US economy Archives

Data show Trump trade war failed to cut US China trade gap

iraqupdate.comJanuary 17, 2026January 17, 2026

by iraqupdate.comJanuary 17, 2026January 17, 2026041

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside...

Business

U.S. job market shows signs of strain in April

iraqupdate.comMay 1, 2025May 1, 2025

by iraqupdate.comMay 1, 2025May 1, 20250193

U.S. jobless claims rose to 241,000, marking a 9-week high and signaling growing pressure on the labor market....

US inflation persists as Trump’s tariff threats add economic concerns

iraqupdate.comJanuary 31, 2025January 31, 2025

by iraqupdate.comJanuary 31, 2025January 31, 2025087

Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...

Business

Stock market enters unique phase as Trump begins second term

iraqupdate.comJanuary 20, 2025January 20, 2025

by iraqupdate.comJanuary 20, 2025January 20, 20250113

U.S. markets soar with record gains in 2024, driven by Federal Reserve cuts, tech dominance, and robust earnings, but risks loom as Trump’s policies and...

Oil prices fall 1 percent amid weak economic data from US and Germany

iraqupdate.comJanuary 6, 2025January 6, 2025

by iraqupdate.comJanuary 6, 2025January 6, 2025095

Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand...

Business

Labor demand cools as U.S. job openings hit lowest since January 2021

iraqupdate.comSeptember 4, 2024September 4, 2024

by iraqupdate.comSeptember 4, 2024September 4, 20240226

The U.S. labor market saw job openings dip to a 30-month low in July, suggesting further cooling as economists closely watch the Federal Reserve....

Business

US national debt skyrockets to record $34.4 trillion

iraqupdate.comMarch 2, 2024March 2, 2024

by iraqupdate.comMarch 2, 2024March 2, 20240178

US national debt hits record $34.4 trillion, raising alarms over fiscal policy and market stability. Experts warn of dire consequences....

Business

Inflation cools rapidly, paving the way for economic confidence in 2024

iraqupdate.comJanuary 2, 2024January 2, 2024

by iraqupdate.comJanuary 2, 2024January 2, 20240167

As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations...

Business

Child poverty doubles as US grapples with post-COVID economy

iraqupdate.comSeptember 14, 2023September 14, 2023

by iraqupdate.comSeptember 14, 2023September 14, 20230244

As the US grappled with the aftermath of the COVID-19 pandemic, new data paints a bleak picture. Inflation-adjusted income witnessed a decline, while the child...

Business

JPMorgan Chase exceeds expectations with stellar first-quarter results

iraqupdate.comApril 14, 2023April 14, 2023

by iraqupdate.comApril 14, 2023April 14, 20230440

JPMorgan Chase announced a record-breaking first-quarter profit and revenue that surpassed expectations on Friday. The New York-based bank reported a profit of $12.6 billion or...

2027 Mercedes-Benz S-Class adds DIGITAL LIGHT micro-LEDs

Ford issues US recall for Escape Focus Explorer…

EU softens 2035 ban on combustion engine vehicles

Tesla boosts China-made EV shipments by 9.9 percent

New Porsche Cayenne Electric delivers 850kw power and…

Luxury brands struggle as only a third project…

Uncover the allure of Rolex Deepsea – luxury…

Beyond timekeeping to the prestige of the Rolex…

Rare uncut emerald dazzles at Sharjah show

Revolutionizing the ultimate travel watch with Rolex’s GMT-Master…

Tag : US economy

Data show Trump trade war failed to cut US China trade gap

U.S. job market shows signs of strain in April

US inflation persists as Trump’s tariff threats add economic concerns

Stock market enters unique phase as Trump begins second term

Oil prices fall 1 percent amid weak economic data from US and Germany

Labor demand cools as U.S. job openings hit lowest since January 2021

US national debt skyrockets to record $34.4 trillion

Inflation cools rapidly, paving the way for economic confidence in 2024

Child poverty doubles as US grapples with post-COVID economy

JPMorgan Chase exceeds expectations with stellar first-quarter results

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

China auto output and sales jump in March

Bank of Korea keeps rate at 2.5% for seventh hold

Abdullah bin Zayed, Kaja Kallas review UAE-EU ties

China inflation hits 1% in March as PPI turns positive

Bahrain and UK review regional tensions and economic risks

UAE president hosts UK PM for regional security talks

News

Abdullah bin Zayed, Kaja Kallas review UAE-EU ties

Bahrain and UK review regional tensions and economic risks

UAE president hosts UK PM for regional security talks

Health

DR Congo lifts national mpox emergency after two years

UNICEF and partners launch $300m child nutrition drive

WHO IARC maps preventable cancer risks across 185 countries

Automotive

2027 Mercedes-Benz S-Class adds DIGITAL LIGHT micro-LEDs

Ford issues US recall for Escape Focus Explorer and Lincoln MKC

EU softens 2035 ban on combustion engine vehicles