Economic News
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Trump administration races the clock to rebuild US tariff wall knocked down by Supreme Court
The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth
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Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity
Major Taiwan computer chipmaker TSMC says it plans to spend another $100 billion on expanding its manufacturing capacity in the United States
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Retail sales up just 0.2% in June, but excluding business at the gas pump, shoppers are resilient
Shoppers slowed their spending in June from May, but excluding business at the gas pump, shoppers showed resilience despite economic uncertainty as they bought cars and took advantage of summer sales events
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US weekly unemployment claims fall to 208,000, fewest in 10 weeks
Filings for unemployment benefits fell last week to the lowest level in 10 weeks as U.S. layoffs remain historically low
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The number of Americans filing for jobless benefits falls to 208,000 last week as US layoffs remain historically low
The number of Americans filing for jobless benefits falls to 208,000 last week as US layoffs remain historically low
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Taiwan computer chipmaker TSMC says it will spend another $100 billion on expanding manufacturing capacity in the US
Taiwan computer chipmaker TSMC says it will spend another $100 billion on expanding manufacturing capacity in the US
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US imposing a 25% tariff on some Brazilian imports starting July 22, citing unfair trade practices
The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy
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US stocks rise within 0.5% of their record, even as oil prices keep climbing
U.S. stocks ticked higher following strong profit reports from big companies
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Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation
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US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook
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