Tag : US economy

Business

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

iraqupdate.com
by iraqupdate.com084
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.com
by iraqupdate.com0257
Weekly jobless claims in the United States rose sharply to 241,000 for the week ending April 26, reflecting an increase of 18,000 from the prior...
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US inflation persists as Trump’s tariff threats add economic concerns

iraqupdate.com
by iraqupdate.com0131
Inflation in the United States remained persistent in December, with a key gauge monitored by the Federal Reserve rising 2.6% year-over-year, up from 2.4% in...
Business

Stock market enters unique phase as Trump begins second term

iraqupdate.com
by iraqupdate.com0162
As President-elect Donald Trump prepares to begin his second term, the U.S. stock market is entering a unique and unprecedented phase, defined by historic gains...
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Oil prices fall 1 percent amid weak economic data from US and Germany

iraqupdate.com
by iraqupdate.com0133
Oil prices fell by approximately 1% on Monday during volatile trading, following weak economic data from the United States and Germany. The decline ended a...
Business

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

iraqupdate.com
by iraqupdate.com0214
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...