Browsing: US economy

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and…

The US economy added 254,000 jobs in September, beating projections of 140,000. The unemployment rate dipped to 4.1%, showing continued strength in the labor market.

The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market.

JPMorgan Chase announced a record-breaking first-quarter profit and revenue that surpassed expectations on Friday. The…

Costco Wholesale Corp. witnessed a decline in its shares following the company’s slowest growth in…