President Donald Trump’s persistent calls for the Federal Reserve to implement deeper interest rate cuts appear increasingly at odds with the economic realities shaped by his administration’s own legislative initiatives. While President Trump continues to publicly pressure Federal Reserve Chair Jerome Powell for more accommodative monetary policy and cheaper money, […]
Tag: US Economy
President Trump announces trade deal with Vietnam that will let U.S. goods into the country duty-free
President Donald Trump recently unveiled a landmark trade agreement with Vietnam, a move poised to reshape economic ties between the two nations and significantly benefit American exporters. Announced on Wednesday, this pivotal new deal grants U.S. goods duty-free access to the Vietnamese market, a strategic step designed to reduce costs […]
GAO: Guam’s public debt at $2.5B, faces risks despite stable economy
A recent comprehensive report by the U.S. Government Accountability Office (GAO), the non-partisan investigative arm of the U.S. Congress, reveals that Guam’s public debt totaled $2.5 billion for fiscal year 2023. While this figure represents a modest 4% decline from fiscal year 2021, the GAO’s analysis cautions that despite a […]
President Trump announces trade deal with Vietnam that will let US goods into the country duty-free
Former President Donald Trump has unveiled a new bilateral trade agreement with Vietnam, marking a significant development in international economic relations and signaling a continued emphasis on his “America First” approach to global commerce. Announced via his Truth Social platform, the core of this landmark deal grants U.S. goods immediate […]
Watch live: Biden in California speaks on US workforce, economy
Former President Joe Biden recently took center stage at the Society for Human Resource Management’s (SHRM) annual conference in San Diego, delivering a highly anticipated keynote address that offered his unique perspective on the evolving landscape of the U.S. workforce and economy. This appearance underscored the persistent national dialogue surrounding […]
Stocks Mixed on Weak US Labor Market News
U.S. equity markets concluded a tumultuous trading session with a decidedly mixed performance, directly responding to new economic data that signaled a notable weakening within the national labor market. This pivotal report immediately prompted a significant re-evaluation among investors concerning the prevailing narrative of a robust economic recovery, injecting a […]
Analysis shows Trump’s tariffs would cost US employers $82.3 billion
A recent comprehensive analysis has cast a significant shadow over future economic policy, revealing that former President Donald Trump’s proposed tariff plans could impose a staggering direct cost of $82.3 billion on a critical group of U.S. employers. This substantial financial burden, derived from a detailed study of potential trade […]
US private payrolls post first drop in more than two years; layoffs still low
The United States labor market has recently recorded a significant and closely watched development: private payrolls, a key measure of non-farm employment excluding government jobs, experienced their first decline in over two years. This notable shift in the nation’s economic landscape signals a potential moderation from the rapid growth phases […]
How Trump’s policies are affecting the labor market
The tenure of former President Donald Trump brought forth a distinctive set of economic policies that significantly reshaped the American labor market, prompting extensive debate and analysis regarding their short-term successes and long-term implications. Central to his administration’s agenda were a series of initiatives aimed at stimulating domestic growth, including […]
Stocks diverge as tariffs deadline looms
Global financial markets experienced significant divergence today, following a definitive statement from US President Donald Trump, who emphatically ruled out any further postponement of reciprocal trade tariffs. This pivotal announcement sent palpable ripples across international exchanges, creating a complex and uncertain investor landscape as various stock markets displayed differing trajectories, […]
America’s tariff-driven buying spree leaves households saddled with debt and financially vulnerable
America’s recent economic trajectory, notably marked by a robust implementation of tariff-driven trade policies, presents a perplexing paradox: what was intended to safeguard domestic industries has inadvertently spurred a consumer ‘buying spree,’ leaving countless households saddled with escalating debt and heightened financial vulnerability. This unexpected consequence of trade policy is […]
Analysis shows Trump’s tariffs would cost US employers $82.3 billion
A comprehensive analysis has shed light on the potential financial repercussions of former President Donald Trump’s proposed tariff plans, indicating a substantial direct cost of $82.3 billion for a crucial segment of U.S. employers. This significant finding underscores the profound economic impact such trade policies could have, placing considerable financial […]
Americans are struggling with layoff anxiety: It’s causing workers to ‘burn out faster,’ experts say
The American workforce is currently grappling with pervasive layoff anxiety, a sentiment significantly underscored by recent economic data that paints a complex picture of the nation’s labor market. This heightened uncertainty, fueled by an unexpected decline in private sector employment, is causing workers to experience accelerated burnout, as experts observe […]
Robinhood stock tops $100 to new record, roaring 30% since being snubbed from S&P 500
In a significant geopolitical and economic development, President Donald Trump has announced a new trade agreement between the United States and Vietnam, a move poised to fundamentally reshape bilateral economic relations and broader trade dynamics in Southeast Asia. Unveiled by the President on Truth Social, the deal introduces a structured […]
Inside America’s department stores, tariff-triggered price hikes are picking up
Across America’s prominent department stores, the accelerating impact of tariffs is becoming increasingly evident, manifesting as discernible price hikes in key consumer categories such as apparel, footwear, and bags. A comprehensive analysis by DataWeave reveals May as a critical turning point, marking a significant acceleration in these tariff-triggered price adjustments […]
Santander doubles down on UK presence amid Spain’s banking M&A turmoil
The financial landscape in the United States is currently navigating a period of heightened uncertainty and significant market shifts, underscored by the recent passage of President Donald Trump’s ambitious spending bill through the Senate. This legislative milestone, often dubbed the “megabill,” has immediately translated into rising U.S. Treasury yields, reflecting […]
Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’
The intricate dance between political rhetoric and economic reality continues to shape the United States’ financial landscape, with former President Donald Trump’s signature policies, particularly tariffs, playing a pivotal role in maintaining elevated U.S. interest rates. Federal Reserve Chair Jerome Powell recently underscored this, confirming that the unexpectedly substantial “size” […]
Treasury yields rise as investors weigh Trump’s ‘big beautiful bill’
U.S. Treasury yields experienced a notable ascent on Wednesday, a direct reflection of investors keenly scrutinizing the potential far-reaching implications of President Donald Trump’s ambitious “big beautiful bill.” This significant legislative package, a cornerstone of the administration’s economic agenda, stirred market dynamics as its narrow passage through the Senate signaled […]
Scott Bessent mocks Musk’s advice: ‘I will take care of the finances’
In a recent high-profile exchange, Treasury Secretary Scott Bessent directly confronted and dismissed the ongoing criticisms from tech magnate Elon Musk regarding the newly enacted ‘One Big Beautiful Bill Act,’ which recently secured Senate passage. Musk has been a vocal opponent of the tax legislation, consistently asserting that its provisions […]
US imports in record decline
The American economic landscape has been profoundly reshaped by an unprecedented event: a record 20% decline in goods imports during April 2025. This historic contraction, meticulously reported by visualcapitalist.com, marks the most significant single-month drop in the nation’s trade history, sending ripples throughout the US economy and demanding careful analysis […]
Big automakers report US sales jump on pre-tariff consumer surge
Leading automotive manufacturers, including industry titans General Motors and Ford, have reported a significant surge in their second-quarter U.S. car sales, a development largely attributed to a pronounced pre-tariff consumer spending spree. This unexpected boost highlights a dynamic period within the U.S. economy, where consumer behavior is directly influenced by […]
US job openings in May hit 7.8 million in a continuing display of labor market resilience
The American labor market continues to defy economic headwinds, demonstrating remarkable resilience as U.S. job openings unexpectedly surged to 7.8 million in May. This significant increase, reported by the Labor Department on Tuesday, provides a potent counter-narrative to prevailing concerns about an impending economic downturn, reinforcing the underlying strength of […]
Trump’s bill gets a boost as Senate Republicans say they have a deal
President Donald Trump’s legislative agenda gained significant momentum this week as Senate Republicans announced a deal, setting the stage for potential shifts in the United States economy and immediately influencing the stock market. While the S&P 500 and Nasdaq Composite experienced slight dips, the Dow Jones Industrial Average notably gained […]
CEO: The No. 1 question that ‘cuts through the BS’ at job interviews. It ‘catches managers off guard—but that’s why it works’
Federal Reserve Chair Jerome Powell recently offered crucial insights into the evolving landscape of U.S. monetary policy, specifically highlighting the profound influence of tariffs on domestic inflation forecasts. His remarks underscore a pivotal moment for the US Economy, as the central bank navigates complex economic headwinds, with implications for everything […]
Powell confirms that the Fed would have cut by now were it not for tariffs
Federal Reserve Chair Jerome Powell has explicitly stated that the central bank would have initiated interest rate cuts by now, had it not been for the significant impact of tariffs on U.S. monetary policy and subsequent inflation forecasts. This pivotal revelation, delivered at the European Central Bank’s Forum on Central […]
10-year Treasury yield falls as investors eye jobs report
The financial markets observed a notable dip in the 10-year Treasury yield on Tuesday, signaling investor anticipation ahead of crucial U.S. jobs data in a week shortened by the upcoming Independence Day holiday. This decline underscores the sensitivity of bond markets to economic indicators, with traders and analysts keenly watching […]
Dollar feeble as Trump’s tax bill and tariffs weigh
The United States dollar is currently navigating a period of pronounced weakness, a trend that financial analysts largely attribute to the lasting impact of former President Donald Trump’s significant tax reforms and the strategic imposition of trade tariffs. This ongoing depreciation of the US currency reflects a complex interplay of […]
Some banks say Trump’s ‘big, beautiful bill’ will be a boon for the U.S. economy
Amidst a tumultuous global landscape marked by significant geopolitical shifts and evolving economic policies, financial markets have demonstrated a remarkable resilience, with key indicators like the S&P 500 and Nasdaq Composite reaching unprecedented all-time highs. This unexpected buoyancy has largely been attributed to a “keep calm and carry on” investor […]
Trump Steps Up Pressure Campaign on Powell With Handwritten Note
Former President Donald Trump has significantly intensified his formidable pressure campaign against Federal Reserve Chair Jerome H. Powell, a dynamic underscored by the recent revelation of a handwritten note directed at the central bank head. This direct and highly unusual form of communication highlights Trump’s persistent and public demands for […]
Trump threatens Japan with new tariffs, claiming it won’t buy America’s rice
Former President Donald Trump has reignited concerns over protectionist trade policies with a recent warning to Japan, suggesting the potential imposition of new tariffs if the East Asian nation does not increase its purchase of American rice. This assertive stance signals a potential return to the confrontational trade rhetoric that […]