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US economy
Product exclusions from US tariffs may take 90 days: document
U.S. allies remain in the dark about country-specific exemptions.
US inflation likely eased in August, but not enough
Job growth in US strong in September as labor market forges ahead
Biden hails averting 'catastrophic' default in Oval Office speech
U.S. President Joe Biden told Americans on Friday in a rare Oval Office address that the debt ceiling bill passed by Congress after weeks of wrangling saved the country from "economic collapse."
June 2, 2023 | 04:43 pm PT
US economic growth accelerates in second quarter; weekly jobless claims fall
The U.S. economy grew faster than expected in the second quarter as labor market resilience underpinned consumer spending, while businesses boosted investment in equipment, potentially keeping a much-feared recession at bay.
July 27, 2023 | 04:45 am PT
US labor market loosens as job gains slow, unemployment rate hits 3.9%
U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) union against Detroit's "Big Three" car makers depressed manufacturing payrolls, and the increase in annual wages was the smallest in nearly 2-1/2 years, pointing to an easing in labor market conditions.
November 3, 2023 | 06:05 pm PT
Hasbro to lay off 900 more employees amid weak toy sales
Hasbro said on Monday it would cut another 900 jobs globally, nearly a year after the toymaker announced it would reduce 15% of its workforce amid weaker sales.
December 11, 2023 | 07:01 pm PT
International students spend over $40B in US
International students spent over $40.1 billion in the U.S. for the 2022-2023 academic year, up 19% from the previous year, according to NAFSA: Association for International Educators.
March 4, 2024 | 03:41 am PT
Single people need over $100,000 annually to live comfortably in US
The median income required to lead a comfortable life as a single person can exceed $100,000 a year in the most expensive U.S. states, a new report found.
April 25, 2024 | 03:30 pm PT
Four-person households in US need annual income of $275,000 to live comfortably
The median annual income that a working couple with two kids need to maintain a comfortable lifestyle can top $275,000 in the most expensive U.S. states, a new study found.
May 1, 2024 | 07:55 pm PT
How will Trump and Harris’s policies affect Vietnam economy?
Vietnam’s economy is likely to have similar impacts whether it is Donald Trump or Kamala Harris winning the U.S. presidency, though the former could make markets volatile, analysts said.
November 3, 2024 | 11:57 pm PT
Trump or Harris? Asia sees little difference between their likely economic policies
For Asian economies, it may not matter for trade and economic conditions whether Donald Trump or Kamala Harris wins the U.S. presidential elections.
November 4, 2024 | 07:42 pm PT