Tag Archives: Economy

How Trump’s ‘secondary tariffs’ on Russia could hit global economy

How Trump’s ‘secondary tariffs’ on Russia could hit global economy

Getty Images “I used trade for a lot of things, but it’s great for settling wars”, President Trump has said Despite being the world’s most sanctioned country, Russia has continued to use its vast energy wealth to bankroll its war in Ukraine. US President Donald Trump is hoping to change that. He has announced that sweeping new secondary tariffs will …

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How Bureau of Labor Statistics reports influence U.S. economy

How Bureau of Labor Statistics reports influence U.S. economy

The Bureau of Labor Statistics (BLS) releases reports that can shift global markets and influence Federal Reserve interest rate decisions, impacting personal finances across the U.S. The numbers in the BLS reports have a direct impact on retirement accounts, home values, and Social Security payments.On the first Friday of each month, the BLS publishes a jobs report, compiled by surveying …

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Republicans fear Trump tariffs are cutting into economy

Republicans fear Trump tariffs are cutting into economy

Republicans on Capitol Hill are feeling jittery about the economy after the latest jobs report showed the economy added far fewer jobs than previously estimated over the past three months. President Trump and his economic team insist the economy is going strong and poised for significant growth, but their bullish projections are meeting skepticism from some in the GOP who …

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Wall Street ends lower as investors consider tariff impact on results, economy – Reuters

Wall Street ends lower as investors consider tariff impact on results, economy  Reuters Stock Market Today: Dow Retreats After Back-And-Forth Action; Palantir Makes This Bold Move (Live Coverage)  Investor’s Business Daily Stock market today: Dow, S&P 500, Nasdaq tank as market confidence cracks under Trump tariffs, weak jobs data  Yahoo Finance US stocks close lower on more tariff threats, data showing prices up …

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US stocks slip following the latest discouraging signal on the economy

US stocks slip following the latest discouraging signal on the economy

NEW YORK (AP) — U.S. stock indexes slipped on Tuesday following the latest discouraging signal on the U.S. economy. The S&P 500 fell 0.5%, coming off a whipsaw stretch where it went from its worst day since May to its best since May. The Dow Jones Industrial Average dropped 61 points, or 0.1%, and the Nasdaq composite fell 0.7%. A …

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Swiss President, Economy Minister to Fly to US for Talks – Bloomberg.com

Swiss President, Economy Minister to Fly to US for Talks  Bloomberg.com Swiss president under fire after Trump call leads to US tariffs shock  The Guardian Swiss Med-Tech Firm to Move Some Output Abroad to Ease Tariffs  Bloomberg.com America’s tariff avalanche catches Switzerland unawares  The Economist Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers  CNBC Source link

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Trump is about to make two key appointments. Faith in the economy is at stake

Trump is about to make two key appointments. Faith in the economy is at stake

Facebook Tweet Email Link President Donald Trump said that he would fill two key leadership positions with significant oversight of the US economy as soon as this week. The appointments are critical: The Bureau of Labor Statistics commissioner will be responsible for delivering reliable economic data to the thousands of businesses, employers and government agencies that rely on the statistics …

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investors weigh the state of the U.S. economy

investors weigh the state of the U.S. economy

The 10-year Treasury yield was little changed Monday as investors assessed the state of the U.S. economy and weighed the impact of President Donald Trump’s latest tariff rates. The benchmark 10-year note yield was down more than 2 basis points at 4.198%, while the 30-year bond was lower by less than 2 basis points at 4.795%. The 2-year Treasury note …

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The labor market just hit a wall. Here’s what experts say it means for the economy and your job.

The labor market just hit a wall. Here’s what experts say it means for the economy and your job.

Friday’s disappointing July employment report delivered a reality check on the U.S. economy, with the data suggesting the job market is wobbling from the uncertainty of on-again, off-again tariffs. What was surprising about the Friday report was that employers not only hired fewer people than expected last month, but the government revised its jobs data sharply downward for the prior two …

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