US goods trade deficit hits 14-month high in May as imports surge
By Lucia Mutikani WASHINGTON, June 26 (Reuters) – The U.S. trade deficit in goods swelled to a 14-month…
America In Focus: Key inflation gauge surges to 3-year high, mortgage rate climbs
The economy, inflation and how those forces could impact the lives of Americans were front and center over…
How a Niche Technology Became a Choke Point for A.I.
Subramanian Iyer, an electrical engineer and educator, has long specialized in a sleepy niche of the semiconductor industry…
US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate
WASHINGTON (AP) — The U.S. economy expanded at a solid and unexpected 2.1% annual pace from January through…
The memory chip crunch is paying off for this US company
The AI boom has fueled dozens of new startups and minted a new class of billionaires. It has…
Key inflation gauge worsens as Americans’ income and spending power erodes
WASHINGTON (AP) — A key inflation gauge accelerated in April to the highest level in three years, squeezing…
Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices
WASHINGTON (AP) — A key inflation measure jumped in March as gas prices soared, the latest sign that…
Key inflation gauge worsened in January, before Iran war lifted gas prices
WASHINGTON (AP) — An inflation gauge closely monitored by the Federal Reserve moved higher in January in the…
US retail sales unexpectedly flat in December
WASHINGTON, Feb 10 (Reuters) – U.S. retail sales were unexpectedly unchanged in December, putting consumer spending and the…
US core capital goods orders beat expectations in November
WASHINGTON, Jan 26 (Reuters) – New orders for key U.S.-manufactured capital goods increased more than expected in November,…
Consumer spending remained strong during the holiday season despite elevated prices
Holiday crowds begin to gather in a shopping district at Rockefeller Center on the afternoon before Thanksgiving on…
White House preps backup plans with Supreme Court verdict looming; US, EU officials meet
The White House is quietly preparing a backup plan for President Trump’s tariffs, as the US Supreme Court…