Tag: USA

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.

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.

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.

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.

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

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.

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.

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.

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.

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

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.

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.

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

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.

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.

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.

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

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.

NATO Secretary General Mark Rutte said on Thursday NATO allies will need to step up their presence in the Arctic under a framework deal with U.S. President Donald Trump after he backed off tariff threats and ruled out taking Greenland by force.

Mortgage refinancing jumped sharply higher for the second straight week, as interest rates fell further, but that boom may be about to bust. Interest rates are now moving much higher.