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American economy
Secretary Janet Yellen: The US economy does not suffer from inflation and recession
House prices, the main cause of inflation in the US, are forecast to fall this year, helping the country escape...
World gold prices continue their streak of record increases
The US employment report pulled gold prices to a new historic peak, touching 2.194 USD in the March 8 session. Closing the session...
The US President again "buys time" with a short-term spending bill to avoid a government shutdown
US President Joe Biden on March 1 (local time) signed a short-term spending bill to avoid the risk of partial government shutdown over the weekend.
US economic growth always exceeds forecasts
On February 27, US Treasury Secretary Janet Yellen said that the country's strong economic growth is the main driving force for the global economy to achieve growth beyond forecasts.
Russia's GDP is higher than expected, Germany does not open the Nord Stream pipeline, US CEO is optimistic, Poland opposes Ukrainian agricultural products
Russia's GDP is at its highest in 10 years, US CEOs are more optimistic about the economy, China promotes FTAs, Poland opposes agricultural imports from Ukraine, Germany does not operate Nord Stream's remaining pipeline... these are the Outstanding world economic news last week.
The consumer price index in January 1 unexpectedly increased higher than expected, will the Fed cut interest rates?
New data shows that the CPI of the US economy in January 1 increased by 2024%, after increasing by 0,3% in December 0,2. Annual revisions to CPI data released on February 12 generally showed inflation trending lower after a spike in 2023.
Despite America's efforts to "get in the way", China's largest chip manufacturer still reaps achievements
Over the past few months, China's largest chip manufacturer - SMIC - has been diligently producing advanced chips, despite US sanctions.
Mr. Trump receives clear support from the US oil and gas industry, President Biden is "outdone" for this reason
The US oil and gas industry donated $7,36 million to former President Donald Trump's election campaign and supported him over Republican competitor Nikki Haley and over current President Joe Biden.
Scenario for operating the US economy if Biden is re-elected president
If re-elected, Mr. Biden will seek to increase budget spending to subsidize production and social welfare but...
US stocks set a new record
Adjusted data showed that US inflation continued to cool down, helping the S&P 500 close above 5.000 points for the first time. Closing...
American businesses increasingly believe in a 'soft landing' for the world's largest economy
CEOs are feeling more secure about the US economy, but are still cautious about the risks ahead.
Fed Chairman: 'Unable to reduce interest rates in March'
Chairman of the US Federal Reserve (Fed) Jerome Powell said the time to reduce interest rates is coming, but Americans...
Not only China, President Trump "cherishes" plans to impose general taxes on all goods imported into the US
Former US President Donald Trump said he is considering a plan to impose tariffs of 60% or more on Chinese goods if elected again in November this year.
US public debt is "going faster" than economic growth, the Fed Chairman stated what needs to be done as soon as possible
On February 4, US Federal Reserve (Fed) Chairman Jerome Powell said that the world's largest economy is on an unsustainable path in terms of public debt and now is the time to solve the problem.
US agriculture "spends heavily" to increase competitiveness, determined to bring specialty crops to the global market
The American agricultural industry is considered the most advanced and modern in the world. The government's policies supporting agricultural development have led to the outstanding success of this world's leading agricultural industry. What is the purpose of the US Department of Agriculture's investment efforts in specialty crops?
The rematch on economic policy, will President Biden's contrasting colors defeat Mr. Trump?
The fiercest competition between potential candidates Donal Trump and Joe Biden may very well revolve around the US economy.
The US reduces loans, China supports real estate, company bankruptcy in the UK is at a 30-year high, Germany is gloomy
IMF raises global growth forecast, US reduces estimate of amount needed to borrow in the first quarter of 2024, the number of bankrupt companies in the UK is at a 30-year high, Germany may be in recession, China supports the real estate industry ... were the outstanding world economic news last week.
Fed makes decision on interest rates, Chairman Jerome Powell emphasizes something "unlikely to happen"
On January 31, the US Federal Reserve (Fed) decided to keep interest rates unchanged at 1-5,25% for the 5,5th consecutive policy meeting.
The special reason why America excels in the economic race with China
According to Bloomberg news agency, the US has surpassed China in the race to become the world's largest economy, partly thanks to vibrant consumption.
