Tag: USA

Wholesale Inflation Increased in January by More Than Forecast

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.

US filings for jobless aid rise modestly to 212,000 as layoffs remain at historically healthy levels

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

U.S. has breached trade deal and Europe is ready to retaliate, top trade lawmaker tells CNBC

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.

Κάθετος Διάδρομος: Κληρώνει στην Ουάσιγκτον η τύχη της νότιας πύλης αερίου στην Ευρώπη

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.

Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate

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.

Trump warns Iran of ‘bad things’ if no deal made, sets deadline of 10-15 days

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.

US tariff revenue at risk in Supreme Court ruling tops $175 billion, Penn-Wharton estimates

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.

US Durable Goods Orders contracted 1.4% in December

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.

‘Difficult’ Ukraine peace talks end after Zelenskiy says Russia stalling

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 rates sink to the lowest level in a month, sparking more refinance demand

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

Iran partially shuts Strait of Hormuz as US, Iran hold nuclear talks

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.

Consumer prices rose 2.4% annually in January, less than expected

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.

Trump plans to roll back tariffs on metal and aluminium goods

Donald Trump is planning to scale back some tariffs on steel and aluminium goods as he battles an affordability crisis that has sapped his approval ratings ahead of November’s midterm elections.

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.