us economy

US consumer sentiment jumps for first time in 2025, says UMich report; tariff pause and steady prices lift confidence

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US consumer sentiment rebounded in June, marking the first increase in six months, according to University of Michigan data. The Consumer Sentiment Index surged to ...

Rate rage returns: Trump demands ‘a full point’ rate cut from Fed, Wall Street cheers as jobs data signals resilience

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Wall Street saw a surge following a positive US jobs report. Donald Trump called for a significant interest rate cut. He criticized the Federal Reserve’s ...

Asian stocks climb on Fed rate cut hopes; Wall Street’s big rally loses steam amid signs of slowing US economic data

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Asian stocks mostly climbed following weak US economic data, fueling hopes for potential Federal Reserve interest rate cuts. Investors are keenly awaiting US jobs data ...

US economy contracts 0.2% in Q1 amid tariff-driven disruption; imports, weak spending weigh on growth

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The US economy experienced a 0.2% contraction in the first quarter of 2025, primarily due to a surge in imports ahead of President Trump’s tariff ...

‘Sergey Brins of the world came as students..’: Raghuram Rajan warns about risks to US economy if foreign students are curbed by Trump

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Former RBI Governor Raghuram Rajan has criticised Donald Trump’s policy to restrict foreign students, warning of long-term economic consequences for the US. Rajan highlighted the ...

Asian markets tank following Wall Street’s loses: Nikkei down 300 points, Hang Seng loses 0.3%

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Asian equities tumbled on Thursday, mirroring Wall Street’s losses, fueled by US economic anxieties. Concerns over Donald Trump’s proposed tax cuts and their potential impact ...

Donald Trump ally seeks H-1B visa curbs after US announces crackdown on illegal immigration-linked Indian travel agents

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H-1B Under the Microscope: Is the American Dream Getting Harder to Reach? So, the immigration pot is simmering again in the US, and the familiar ...