Trump in 2016, defied Republican free-trade orthodoxy by supporting the imposition of tariffs, a position he has maintained throughout his political career.

U.S. employers announced plans to lay off 71,321 employees in November, bringing the year-to-date count to 1.17 million, ...

US goods and services trade gap shrank nearly 11% from the prior month to US$52.8 billion, Commerce Department data showed on Thursday.

The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how ...

Oil settled marginally lower on Wednesday, and prices were on course for their steepest annual decline since 2020 as ...

The nation’s top economic statistician was fired. Central bank independence is being undermined. The federal government is buying chunks of private companies and demanding cuts of revenue streams.

Private payrolls plunged in September, complicating the picture for the US economy as policymakers and investors struggle to assess the state of the labor market amid a government shutdown. The Bureau ...

The U.S. economy is likely already in a recession, masked by AI-driven capex and delayed official recognition by the NBER. The Leading Economic Index and jobs data are flashing clear recession signals ...

WASHINGTON, Dec 3 (Reuters) - The U.S. Senate on Thursday confirmed Christopher Waller to the Federal Reserve's Board of Governors, giving him a voice on the central bank's policy-setting panel at a ...

If America’s economy has a prosperous holiday season, the data suggests, we’ll have rich folks to thank. The top 10% of earners now account for roughly half of all consumer spending, according to a ...

The nation’s wealthiest households are fueling economic growth, while lower- and middle-income families increasingly pull back spending amid financial strain. Economists compare the economy to a ...

The U.S. economy continues to grow despite persistent recession forecasts, supported by ample liquidity in the financial system. Federal Reserve's aggressive monetary expansion during the pandemic ...