US Economy on Edge With Uncertainty Over Tariffs
Talk of tariffs combined with fears of inflation sent the U.S. stock market tumbling Monday and again on Tuesday, a day of give and take between U.S. President Donald Trump and the premier of Canada’s most populous province, Ontario’s Doug Ford, on fraught trade relations between the United States and Canada. VOA White House correspondent […]
Stocks Slide as Trump Warns of US Economy ‘Transition’
A sell-off in the US stock market gathered steam on Monday, fuelled by rising concern about the cost of the trade war to the world’s largest economy. The S&P 500, which tracks the biggest American companies, fell about 2% in early trade, while the Dow Jones dropped 0.9% and the Nasdaq sank more than 3.5%. […]
US Economy Growing Despite Voter Angst
The US economy grew solidly in the three months to September, expanding at an annual rate of 2.8%. Despite there being a slight slowdown from the prior quarter’s 3% rate, the figures released by the Commerce Department showed the US is on track for one of the strongest economic performances of any major economy this […]
Mixed Jobs Report Adds to US Economy Concerns
By Natalie Sherman Job growth in the US was weaker than expected last month, raising concern that the world’s largest economy is starting to stumble under the weight of higher interest rates. Employers added 142,000 jobs in August, less than the roughly 160,000 analysts had forecast, the Labor Department said. It also said job gains […]