Gold extends decline after solid US economic data
Gold prices extended declines and fell nearly 1% on Thursday after upbeat U.S. economic data aided the Federal Reserve’s cautious stance on resuming monetary easing this year.
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US-China trade deal may resemble phase 1 agreement from Trump’s first term: ex-official
Washington could push Beijing to buy more American goods – but deeper issues likely to go unaddressed, ex-Trump administration official says.
US retail sales beat expectations; labor market stable
U.S. retail sales rebounded more than expected in June, suggesting the economy was regaining momentum and giving the Federal Reserve cover to delay cutting interest rates while it gauges the inflation ...
US eyes 'back to basics' revamp of G20 when it assumes presidency next year
The United States aims to pare the Group of 20 major economies back to its financial roots next year when it takes over the rotating presidency from South Africa, sources familiar with the Trump ...
US retail sales growth, steady job market bolster Fed's rate-cut delay
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the ...
US producer prices unchanged; tariffs raise goods costs
U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as communication and related equipment was offset by softening demand for travel services ...
Carney Should Bar US Firms From Projects as Trade Leverage, Scotiabank’s Holt Says
Canada should consider excluding US companies from major infrastructure and defense projects as part of its response to the Trump administration’s barrage of tariffs, according to a Bank of Nova ...
Fed Beige Book Shows Slight Increase in US Economic Activity
US economic activity “increased slightly” between late May and early July, the Federal Reserve said in its Beige Book survey of regional business contacts.
US economic activity up but outlook pessimistic, Fed says
U.S. economic activity increased slightly in recent weeks, but the outlook was neutral to slightly pessimistic, the Federal Reserve said on Wednesday, as businesses reported the Trump administration's ...
80% of US counties contain 'health care deserts': Report
According to the GoodRx data, as well as the 81 percent of counties experiencing a health care desert of some kind, a majority of people in 60 percent of counties lack adequate access to more than one ...
80% of US Counties Contain 'Health Care Deserts': Report
According to new research from health care and prescription price-comparison website GoodRx, 81 percent of U.S. counties—home to more than 120 million Americans—fall under this definition in some way.
US economic activity rises but outlook pessimistic, Fed says
U.S. businesses told the Federal Reserve in June and early July that the loss of immigrant labor is adding to their struggles with the effects of fast-changing trade policies as the Trump ...
United Airlines raises outlook after ‘acceleration’ in travel demand
United Airlines said “acceleration” in demand amid declining geopolitical and economic uncertainty should help it avoid the previous quarter’s “recessionary” forecast for full-year earnings. The more ...
The US in brief: Our new polling on the Epstein affair
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US Economy: Retail Sales Surge in June, Jobless Claims Fall
US retail sales rebounded in June as the value of retail purchases, not adjusted for inflation, increased 0.6% after a sharp decline in May. Elsewhere, applications for US unemployment benefits ...
GE Aerospace lifts outlook on easing US tariff tensions with China
Jet engine maker GE Aerospace boosted its outlook for the remainder of the year, expressing optimism that easing trade tensions between the US and China should prevent a steep drop-off for its ...
Economist Issues 'Red Flare' Warning for US Housing Market
"Housing will thus soon be a full-blown headwind to broader economic growth," warns Moody's Chief Economist Mark Zandi.
Economist issues "red flare" warning for US housing market
"Housing will thus soon be a full-blown headwind to broader economic growth," warns Moody's Chief Economist Mark Zandi.
Falling immigration weighing on US GDP – Dallas Fed study
Declining immigration in the US is weighing on the country’s economic growth, according to a study by the Federal Reserve Bank of Dallas. The research, published on July 8, estimates that GDP growth ...
US banking giants reap gains from dealmaking rebound
By Nupur Anand, Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) -Large U.S. banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the ...
US banks say consumers are ‘healthy’ despite economic uncertainty
Jeremy Barnum, JPMorgan’s chief financial officer, echoed that sentiment, noting that the biggest US bank by assets continued “to struggle to see signs of weakness” in US consumer credit. Wells Fargo ...
JPMorgan CEO Dimon's comments highlight steady caution on US economy
JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because key shifts are apparent only ...
In Latin America poll, China grows in appeal though US remains preferred economic ally
Pew Research poll of Mexico, Brazil and Argentina suggests China may be benefiting from unease over US President Donald Trump's policies Public attitudes toward China in parts of Latin America have ...
US banking giants reap gains from dealmaking rebound, trading bump
Large U.S. banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second quarter, as they reported in earnings on Tuesday.
Equities lose earlier gains and US bond yields rise with inflation in focus
MSCI's global equities index lost ground on Tuesday after touching a record high, while U.S. Treasury yields hit their highest level in more than a month, as investors digested a slight rise in U.S.
Bahrain, US firms sign $17 billion in deals to deepen economic ties, news agency BNA says
(Reuters) -Bahraini and U.S. companies signed a series of agreements worth approximately $17 billion, aimed at strengthening economic ties and advancing cooperation across key sectors, Bahrain's state ...
Indonesia central bank cuts benchmark rate, welcomes US tariff deal
Indonesia's central bank cut rates on Wednesday for the fourth time since September and said a revised tariff deal with the United States was positive for Southeast Asia's biggest economy amid ...
ASML Hedges Growth Outlook for 2026 as Trade Wars Weigh on Sales
ASML Holding NV Chief Executive Officer Christophe Fouquet walked back the company’s sales forecast for next year, blaming trade disputes and global tensions.
Trump tariffs threaten US economy as much as European one, says German finmin
U.S. President Donald Trump's tariffs threaten the American economy at least as much the European one, German Finance Minister Lars Klingbeil said on Wednesday, calling for a "fair deal" with the ...
Trump Tariffs Threaten US Economy as Much as European One, Says German Finance Minister
BERLIN (Reuters) -U.S. President Donald Trump's tariffs threaten the American economy at least as much the European one, German Finance Minister Lars Klingbeil said on Wednesday, calling for a "fair ...
Indonesia Says US Tariff ‘Huge Win’ for Labor-Intensive Sectors
Indonesia sees securing a 19% tariff rate with the US as a “huge win” for some of the Southeast Asian nation’s most labor-intensive sectors such as garments and footwear, a government adviser said ...
Factbox-JPMorgan CEO Dimon's comments highlight steady caution on US economy
By Niket Nishant (Reuters) -JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because ...
Tariff Impact Seen Ending Streak of Benign US Inflation Readings
Economists have long been warning of a tariff-driven boost to US inflation. The next report on consumer prices will put their conviction to the test.
US Inflation Expected to Accelerate in June Due to Tariffs
Economists have long been warning of a tariff-driven boost to US inflation. The next report on consumer prices will put their conviction to the test.
China's economy set to slow in Q2 as pressure from US tariffs mounts
China's economy is likely to have cooled in the second quarter after a solid start to the year, as trade tensions and a prolonged property downturn drag on demand, raising pressure on policymakers to ...
China's Q2 GDP growth tops forecast even as US tariff risks mount
China’s economy grew at a slightly faster pace than expected in the second quarter, showing resilience in the face of U.S. tariffs, though analysts warn of intensifying headwinds that will ramp up ...
US inflation expected to rise in June with tariff-driven price hikes
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase in inflation that has left the Federal Reserve cautious about resuming its ...
For Europe, 30% US tariff would hammer trade, force export model rethink
The 30% tariff on European goods threatened by U.S. President Donald Trump would, if implemented, be a game-changer for Europe, wiping out whole chunks of transatlantic commerce and forcing a rethink ...
Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.
US bank earnings live: JPMorgan reaps gains from Wall Street business
Flurry of financial sector reports expected to show investment banking still in the doldrums for another quarter ...
US bank earnings live: Citi profits jump as trading, investment banking, wealth management units register growth
Flurry of financial sector reports expected to show investment banking still in the doldrums for another quarter ...
Shares gain ahead of key US earnings and data, while trade talks loom
Shares climbed worldwide and the dollar held onto most of its July gains on Tuesday as market participants entered a key week for U.S. earnings, inflation data and trade talks in a relatively ...
US bank earnings live: Banks buoyant as market volatility boosts earnings
The largest US bank by assets and deposits is expected to show net income in the quarter of about $12.8bn, according to estimates compiled by Bloomberg. This would be down 30 per cent from a year ago, ...
The Right Way to Wield America’s Economic Power
He served as U.S. Deputy National Security Adviser for International Economics and Deputy Director of the National Economic Council in the Biden administration. We are living in the age of economic ...
U.S. stock futures slip after Trump’s latest tariff threats; bitcoin hits new high
U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from Mexico and the European Union.
BOJ to consider revising up inflation forecast at July meeting, sources say
The Bank of Japan will consider revising up this month its inflation forecast for the current fiscal year reflecting persistent rises in rice and broader food costs, said three sources familiar with ...
Explainer: Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising ...