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A dose of reality dragged those expectations back down to earth on Thursday when payroll data showed the US economy added 147,000 jobs in June and the unemployment rate ticked down to 4.1 per cent.
Despite mounting pressure from President Donald Trump, Federal Reserve Chair Jerome Powell has maintained that it’s prudent ...
Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...
U.S. businesses could soon find out exactly how much they’ll pay in tariffs for certain imported goods. President Donald ...
The Department of Labor reported the number of Americans remaining on unemployment benefits multiple times rose to its ...
The US dollar has plunged over 10 per cent in the first half of 2025 — its steepest fall since 1973 — triggering concerns ...
The new budget bill is a plan for large tax cuts, which will mostly benefit higher earners, combined with cuts to social ...
Donald Trump loves the US and wants Americans to succeed. To those who hate the US or want it to be subservient to a larger ...
Robust US jobs data prompted bond traders to extinguish bets of a Fed rate cut this month, while the chance of a Reserve Bank ...
The US has eased export restrictions on China for chip design software and ethane, a sign that trade tensions are calming ...
President Trump is at the height of his political power following Thursday’s passage of his “One Big Beautiful Bill Act”.
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.