Tag: USA

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

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.

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.

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.

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

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.

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.

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.

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.

U.S. Transportation Secretary Sean Duffy said on Wednesday that he would order a 10% cut in flights at 40 major U.S. airports, citing air traffic control safety concerns as a government shutdown hit a record 36th day.

Layoff announcements soared in October as companies recalibrated staffing levels during the artificial intelligence boom, a sign of potential trouble ahead for the labor market, according to outplacement firm Challenger, Gray & Christmas.

U.S. private payrolls rebounded sharply in October, the ADP employment report showed on Wednesday.

Beijing on Thursday paused export controls on rare earths, while Washington cut fentanyl-linked tariffs, following a high-stakes meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea.

U.S. President Donald Trump said he expects to lower fentanyl-linked tariffs on China as Beijing confirmed a high-stakes meeting between Chinese President Xi Jinping and the American leader.

President Donald Trump said Thursday night that he was terminating all trade negotiations with Canada because the Ontario provincial government aired an ad featuring former President Ronald Reagan speaking negatively about tariffs.

China on Friday announced that starting Oct. 14, the country will start charging U.S. ships for docking at Chinese ports — a direct response to Washington for imposing fees on Chinese vessels arriving at U.S. ports, set to take effect the same day.

U.S. President Donald Trump signed an executive order Thursday stateside to implement a trade deal with Japan, with 15% baseline tariffs on most Japanese goods, including autos.

Federal Reserve Bank of New York President John Williams said on Thursday a gradual lowering in short-term borrowing costs is likely to happen over time if the economy meets his current forecast of modest gains in unemployment and a softening of inflation trends next year.

A federal appeals court ruled Friday that most of President Donald Trump’s global tariffs are illegal, striking a massive blow to the core of his aggressive trade policy.