Tag: USA

EU capitals are considering hitting the US with €93bn worth of tariffs or restricting American companies from the bloc’s market in response to Donald Trump’s threats to Nato allies opposed to his campaign to take over Greenland.

Russian President Vladimir Putin has received an invitation to join the U.S.′ “Board of Peace” for Gaza, the Kremlin said Monday.

President Donald Trump said he would slap 10% tariffs on imports from eight European countries beginning next month, as he ramps up a pressure campaign on Denmark to sell Greenland to the U.S.

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

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.

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.

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

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.

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

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

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.