US Economy

US national debt reaches a record USD37 trillion

US crosses $37 trillion debt mark, raising alarms on fiscal sustainability

The USD37 trillion update is found in the latest Treasury Department report issued Tuesday which logs the nation’s daily finances.

August 13, 2025 06:05 IST

Trump’s economy shows cracks as growth slows and inflation rises

More than six months into his term, Trump’s blitz of tariff hikes and his new tax and spending bill have…

August 3, 2025 07:19 IST

Living pay cheque to pay cheque? You are not alone; 68% of Americans are too

The study, which surveyed 2,040 American adults from May 1 to May 21, 2025, presents a worrisome image of the…

July 22, 2025 22:51 IST

Goldman Sachs, US tariff, core inflation, US Fed, Donald Trump, US consumers, foreign exporters

US economy shrinks more than expected in Q1 as consumer spending falters

According to the Commerce Department’s third and final estimate released Thursday, gross domestic product (GDP) fell at an annualized rate…

Updated: June 26, 2025 19:28 IST

Dimon pointed to President Donald Trump's April 2 tariff announcement—dubbed "Liberation Day," as a potential drag on growth.

JPMorgan Chase CEO Jamie Dimon makes key observations on US Economy. What we know so far

Although the latest inflation report showed prices rising by just 0.1 percent month-over-month in May, with a year-over-year increase of…

Updated: June 17, 2025 21:06 IST

In an interview with Tucker Carlson, Sachs argued that the U.S. response to emerging global powers is primarily motivated by the desire to maintain economic and geopolitical hegemony.

‘US will want to weaken India when they…’, says Jeffrey Sachs as he discusses US deep state with Tucker Carlson

Sachs explained that the U.S. has consistently sought to undermine any nation that develops the capacity to challenge its global…

June 14, 2025 00:17 IST

JPMorgan’s Jamie Dimon warns there’s ‘real chance’ US economy could ‘deteriorate’ soon

“I think there’s a chance real numbers will deteriorate soon,” Dimon said.

June 12, 2025 08:52 IST

Impact of raising yield on the USA and the Emerging economies

While markets had shown signs of stabilization after the initial shock, the latest round of tariff threats has once again…

June 7, 2025 11:30 IST

us jobs data, jobs data in us, us economy, jobs data, donald trump, trump news

US adds 1,39,000 jobs, down from 147K in April; unemployment steady at 4.2%

Hiring fell from a revised 147,000 in April, the Department of Labor said.

Updated: June 6, 2025 21:20 IST

Trump tells Powell he’s making a ‘mistake’, pushes Fed Chair to lower interest rates

Leavitt said that Trump has spoken out about the issue publicly, and she can now confirm that he also did…

May 30, 2025 06:43 IST

Fed’s Jerome Powell warns of elevated long-term rates amid policy challenges from supply shocks

Powell’s remarks build on his recent warnings that a changing economic environment—including potential trade disruptions and supply constraints—could make monetary…

Updated: May 15, 2025 21:36 IST

JPMorgan revises US economic growth forecast after US-China trade deal

According to JPMorgan’s Chief US Economist Michael Feroli, the government’s recent move to ease some of the tougher tariffs on…

May 14, 2025 10:33 IST

The US will slash tariffs on Chinese goods from a staggering 145% to 30%, while China will reduce its duties on US imports from 125% to 10%.

Trump says 80% tariff on China “seems right” ahead of key trade talks

Since returning to office in January, Trump has raised tariffs on Chinese imports to 145%, adding to the trade barriers…

May 9, 2025 19:27 IST

US President Donald Trump meets with British Prime Minister Keir Starmer at the White House.

Trump announces trade deal with the UK — How Starmer sealed the deal others couldn’t

Starmer stuck with Sunak’s targeted strategy, aiming at emerging sectors like biotech and AI. But the urgency to act grew…

May 8, 2025 21:01 IST

Trump set to raise millions from crypto, memecoin galas this month

Trump says US in transition period, downplays impact of short-term recession

Trump’s comment on the U.S. economy being in a transition period echoed comments he made earlier on Friday in a…

Updated: May 3, 2025 06:51 IST

US economy shrinks in first quarter as tariffs unleash flood of imports

The Commerce Department’s advance gross domestic product (GDP) report on Wednesday, however, grossly exaggerated the economy’s fading prospects.

May 1, 2025 05:36 IST

Trump's first 100 days: US economy contracts 0.3% due to disruptive tariff policies. (Image Source: X/Twitter)

Trump’s 100 days in office: US economy shrinks 0.3% over chaotic tariff policy

The U.S. economy contracted by 0.3% in the first quarter, largely due to a surge in imports driven by businesses…

April 30, 2025 18:34 IST

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LIVE: Will Mukesh Ambani announce Jio IPO date and other key details at RIL AGM today?

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Reliance Industries is holding its 48th Annual General Meeting virtually, with over 44 lakh shareholders expected to tune in. Investors are eagerly waiting for an update on the long-awaited Reliance Jio IPO and any impact of US tariffs on their crude sourcing and O2C business. The company’s plans for IPO announcements for both Jio and Reliance Retail are also key things to watch out for.

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