US Economy

The so-called core consumer price index - which excludes food and energy costs - increased 0.3% for a fourth straight month, Bureau of Labor Statistics figures showed Wednesday

Ronald Johnson served as the ambassador to El Salvador from 2019 to 2021

Based on the November estimate, job growth would be trending around 145,000 over the past three months, which economists said was consistent

Chinese EV maker BYD has been scouting for locations to build a plant in Mexico but has said repeatedly that the factory will serve the domestic market

Spot gold was down 0.1 per cent at $2,648.69 per ounce, as of 1030 GMT. US gold futures also eased 0.1 per cent to $2,672.40

Addressing the VTB Investment Forum in Moscow on Wednesday, Putin said that the opponents of the US did a lot to undermine the fundamental basis of dollar as their international reserve currency

UnitedHealth shares gained 0.4 per cent even as Brian Thompson, the CEO of its insurance unit, was fatally shot on Wednesday morning in New York City

The Institute for Supply Management (ISM) said on Monday its manufacturing PMI increased to 48.4 last month from 46.5 in October, which was the lowest level since July 2023

For all potential controversy around the Fed posed by Donald Trump's victory in the Nov. 5 election - hints, for example, that the U.S. president-elect might rekindle his first-term feud with Powell

Nonfarm payrolls probably advanced by 200,000 in November, according to a Bloomberg survey of economists. The data due Friday are also expected to show the unemployment rate held at 4.1%

The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth. The Commerce Department reported that growth in US gross domestic product the economy's output of goods and services slowed from the April-July rate of 3%. But the GDP report still showed that the American economy the world's largest is proving surprisingly durable. Growth has topped 2% for eight of the last nine quarters. Still, American voters exasperated by high prices were unimpressed by the steady growth and chose this month to return Donald Trump to the White House to overhaul the nation's economic policies. He will be supported by Republican majorities in the House and Senate. Consumer spending, which accounts for about 70% of US economic activity, accelerated to a 3.5%% annual pace last quarter, up from 2.8% in the April-June period and

As the world diversifies its geo-economic reliance on one country, we should also diversify our geopolitical reliance on a single nation

The World Bank's IDA fund, which provides mainly grants and very low interest loans to the poorest countries, is replenished every three years, and a pledging conference is scheduled for Dec. 5-6

The Boston Fed chief noted inflation has come down "significantly," adding she's not seeing new price pressures and that "it's important to stay the course."

The Fed estimated that the strike depressed industrial production by 0.2 percentage point in October after exerting a 0.3 percentage point drag in September

Households on average saw inflation over the next year at 2.9 per cent, down from 3.0 per cent in September and the lowest estimate for near-term price increases in four years

Brent crude futures fell 9 cents, or 0.1 per cent to $73.78 a barrel by 0916 GMT while US West Texas Intermediate crude futures were at $70.23 a barrel

The US gross domestic product grew 2.5-3 per cent annually under Trump's first presidency

Though the labor market is easing, wage pressures are not showing a significant cooling, casting a shadow over the inflation and interest rate outlook

Voters have long been frustrated with the economy under President Joe Biden, which has featured the worst inflation