Tag: USA

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.

US orders 10% flights cut at major US airports due to shutdown

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.

Job cuts in October hit highest level for the month in 22 years, Challenger says

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.

US private payrolls rebound in October, ADP says

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

Trump cuts fentanyl tariffs on China to 10% as Beijing delays latest rare earth curbs by a year

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.