US Economy

Reuters
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.
SCMP
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.
Reuters
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 ...
Reuters
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 ...
Reuters
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 ...
Reuters
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 ...
Bloomberg
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 ...
Bloomberg
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.
Reuters
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 ...
Newsweek
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 ...
Newsweek
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.
Reuters
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 ...
Financial Times
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 Economist
The US in brief: Our new polling on the Epstein affair
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Bloomberg
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 ...
Financial Times
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 ...
Newsweek
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.
Newsweek
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.
Central Banking
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 ...
Reuters
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 ...
Financial Times
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 ...
Reuters
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 ...
SCMP
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 ...
Reuters
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.
Reuters
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.
Reuters
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 ...
Reuters
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 ...
Bloomberg
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.
Reuters
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 ...
Reuters
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 ...
Bloomberg
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 ...
Reuters
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 ...
Bloomberg
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.
Bloomberg
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.
Reuters
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 ...
Reuters
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 ...
Reuters
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 ...
Reuters
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 ...
Reuters
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.
Financial Times
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 ...
Financial Times
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 ...
Reuters
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 ...
Financial Times
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, ...
Foreign Affairs
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 ...
MarketWatch
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.
Reuters
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 ...
Reuters
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 ...
The Economist
The US in brief: Another day, another deadline
From Monday to Thursday we’ll quiz you on all things American. Today is Bastille Day, the French national holiday, so this week’s questions are about Franco-American relations. Monday: France famously ...
SCMP
Malaysia imposes trade permits for US-linked AI chip shipments
Malaysia’s Ministry of Investment, Trade and Industry (MITI) said all exports, transshipments and transits of high-performance AI chips of US origin would need to com ...