The White House announced a reciprocal trade agreement with Indonesia while President Prabowo Subianto was in Washington to attend the first meeting of President Donald Trump's Board of Peace.Under the agreement reached Thursday, Southeast Asia's largest economy will...
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Inflation Rises More Quickly Than Expected to 3%
Underlying U.S. inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that the Federal Reserve would not cut interest rates before June.
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Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate
The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in Q4.
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US Economic Growth Slows to 1.4% in the Fourth Quarter
U.S. economic growth slowed more than expected in the fourth quarter amid disruptions from last year's government shutdown and a moderation in consumer spending, but tax cuts and investment in artificial intelligence were expected to support activity this year.
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Economists: Supreme Court May Force $175B Tariff Refunds
More than $175 billion in U.S. tariff collections are at risk of being refunded if the U.S. Supreme Court rules against President Donald Trump's broad emergency tariffs, Penn-Wharton Budget Model economists said Friday. Their estimate, produced at Reuters' request, was...
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Navarro to Newsmax: We're Winning the Affordability Battle
White House senior adviser Peter Navarro told Newsmax on Thursday that President Donald Trump's policies are making things more affordable for Americans, especially housing.
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