Economic News

U.S. payrolls rose 50,000 in December, less than expected; unemployment rate falls to 4.4%

Nonfarm payrolls were expected to rise by 73,000 in December as the unemployment rate moved lower to 4.5%.

US Adds 50K Jobs, Unemployment Falls to 4.4%

U.S. job growth slowed more than expected in December amid business caution ⁠about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to 4.4%, supporting expectations the Federal Reserve would leave interest...

UN Forecasts 2.0% US Economic Growth in 2026

A United Nations report said economic growth in the United States slowed to 1.9% in 2025 — from 2.8% in 2024 — but was forecast to edge up to 2.0% in 2026 and 2.2% in 2027, aided by expansionary fiscal and monetary policies.

Supreme Court Set to Issue Rulings as Trump Awaits Fate of Tariffs

The U.S. Supreme Court could issue at least one ruling on Friday as several major cases remain pending including litigation testing the legality of President Donald Trump's sweeping global tariffs.

US Weighs Buying Greenland, Giving Each Resident $100K

The Trump administration is considering sending lump-sum payments of up to $100,000 to each of Greenland's roughly 57,000 residents as part of an effort to buy the Arctic island, media outlets reported Thursday.
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