New claims for U.S. unemployment benefits surprisingly decreased last week, indicating sustained labor market...
US 1Q23 GDP Revised Up to 2% from 1.3% in First Report
The U.S. economy recorded a much stronger-than-reported growth in the first quarter of this...
US Consumer Confidence in June Hit Highest Level in More Than a Year
US consumer confidence reached its highest level since early 2022 in June as optimistic...
Surging Default Rates and Bankruptcy in US from High Interest Rates
A series of rate hikes by the U.S. central bank has been putting more...
U.S. Fed Chair Powell Expects More Rate Hikes to Bring Down Inflation
The U.S. Federal Reserve Chairman Jerome Powell on Wednesday said that further interest rate...
Biden Labels Xi Jinping as Dictator, Two Days after High-Level Meeting in China
Just two days after sending Secretary of State Antony Blinken to a high-level meeting...