Keywords: Us economy
US President Donald Trump carried out more than 1,100 reported securities transactions in July, highlighting continued activity across his personal investment portfolio as financial disclosures show a broad reshuffling of holdings. The transactions, which covered purchases and sales of securities, had......
Global investment in artificial intelligence infrastructure could reach unprecedented levels next year, with major cloud and technology companies potentially spending around $1 trillion on AI-related infrastructure in 2027, according to JPMorgan Chase CEO Jamie Dimon. Dimon said AI spending could rise......
Hiring in the US private sector has shown signs of a modest recovery, with companies adding an average of around 20,000 jobs per week during the four weeks through September 5, according to the latest data from payroll processor ADP. The four-week moving average, designed to smooth out weekly fluctuations......
US President Donald Trump’s proposal to provide a $5,000 payment to every adult American could add more than $1 trillion to the country’s budget deficit and public debt if implemented, according to economist Rob Mellin of the University of South Florida. Mellin, an associate professor in......
Economist Peter Schiff has warned that the United States could face an economic crisis more severe than the 2008 financial meltdown, arguing that the country is now exposed to a much broader asset bubble and significantly higher levels of debt. Speaking in a recent YouTube interview, Schiff said he......
The US federal budget deficit reached approximately $2 trillion during the first 11 months of fiscal year 2026, according to figures released by the Congressional Budget Office, highlighting the continued pressure on the country’s public finances despite stronger government revenues. The deficit......
US President Donald Trump has promised a $5,000 payment to every American adult if Republicans retain control of both chambers of Congress in the upcoming midterm elections, presenting the proposal as a direct return of economic gains to citizens. Speaking at a Republican Party conference in Dallas......
The average interest rate on 30-year fixed-rate mortgages in the United States climbed to its highest level since June 2025 last week, as rising oil prices and renewed inflation concerns pushed borrowing costs higher. According to the Mortgage Bankers Association (MBA), the average rate increased by......
Bombardier is emphasizing its contribution to the US economy after President Donald Trump warned the Canadian aerospace manufacturer that it could face restrictions on selling aircraft in the United States unless it shifts more of its manufacturing operations onto American soil. The company said its......
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