American households are facing a renewed squeeze on their disposable income as inflation has once again risen faster than wage growth. This divergence is placing significant pressure on consumer wallets
US Economy
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The United States has declared that a new financial offensive, described as the single greatest of its kind, is intended to support the ongoing war effort alongside Israel against Iran.
Canadian Prime Minister Mark Carney has announced that his government will impose reciprocal tariffs on American goods, matching the new 50 per cent levies introduced by the United States following
Iran’s foreign minister has characterised the threat of a fresh round of United States economic sanctions as a desperate ploy, maintaining that the nation remains unbowed by Washington’s efforts to
In a development that has sent ripples through financial markets, the United States economy demonstrated robust growth in May, adding 172,000 jobs, significantly exceeding economists’ estimates of 85,000. This surge
American employers unexpectedly reduced jobs in February, leading to a rise in the unemployment rate amid a strike by healthcare workers and severe winter weather. Non-farm payrolls decreased by 92,000
President Donald Trump has introduced a fresh 10 percent global tariff following a Supreme Court decision that struck down his previous trade levies, describing the ruling as “terrible” and criticising
In a remarkable turn of events, the gold market experienced a brief decline, which saw over two trillion dollars wiped off its value in less than an hour. The price
The US dollar is currently experiencing a significant decline, giving rise to apprehensions within financial markets about the resilience of US policymaking and the broader impact on the economy. Some
The dollar has fallen to its lowest level in over four years, a significant development following Donald Trump’s aggressive stance towards America’s traditional allies. This downturn raises concerns about the
Donald Trump announced on Wednesday night that he has reached a significant agreement regarding the future of Greenland following discussions with the head of NATO. This announcement came during the
Donald Trump has once again taken the reins of the White House, advocating for an aggressive approach to oil production. His rallying cry of “drill baby drill” highlights his commitment
The World Bank has revised its growth forecast for the United States, projecting a 2.2 per cent increase for this year. This revision marks a 0.6 percentage point rise, reflecting
The United States economy expanded at an annualised rate of 4.3 per cent during the third quarter of 2025, marking the strongest growth performance in two years. The US Bureau
The United States economy has experienced its fastest expansion in two years, with gross domestic product rising by 4.3 percent in the third quarter of 2025. This surge surpasses both
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