Seven years after Trump tariffs on China began data show higher US costs persistent deficits and China posting a record 2025 trade surplus despite reduced export.
Browsing: US economy
Wall Street cut about 10600 jobs in 2025 as major US banks reduced headcount to the lowest level since 2021 marking the biggest annual decline since 2016.
US consumers reported higher inflation expectations and weaker job confidence in December, reflecting rising price concerns and growing caution despite steady unemployment.
US jobless claims rose again, reinforcing signs that labour market momentum has weakened as hiring slows and displaced workers face fewer re-employment options.
Gold surged to a record $3,963 as market demand soared amid global instability and US policy uncertainty, reinforcing its safe-haven status.
U.S. jobless claims rose to 241,000, marking a 9-week high and signaling growing pressure on the labor market.
Over $3.6 trillion in market value has been erased since Trump returned to office, as confidence in U.S. economic leadership begins to falter.
President Trump’s push to oust Fed Chair Powell drew warnings from CEOs and spurred a brief market rally after his reversal.
Apple is investing $500B in the US over four years, expanding AI, silicon engineering, and manufacturing, including a new factory in Texas and 20,000 new jobs nationwide.
Egg prices have surged 53% in a year, fueling inflation fears and complicating the Fed’s strategy as consumers react to the sharp increase amid an ongoing avian flu outbreak.