has told him ‘killing has stopped’ as he pulls back from strike threats

Donald Trump has at least temporarily pulled back from threats to strike Iran, saying he has been assured the killing of protesters has been halted and no executions are being planned.

U.S. producer prices increased marginally, but “core” shows bigger growth

The growth in U.S. producer prices slowed substantially in October on a monthly basis, and grew only marginally in November, but a hefty rise in the widely-watched “core” figure added to the uncertainty surrounding the U.S. Federal Reserve’s monetary policy this year.

Inflation eases in December, core consumer prices rise at slowest pace since March 2021

Inflation eased in December as core consumer prices rose at the slowest annual rate since March 2021 in the final month of the year.

Trump orders his ‘Representatives’ to buy $200 billion in mortgage bonds

U.S. President Donald Trump said on Thursday he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs.

U.S. payrolls rose 50,000 in December, less than expected; unemployment rate at 4.4%

Nonfarm payrolls were expected to rise by 73,000 in December as the unemployment rate moved lower to 4.5%, according to the Dow Jones consensus estimate

United States Housing Starts (MoM) came in at 1.246M, below expectations (1.33M) in October

United States Housing Starts (MoM) came in at 1.246M, below expectations (1.33M) in October

Trump Cancels Second Attack on Venezuela, Cites Cooperation

US President Donald Trump said a second wave of attacks on Venezuela has been canceled, citing improved cooperation from the country.

Defense stocks surge after Trump calls for $1.5 trillion military budget in 2027

Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027.

Private payrolls rose 41,000 in December, slightly below expectations, ADP says

Private sector job creation turned positive in December though at a bit softer pace than expected, payrolls processing firm ADP reported Wednesday.

Initial jobless claims dip, beating forecast and previous figures

The number of individuals who filed for unemployment insurance for the first time, otherwise known as initial jobless claims, experienced a decrease recently. The actual figure recorded was 199,000, a significant deviation from the forecasted 219,000.

Fed minutes show officials were in tight split over December rate cut

The Federal Reserve on Tuesday released minutes from its highly divisive meeting earlier this month, which concluded with a vote to lower interest rates again that appeared to be an even closer call than the final vote indicated.

US weekly jobless claims unexpectedly fall

The number of Americans filing new applications for jobless benefits unexpectedly fell last week, but the unemployment rate likely remained high in December amid sluggish hiring.

US Industrial Production sees modest growth, outperforms forecasts

The United States’ Industrial Production, a key indicator of the country’s manufacturing, mining, and utility output, has reported a positive shift.

Fed’s Hammack signals holding rates steady for months, WSJ reports

Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. interest rates for months ahead after the central bank cut borrowing costs at its last three meetings, the Wall Street Journal reported on Sunday.

Waller had a ‘strong interview’ for Fed chair with Trump as president appears to turn focus to job market

Federal Reserve Governor Christopher Waller had a “strong interview” for the central bank chair position with President Donald Trump in which the two discussed the labor market in depth and how to jumpstart job creation, according to senior administration officials.

Χατζηδάκης στο Bloomberg: Το deal Ελλάδας-ΗΠΑ αναδιαμορφώνει τον ενεργειακό χάρτη της Ευρώπης

Οι πρόσφατες συμφωνίες ελληνικών εταιρειών για εισαγωγή αμερικανικού LNG στη χώρα, με σκοπό την επανεξαγωγή του στην Κεντρική και Ανατολική Ευρώπη, «αλλάζουν το ενεργειακό μέλλον της Ευρώπης», δήλωσε ο αντιπρόεδρος της κυβέρνησης, Κωστής Χατζηδάκης, σε συνέντευξή του στην τηλεόραση του Bloomberg.

Tariff Rebate Checks Are a $600 Billion Answer to Trump’s Political Problems

President Donald Trump says he wants to send $2,000 “tariff dividends” to most Americans using the money the levies have brought in so far. There is virtually no way to do so without blowing an even bigger hole in the federal debt.