Thursday, December 18, 2025
Today's Print

Tag: US economy

As raids ramp up, Chicago’s Latino economy withers

CHICAGO – The quinceanera dress shops in Chicago’s Little Village neighborhood are usually bustling enterprises, reflecting the buoyant mood of Latino families eyeing a...

US appeals court finds Trump’s global tariffs illegal

WASHINGTON – A US appeals court on Friday ruled that many of President Donald Trump’s tariffs, which have upended global trade, were illegal –...

Trump: Steep new tariffs to fetch some ‘disturbance’

WASHINGTON, DC – The US economy is set to experience some “disturbance” from tariffs, President Donald Trump said Tuesday (Wednesday Manila time), as trade...

US growth stronger  than estimated

WASHINGTON—The US economy expanded more than initially estimated in the second quarter this year, the Department of Commerce said Thursday, on stronger consumer spending...

US consumer savings boost economy — Fed

WASHINGTON, United States— The US economy saw “modest” growth over the summer as consumers kept the wheels turning by dipping into rapidly diminishing savings...

Asian markets fluctuate as rate-hope rally fades

Asian markets struggled for direction on Tuesday as investors weighed signs of a slowing US economy against hopes the Federal Reserve's interest rate hiking...

Markets mixed as up beat US data outweigh rate concerns

HONG KONG, China - Asian markets were mixed Wednesday as investors weighed data showing the US economy remained resilient in the face of rising...

Biden says Republicans holding US economy ‘hostage’

President Joe Biden accused Republicans on Friday of holding the US economy "hostage" by refusing to pass a debt limit increase unless he first...

Biden, Speaker clash, with economy at stake

President Joe Biden and the new Republican speaker of the House of Representatives, Kevin McCarthy, face off Wednesday at the White House to discuss...

US economy seen to have posted slower growth in Q4

WASHINGTON—The US economy is forecast to have grown but at a slower pace in the final months of 2022, helped by consumption and business...

US job gains robust in December as wage growth slows

Washington—US job gains exceeded expectations in December while unemployment ticked down, a closely-watched government report said Friday, in a sign the labor market remains...

US economy slows on pessimism over high interest rates

Washington, United States—US economic activity eased in recent weeks, while uncertainty and “increased pessimism” clouded the country’s outlook amid high prices and rising interest...

Biden sees final-hour shift to Democrats

WASHINGTON—President Joe Biden on Friday predicted a final-hour shift in favor of the Democrats in the midterm elections, saying that the economy, seen as...

US economic prospects bleak amid high rates

WASHINGTON, United States—Economic prospects are becoming “more pessimistic” in the United States on growing worries of weaker demand, the Federal Reserve said in a...
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