The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility. Source link
Category: Economy
Economy News
India Reels From the Shock of Trump’s Onslaught
Russian oil poses just one problem. Business groups are flummoxed by the variety and vagueness of the American president’s complaints. Source link
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility. Source link
Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help. Source link
Stocks Drop as Trump’s New Tariffs Weigh on Markets
President Trump’s newest barrage of tariffs, major corporate earnings reports and an imminent reading on the U.S. labor market weighed on markets. Source link
Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help. Source link
Switzerland Is Stunned by 39% U.S. Tariff, Among the Highest in the World
Swiss officials plan to negotiate furiously for a lower rate in the coming days, before the punishing levy takes effect. Source link
Countries Promise Trump to Buy U.S. Gas, and Leave the Details for Later
U.S. trading partners are committing to buy more gas than they need or than the U.S. can produce, at least in the short term. Source […]
South Korea Reaches Trade Deal With Trump
The agreement comes after other American allies, like Japan, clinched their own deals to partly moderate President Trump’s tariff threats. Source link