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US ECONOMY NEWS

Trump revokes Biden-era order on promoting US economic competition

August 14, 2025 10:05 am

The official order clarifies that the revocation does not impair existing legal authorities of federal agencies, will be implemented in accordance with applicable laws and available appropriations.

Consumers’ loss, farmer optimism: In US, trade war sees key groups at odds

June 10, 2025 8:16 am

India’s goods trade surplus with the US in Jan-Apr 2025 was up 45% from last year

Trump says he has 'potential' trade deals with India, South Korea, Japan as US economy slumps

May 01, 2025 11:08 am

Donald Trump trade policy update: Trump said that he was in no hurry to conclude trade deals as the United States was reaping benefits of the tariffs announced by the federal government.

Stability will soon return to the markets though short-term fluctuations will continue: Aditya Birla Sun Life Mutual Fund Managing Director & CEO

April 08, 2025 7:06 am

India's fundamentals on a relative basis, continue to do well due to its large domestic economy

'Sometimes you have to take medicine': Trump on US tariffs move as global markets reel

April 07, 2025 7:49 am

Trump in a post on Truth Social earlier said that the recently imposed tariffs are working and that tariffs are "a beautiful thing to behold".

US economy likely created modest 130,000 jobs last month as Trump trade wars lift recession fears

April 04, 2025 10:38 am

President Donald Trump’s trade wars – including the sweeping “Liberation Day’’ import taxes he announced Wednesday – threaten to drive up prices, disrupt commerce and invite retaliatory tariffs from America’s trading partners.

US inflation rises for third straight month, grows at fastest pace since July

January 16, 2025 12:38 am

Grocery prices had slowed for most of last year but began accelerating in the fall, rising 0.4% in September, 0.5% in November and 0.3% last month.

Why US Fed cut interest rates, how India could be impacted

September 20, 2024 3:03 pm

A cut in interest rate typically incentivises economic activity, promotes growth, and increases job creation by making it cheaper for people to borrow money. The RBI, India’s central bank, is already under growing pressure to cut interest rates.

Why the US jobs report could be the most pivotal one in years

September 05, 2024 6:31 pm

The US job market has clearly cooled in recent months. That leaves joblessness higher than it was heading into the 2020 pandemic, and the speed of the recent pickup has drawn the attention of both Fed officials and economists.

Donald Trump's vision for the US economy

July 29, 2024 7:10 pm

Now that Biden has dropped out of the race and endorsed Kamala Harris the cards are being reshuffled regarding who's to blame for this dire situation.

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