US Economy: Latest News and Analysis

Bloomberg L.P.
Trump Tariff Threats Widen Gap Between US, Canada Oil Stocks
President Donald Trump’s repeated threats to slap steep tariffs on Canada and other friendly nations have left Toronto with some of the world’s worst-performing oil and gas stocks.
The Financial Times
People are getting Trump and inflation wrong
The step missing is Federal Reserve policy. The key reason we should expect Democrat households to be wrong about their inflation expectations is that the Fed will not let another bout of rapid price ...
Economist
Donald Trump fires his starting pistol on tariffs
But it may be a while before he unleashes a universal levy
Reuters
Japan companies preparing for Trump tariffs, survey shows - Reuters
Japan companies preparing for Trump tariffs, survey shows  Reuters
Reuters
Fed to hold rates in Jan as Trump's policies stir inflation worries
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority of economists polled by Reuters, as policymakers digest an expected ...
Bloomberg L.P.
Here's Why Immigration Policy Matters So Much For The US Economy
Many economists and business leaders credit immigration for filling vacancies across the economy, but Donald Trump and many of his allies accuse immigrants of lowering wages and taking jobs from ...
Reuters
U.S. equity fund outflows surged on doubts over Fed rate cuts
U.S. equity funds saw a spike in outflows for the week ending Jan. 15, as the outlook for Federal Reserve rate cuts this year had dimmed while investors were cautious about the ongoing quarterly ...
Reuters
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall ...
Reuters
How bond market vigilantes could check Trump's power
Like Clinton before him, Trump now faces the prospect of bond vigilantes becoming a potent check on his policy agenda, according to several former U.S. and foreign policymakers who faced market ...
BBC
Bank performance signals boost to US economy - 16 Jan 2025
Jason Betz, a Private Wealth Advisor at Ameriprise Financial says that there is untapped resilience in the American economy. While her three offspring take a leisurely bath, this Bengal tiger mother ...
Reuters
Republicans in Congress warn rising US bond yields could hit Trump's tax cut plans
Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the president-elect's aggressive tax-cut agenda could fall victim to signs of worry ...
Reuters
Trump faces a powerful check on his power: bond vigilantes
When Bill Clinton began his first term as president in 1993, he faced a challenge to his authority from an unexpected adversary: bond traders. Low taxes and high defense spending over the prior decade ...
Economist
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful
The Financial Times
Beige book confirms US economy solid and strengthens case for Fed hold
Activity, prices and labour markets all stronger relative to last release, reinforcing need for central bank caution ahead ...
CNBC
Asia markets mostly fall as investors assess U.S. inflation data, Japan business sentiment - CNBC
Asia markets mostly fall as investors assess U.S. inflation data, Japan business sentiment  CNBC
Reuters
Stocks surge after softer US inflation, upbeat fourth quarter earnings
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in December, raising the chances of a second rate cut this year, while investors ...
Bloomberg L.P.
How Immigration Affects the US Economy
Do immigrants really take jobs from Americans? And does more immigration really mean lower wages? Here’s a no-nonsense guide to one of the country’s most divisive issues.
Bloomberg L.P.
Trumponomics: Does the Bond Market Have It In for Donald Trump?
Bond market investors have been extremely busy so far this year, pushing up the cost of government borrowing—especially in the US but also around the world. On this, the inaugur ...
Bloomberg L.P.
Bond Traders Wager Slump Set to Ease With Key CPI Data Ahead
Some bond traders are betting that the relentless selloff in Treasuries will soon lose momentum, in part because of questions around how President-elect Donald Trump’s policies will take shape.
Reuters
EIA raises US oil production forecast for 2025, lowers 2024 estimate
U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.
Reuters
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal - Reuters
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal  Reuters
Bloomberg L.P.
US IPO Market Rebound Faces a Reality Check as Yields Spike
Dealmakers, who were gearing up for a busy year of initial public offerings, have already been confronted by a formidable challenge: rising Treasury yields that could deflate enthusiasm for new ...
Reuters
Toronto stocks extend fall as Fed rate cuts hopes diminish
Canada's main stock index slid to a two-week low on Monday, as investors globally avoided risky assets after last week's robust U.S. jobs data dashed expectations of the Federal Reserve cutting ...
Reuters
Robust US economy may not need Trump's big reforms
U.S. President-elect Donald Trump campaigned on promises of aggressive import tariffs, strict immigration curbs, deregulation and smaller government, but the economy he inherits next week may be ...
Reuters
India rupee declines past 86/USD on resilient US economy, weak inflows
The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that compounded the pressure from weak inflows and higher hedging activity.
The Financial Times
Is US inflation set to rise further?
Economists polled by Reuters expect Wednesday’s US consumer price index to show inflation of 2.8 per cent in December, up from 2.7 per cent a month earlier. They anticipate that core inflation, which ...
Global Macro Playbook
US Job Market Surprises With Strong December Hiring, Unemployment Rate Falls
The U.S. labor market ended 2023 on a strong note, with job growth exceeding expectations and the unemployment rate falling to 4.1%, Reuters reports. This unexpected strength reinforces the Federal Reserve's cautious stance toward further interest rate cuts.The Labor Department's employment report, released
The Financial Times
News updates from January 10: US economy adds 256,000 jobs in December; Trump receives no prison time in ‘hush money’ case
Oil prices rose to a three-month high on Friday on strong Chinese demand and concerns about dwindling US inventories. Brent crude, the international oil benchmark, gained 2.5 per cent to $78.85 a ...
Reuters
Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations that the Federal Reserve will likely keep interest rates elevated for ...
Reuters
Jobs report fuels Treasury yield surge as markets brace for 5% threshold
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will stay high for longer and raised the spectre of benchmark ...