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Tag Archives: economy

US economy can’t recover ‘until people feel confident that they’re safe’

US economy

Federal Reserve Chairman Jerome Powell warned Americans that the economic downturn triggered by the coronavirus outbreak could last until the end of 2021 because recovery won’t happen until people feel ...

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US Treasury: Quarantine extension will cause irreversible damage to the economy

US, Treasury, Quarantine , economy

US Treasury Secretary Stephen Mnuchin said extending quarantine could cause irreversible damage to the economy. According to him, the delay in opening the economy carries great risks. “Continuing the quarantine ...

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US economy grew at its weakest pace since Trump took office

US economy, Trump

The US economy in 2019 grew at its slowest pace in three years, according to preliminary data from the Commerce Department. The economy expanded by 2.3% last year, its lowest ...

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Commerce Secretary: coronavirus helps to accelerate the return of jobs to US

jobs to US

Commerce Secretary Wilbur Ross on Thursday suggested that the outbreak of a deadly coronavirus in China would help “accelerate” the return of jobs to the United States. Ross made the ...

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Federal Reserve: Trump tariffs backfired, caused job losses and higher prices

President Trump’s tariffs on imports — meant to boost the economy — ultimately led to job losses and higher prices, a new study from the Federal Reserve has found. “We ...

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Trump’s tariffs hit US families

Trump’s tariffs hit US families

President Donald Trump’s trade war with China, until now mainly an abstraction for American consumers, is about to hit home. Beginning Sunday, the U.S. government will begin collecting 15% tariffs ...

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Poll shows that Trump’s economic approval is declining in battleground states

Poll shows that Trump’s economic approval is declining in battleground states

President Trump’s economic approval numbers are declining in key battleground states and he trails a generic Democrat in the race for the White House, according to a poll conducted by ...

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Biden: Trump inherited a pretty good economy from Obama, just like he inherited everything in his life

Former Vice President Joseph R. Biden on Friday said President Trump is becoming more “erratic” and predicted that the president will double down on his “worst instincts” if the economy ...

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US economic weakness: manufacturing slowed in August

The American manufacturing sector contracted last month, a key measure showed on Tuesday, heightening fears that the trade war with China could bring on a recession. Manufacturing accounts for just ...

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Trump’s tariffs hits US families

President Donald Trump’s trade war with China, until now mainly an abstraction for American consumers, is about to hit home. Beginning Sunday, the U.S. government will begin collecting 15% tariffs ...

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