US economy
Analysis / Biden's precise industrial policy may soon mutate
Two years into the US government’s attempt to lure manufacturing of semiconductors and renewable energy back home, the president’s top national security aide, Jake Sullivan, offered a defense of his boss’s major economic choices.
US remains engine of global growth in latest IMF forecasts
IMF raised its 2024 and 2025 economic growth forecasts for the US - the only developed economy to see its outlook marked up for both years
US unveils funding for chip industry firm in battleground Michigan
The latest $325 million in proposed funds under the CHIPS and Science Act -- a package of incentives to boost research and US semiconductor production -- goes towards polysilicon manufacturer Hemlock Semiconductor
US budget deficit widens to $1.8 tn, third highest on record
This year marks the third highest US deficit, behind 2021 and 2020, according to the Treasury
Trump says 'obnoxious' tariffs will bring factories to US
"You make it so high, so horrible, so obnoxious" companies will "come right away," Trump said.
US firms brace for more tariffs as election approaches
US tariffs weigh on many industries. The American Apparel & Footwear Association (AAFA) estimates retail prices have risen five percent to 10 percent annually since 2020
Analysis / Tariffs, tax cuts, energy: What is in Trump's economic plan?
Ahead of November's election, economists warn his policies could raise consumer prices and shake up global trade -- with unclear benefits to US production
China says raised 'serious concerns' with US over trade curbs
Chinese Commerce Minister Wang Wentao's call with US Commerce Secretary Gina Raimondo was described by Beijing as "candid, in-depth and pragmatic".
Analysis / The US economy is solid: Why are voters gloomy?
Despite indicators showing the US economy is moving in a healthy direction, many Americans remain pessimistic about business and job prospects -- a mood that poses a frustrating problem for Vice President Kamala Harris in her neck-and-neck race with Donald Trump for the White House
Biden's precise industrial policy may soon mutate
Two years into the US government’s attempt to lure manufacturing of semiconductors and renewable energy back home, the president’s top national security aide, Jake Sullivan, offered a defense of his boss’s major economic choices.
US remains engine of global growth in latest IMF forecasts
IMF raised its 2024 and 2025 economic growth forecasts for the US - the only developed economy to see its outlook marked up for both years
US unveils funding for chip industry firm in battleground Michigan
The latest $325 million in proposed funds under the CHIPS and Science Act -- a package of incentives to boost research and US semiconductor production -- goes towards polysilicon manufacturer Hemlock Semiconductor
US budget deficit widens to $1.8 tn, third highest on record
This year marks the third highest US deficit, behind 2021 and 2020, according to the Treasury
Trump says 'obnoxious' tariffs will bring factories to US
"You make it so high, so horrible, so obnoxious" companies will "come right away," Trump said.
US firms brace for more tariffs as election approaches
US tariffs weigh on many industries. The American Apparel & Footwear Association (AAFA) estimates retail prices have risen five percent to 10 percent annually since 2020
Tariffs, tax cuts, energy: What is in Trump's economic plan?
Ahead of November's election, economists warn his policies could raise consumer prices and shake up global trade -- with unclear benefits to US production
China says raised 'serious concerns' with US over trade curbs
Chinese Commerce Minister Wang Wentao's call with US Commerce Secretary Gina Raimondo was described by Beijing as "candid, in-depth and pragmatic".
The US economy is solid: Why are voters gloomy?
Despite indicators showing the US economy is moving in a healthy direction, many Americans remain pessimistic about business and job prospects -- a mood that poses a frustrating problem for Vice President Kamala Harris in her neck-and-neck race with Donald Trump for the White House
How is US dockers' strike affecting international trade?
US dockers launched strike action on Tuesday in 36 ports on the East Coast and Gulf of Mexico. Around half of North America's maritime trade passes through those ports