The Federal Reserve enters its final policy meeting of a turbulent year with internal divisions over whether to implement a further interest rate cut. Officials at the US central bank
US Economy
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As the critical holiday shopping season unfolds, small businesses across the United States are voicing alarms over the mounting impact of Donald Trump’s tariffs on imported goods. Increased costs tied
About 40 per cent of jobs in the United States could be replaced by artificial intelligence by 2030, according to new analysis from the McKinsey Global Institute. The consultancy’s report
The number of Americans behind on credit card repayments has reached its highest point in 15 years as households across the United States struggle under the weight of rising costs.
The unemployment rate in the United States has climbed to a four year high, hitting 4.4 percent in September even as the economy created far more jobs than anticipated. According
The American vehicle repossession industry stands on the brink of historic activity, with car seizures reaching their highest level in 14 years. According to Recovery Database Network data, 2.7 million
The battle for the soul of New York City is set to reach new heights as Zohran Mamdani, aged 34, takes office as the 111th mayor. His arrival signals a
The US Federal Reserve has reduced interest rates for the second consecutive month, moving borrowing costs down to a range of 3.75 to 4 per cent. Policymakers made this decision
The United States economy has proven more robust in the face of record protectionism than previously forecast, according to assessments from the International Monetary Fund as it prepares to release
The US Federal Reserve has reduced its benchmark interest rate for the first time in 2025 marking a pivotal moment for global markets and US economic policy. The quarter point
Inflation in the United States accelerated to 2.9 per cent in August, with the central bank expected to respond with its first interest rate cut of the year at its
Fresh employment figures from the US Department of Labour have demonstrated unexpected strength in the world’s largest economy, with 147,000 new positions created in June, significantly surpassing market forecasts of
The US dollar plummeted to its lowest level in over three years on Thursday as signs of a slowing economy and rising government debt deterred investors from holding the once-dominant
A recent analysis from the non-partisan Congressional Budget Office (CBO) has revealed that former President Donald Trump’s flagship tax bill is expected to increase the United States’ national debt by
US inflation fell unexpectedly in April, coinciding with President Trump’s announcement of significant reductions in tariffs, marking what he described as “liberation day.” The annual rate of price growth dropped
The United States has recorded its largest-ever trade deficit, revealing a significant challenge for the country’s economic stability. The deficit surged by 14 per cent in March, reaching a historic
