u.s. economy


John Negroponte: Trump's New Tariff On Mexico Is 'bad Politically And Bad Economically'

AMERICA - Published date: .

"I think it's both bad politically and bad economically and I don't think it's really going to help solve the immigratio... Read more

Trump May 'end Up Torpedoing' The New NAFTA After Threatening Mexico With A Costly Tariff

AMERICA - Published date: .

President Trump says an additional tariff on Mexican goods would address the "border crisis." Read more

US Weekly Jobless Claims Increase Slightly

AMERICA - Published date: .

First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, following the ... Read more

First-quarter Economic Growth Up 3.1%, Slightly Better Than Wall Street Expected

AMERICA - Published date: .

The second reading on first-quarter gross domestic product had been expected to ease to 3% from the 3.2% preliminary rea... Read more

Increasing Tariffs On China Will Likely Hurt US Growth, Says Nomura

AMERICA - Published date: .

U.S. President Donald Trump claims that tariffs have meant China is paying billions of dollars. Economists say that isn'... Read more

JP Morgan Slashes Second-quarter GDP Forecast To Just 1%

AMERICA - Published date: .

J.P. Morgan economists said they see second quarter growth of just 1%, down from their prior forecast of 2.25%. Read more

US Core Capital Goods Orders Tumble; Shipments Are Flat

AMERICA - Published date: .

New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the bro... Read more

US Weekly Jobless Claims Unexpectedly Fall

AMERICA - Published date: .

First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly f... Read more

Odds Of A US-China Trade Deal Are 'rapidly Receding,' Stephen Roach Warns

AMERICA - Published date: .

One of Wall Street's leading experts on China suggests the window is closing on a trade deal. Read more

China Would See 'blue Skies Ahead' If It Accepts All US Demands, Fed's Bullard Says

AMERICA - Published date: .

St. Louis Federal Reserve President James Bullard expressed optimism that the United States and China will reach a deal ... Read more

Home Sales Fell In April Despite A Big Drop In Mortgage Rates

AMERICA - Published date: .

Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 mil... Read more

US Consumer Sentiment Surges To Highest Level In 15 Years

AMERICA - Published date: .

The optimistic consumer outlook was mostly recorded before U.S.-China trade deliberations soured earlier this month. Read more

Trump Administration Will Delay Auto Tariffs For Up To Six Months

AMERICA - Published date: .

The White House had to decide by Saturday whether to slap tarifffs on autos over what it calls national security concern... Read more

US Recession Risk Rises As US-China Trade Tensions Heat Up: Reuters Poll

AMERICA - Published date: .

Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economis... Read more

US Housing Starts Rose More Than Expected In April

AMERICA - Published date: .

U.S. housing starts were expected to total 1.205 million in April, up from the 1.139 million starts reported for the pre... Read more

US Weekly Jobless Claims Fall More Than Expected

AMERICA - Published date: .

First-time claims for state unemployment benefits were expected to total 220,000 for the most recent week, down from the... Read more

Industrial Production Falls 0.5% Amid Big Decline In Auto Output

AMERICA - Published date: .

Manufacturing output fell 0.5%, led by a 2.6% decline in motor vehicles and parts, which has fallen in three of the past... Read more

Retail Sales Declined In April As Americans Cut Back On Spending

AMERICA - Published date: .

Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March Read more

US Import Prices Rose Slightly In April, Suggesting Inflation Could Remain Tame For A While

AMERICA - Published date: .

U.S. import prices were seen rising 0.7% in April, after climbing 0.6% a month earlier. Read more

Fed's Williams Says Policymakers Need To Better Prepare For A Lower Interest Rate World

AMERICA - Published date: .

Torturously slow recoveries from recessions and low inflation are here to stay unless policymakers can get a better grip... Read more