Tag Archives: US

The review of trade deal between the United States and China, which was scheduled to take place on Saturday, has been delayed, Reuters first reported. However, the new date for the review has not been announced yet. U.S. Trade Representative Robert Lighthizer recently expressed satisfaction regarding the trade agreement between …

US retail sales increased less than expected in July and may slow further in the coming months due to a spike in new COVID-19 cases and a drop in unemployment benefits. The US Commerce Department said retail sales rose 1.2% last month, down from a 8.4% advance in June. Economists …

There were 963,000 Initial Claims for unemployment benefits in the US during the week ending August 8st, Labor Department revealed on Thursday, better than the market expectation of 1.1 million and it’s the first reading below 1 million since mid-March.

Real average hourly earnings in the US decreased by 0.4% on a monthly basis in July. US Dollar Index dropped below 93.50 after this report.Real average hourly earnings for all employees in the US declined by 0.4% from June to July (seasonally adjusted), the US Bureau of Labor Statistics reported …

Consumer prices in the US rose more than expected in July, but rising unemployment will likely keep inflation under control, allowing the Federal Reserve to continue pumping liquidity into the economy to help it recover from the recession caused by the Covid-19 pandemic. The US Labor Department said its consumer …

Bankruptcy cases in the United States are heading to their highest in 10 years this year, with companies suffering from the repercussions of the Coronavirus. According to a report issued by Standard & Poor’s Global, 424 US companies have filed for bankruptcy protection since the beginning of this year until …

The Producer Price Index (PPI) in the US for final demand rose from -0.2% in June to 0.6% in July, the data published by the US Bureau of Labor Statistics showed on Tuesday. On a yearly basis, the PPI edged up to -0.4% and came in higher than the market …

White House (WH) National Security Adviser O’Brien said in a statement early Tuesday, the US is ‘deeply troubled’ by the arrest of Hong Kong media tycoon Jimmy Lai. His comments come after the geopolitical tensions intensified between the US and China after the police in Hong Kong arrested Jimmy Lai, …

The US Treasury has imposed new sanctions on Hong Kong’s chief executive, Carrie Lam, along with 10 other officials. US Treasury Secretary Stephen Mnuchin said the sanctions target those undermining Hong Kong’s self-rule, including Governor Carrie Lam. Mnuchin stressed during his remarks that the United States stands with the people …

The US dollar index, which measures the greenback’s against a group of major currencies, remains on the buying bias unchanged around 93.00 on Friday, and the index retreated from its daily gains to 93.30 and drops to test the 93.00 area as it lacked momentum after the US NFP report. …