#macroeconomy

[macdailynews]

U.S. labor market powers ahead: 172,000 jobs added in May, far surpassing expectations in strong show of American economic resilience

The U.S. economy delivered another impressive performance in May, with nonfarm payrolls surging by a robust 172,000 jobs — more than double the Dow Jones consensus estimate of just 80,000. This marks continued solid expansion in the labor market, underscoring the strength and momentum of the American workforce under current policies. Unemployment held steady at a healthy 4.3%, exactly in line…

View On WordPress

[macdailynews]

U.S. weekly jobless claims plunge to lowest level in more than 50 years

The number of Americans filing for unemployment benefits has fallen to its lowest level in more than 50 years. This week’s new jobless claims dropped to the fewest since September 1969. Matt Ott for The Associated Press: ‎ U.S. jobless aid applications for the week ending April 25 fell by 26,000 to 189,000, down from the previous week’s 215,000, the Labor Department reported Thursday. That’s…

View On WordPress

[macdailynews]

President Trump raises global U.S. import tariff to 15%

President Donald Trump President Donald Trump announced Saturday he is raising a global U.S. import tariff to 15% after a ruling this week by the Supreme Court. Greg Norman-Diamond for Fox Business: ‎ In a 6-3 decision Friday, the Supreme Court rejected the president’s authority to issue sweeping tariffs under the International Emergency Economic Powers Act. In response, Trump announced a 10%…

View On WordPress

[macdailynews]

President Trump imposes new 10% global U.S. import tariff

President Donald Trump holds a signed executive order on tariffs, in the Rose Garden at the White House in Washington, D.C., April 2, 2025. Photo by Leah Millis/Reuters Following the U.S. Supreme Court’s decision to invalidate President Donald Trump’s broad import tariffs imposed under the International Emergency Economic Powers Act (IEEPA), the president vowed to pursue alternative measures to…

View On WordPress

[macdailynews]

SCOTUS strikes down IEEPA tariffs; President Trump expected to pivot to proven trade laws like 232 and 301

President Donald Trump holds a signed executive order on tariffs, in the Rose Garden at the White House in Washington, D.C., April 2, 2025. On February 20, 2026, the U.S. Supreme Court ruled 6-3 that President Trump exceeded his authority by using the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs, holding that the law’s language to “regulate… importation” does not…

View On WordPress

[cryptomedia1]

Commodity Bloodbath Sends Shockwaves Across Markets as Bitcoin Faces Crucial Test

A sharp sell-off across global commodities is testing Bitcoin’s next move as investors watch whether BTC follows risk assets or shows resili

@coinccino

[izatrini]

The Key to a Home in Trinidad and Tobago  IDB | Inter American Development Bank http://dlvr.it/TQH2S8

[macdailynews]

American economy grows at fastest pace in years with much-better-than-expected 4.3% GDP gain

The American economy grew at its fastest pace in two years during the third quarter, with inflation-adjusted gross domestic product rising at a much-better-than-expected 4.3% annualized rate, according to a Bureau of Economic Analysis report released Tuesday. Jeff Cox and Fred Imbert for CNBC: ‎ U.S. gross domestic product, a sum of all goods and services produced in the sprawling U.S. economy,…

View On WordPress