Tag #Us Economy

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euronews.com
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US Stocks Rise on Trade Deal Hopes

US stock indexes rose significantly last week due to investor optimism surrounding potential trade deals, with the Dow Jones, Nasdaq, and S&P 500 experiencing substantial gains; however, futures are slightly lower Tuesday morning.

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36% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 75% Global Worthiness
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Nike Reports Sharp Revenue Decline Amidst Tariff Uncertainty

Nike reported a 10% revenue drop to \$46.3 billion and a 44% net income fall to \$3.2 billion in fiscal year 2025, driven by geopolitical instability and 55% tariffs on US imports from China, which the company plans to mitigate by shifting production elsewhere, incurring an estimated \$1 billion cos...

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28% Bias Score

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theguardian.com
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Trump's Potential Early Fed Chair Announcement Sends Dollar to Three-Year Low

The dollar dropped to a three-year low after reports that President Trump might announce Jerome Powell's replacement as Federal Reserve chair as early as this summer, sparking concerns about political interference in monetary policy.

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48% Bias Score

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cincodias.elpais.com
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Powell Defends Fed's Stance Against Trump's Rate Cut Demands

Federal Reserve Chairman Jerome Powell testified before Congress on Tuesday, resisting President Trump's calls to lower interest rates immediately, citing inflation concerns despite a strong economy; the Fed held rates steady at 4.25%-4.5% last week.

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36% Bias Score

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theguardian.com
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US Women Express Greater Economic Anxiety Than Men Under Trump

A new Harris Poll shows women are significantly more concerned than men about the US economy and inflation under President Trump's second term, with a 15-percentage-point gap, impacting their major life decisions and potentially influencing the next election.

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20% Bias Score

Reduced Inequality
news.sky.com
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Fed Holds Rates Amidst Trump Criticism, Predicting Slower Growth and Higher Inflation Due to Tariffs

The US Federal Reserve held interest rates steady at 4.25%-4.5% despite President Trump's criticism, while predicting lower economic growth (1.4% from 2.1%) and higher inflation (3.1% from 2.5%) due to tariffs; the effects of these tariffs will take time to fully manifest.

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40% Bias Score

Reduced Inequality
foxnews.com
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Trump Proposes Tax Deduction for U.S.-Made Car Loans

President Trump announced a plan to make interest on U.S.-made car loans fully tax-deductible up to \$10,000 annually, phasing out above \$100,000 AGI from 2025-2028, citing the support of a lifelong Democrat autoworker who changed his allegiance due to the benefits of previous tax laws.

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60% Bias Score

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dw.com
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Trump's Tariff Threat Shifts Global Investment to Europe

Facing a July 9 deadline, US-EU trade negotiations are strained by Trump's threatened 50% tariffs on EU imports, causing global investors to shift towards Europe, particularly Germany, due to the US's rising debt and unsustainable fiscal policies.

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48% Bias Score

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news.sky.com
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Trump Renews Attack on Fed Chair Powell, Hints at Replacements

President Trump called Federal Reserve Chair Jay Powell "terrible" and "stupid", suggesting four potential replacements amid ongoing pressure for interest rate cuts, while citing concerns about inflation caused by his trade policies.

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40% Bias Score

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cincodias.elpais.com
🌐 85% Global Worthiness
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Trump's Return Shakes Global Markets

Donald Trump's return to power has increased volatility in global financial markets due to his trade policies, impacting stocks, bonds, and currencies; while the US economy shows resilience, investors are diversifying away from US assets, seeking a more balanced portfolio.

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44% Bias Score

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bbc.com
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TI to Invest $60 Billion in US Chip Manufacturing

Texas Instruments (TI) will invest over $60bn in building or expanding seven US chip-making facilities in Texas and Utah, creating 60,000 jobs, in response to President Trump's pressure to boost domestic manufacturing and following a $1.6bn subsidy from the Biden administration.

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44% Bias Score

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euronews.com
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Fed Holds Interest Rates Steady Amid Tariff Uncertainty

The US Federal Reserve kept its key interest rate unchanged at around 4.3% on Wednesday, awaiting more information on the economic impact of tariffs, while projecting two rate cuts this year despite anticipating higher inflation, slower growth, and a slight rise in unemployment.

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52% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 1,501 results