U.S. Markets
LATEST NEWS FROM U.S. MARKETS
U.S. Markets
Slow, steady US job growth expected in March
U.S. job growth likely slowed in March amid mass firings of public sector workers to slash federal government spending and reluctance by businesses to increase hiring because of im...
U.S. Markets
Trump's tariffs are largest US tax hike since 1968, JPM warns
U.S. President Donald Trump's cumulative tariff hikes amount to about 22%, which would be equivalent to the biggest U.S. tax increase since 1968, according to a note from JPMorgan.
U.S. Markets
US investment-grade credit risk gauge hits highest since November 2023
The Markit CDX North American Investment Grade Index , a basket of credit default swaps that serves as a gauge of credit risk, widened to its highest since November 2023 on Thursda...
U.S. Markets
US investors caught off-guard by depth of tariffs are braced for more pain
Investors had been prepared for a shock heading in to U.S. President Donald Trump's announcement of sweeping new tariffs on Wednesday, but many said that what played out was the wo...
U.S. Markets
With tariff details in hand, Fed now has to weigh inflation risks against blow to growth
U.S. Federal Reserve officials who have said they needed more details before estimating the economic impact of President Donald Trump's trade plans got perhaps more than they barga...
U.S. Markets
US farm, food groups largely critical of Trump tariffs
Groups representing U.S. farmers and food processors were mostly critical of President Donald Trump's announcement on Wednesday of sweeping tariffs on imports, which have sparked t...
U.S. Markets
US service sector growth nearly brakes in March
The U.S. services sector slowed to a nine-month low in March,
U.S. Markets
US trade deficit narrows in February
The U.S. trade deficit narrowed in February, but the level of imports remained elevated after businesses front-loaded goods to avoid higher prices from tariffs, keeping trade on tr...
U.S. Markets
US labor market calm ahead of tariffs storm
The number of Americans filing new applications for unemployment benefits fell last week, pointing to continued labor market stability ahead of potential volatility from import tar...
U.S. Markets
US announced job cuts surge in March on Doge hit, recruitment firm Challenger says
Layoffs announced by U.S. employers surged in March to the highest level since the pandemic recession as the government purged federal workers and contractors to slash spending.
U.S. Markets
Wall Street futures in a tailspin as tariffs fuel recession fears
U.S. stock index futures sank on Thursday after President Donald Trump's sweeping tariffs against its trading partners heightened fears of an all-out trade war that could push the ...
U.S. Markets
US tariff rate rockets to 22%, highest since 1910, Fitch economist says
The U.S. tariff rate on all imports has rocketed to 22% from just 2.5% in 2024 under the new global levies imposed by President Donald Trump, Fitch Ratings' U.S. economic research ...
U.S. Markets
Trade and labor associations, analysts on Trump's reciprocal tariffs
President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partne...
U.S. Markets
US factory orders rise solidly in February
New orders for U.S.-manufactured goods increased solidly in February, likely as businesses front-loaded orders ahead of tariffs.
U.S. Markets
Over a third of EM corporations to be 'meaningfully impacted' by tariffs, says JPMorgan
More than a third of emerging market companies are likely to be "meaningfully" impacted by U.S. trade tariffs when they hit, analysts at investment bank JPMorgan have estimated.
U.S. Markets
US private payrolls growth beats expectations in March
U.S. private payrolls increased more than expected in March, but that did not change economists' views that the labor market was slowing against the backdrop of mounting economic u...
U.S. Markets