US Unemployment Rises to 4.3% in July, Fueling Fed Rate Cut Talks
July’s rise in US unemployment to 4.3% fuels discussions on potential Federal Reserve rate cuts and raises concerns about economic slowdown and election impacts.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
July’s rise in US unemployment to 4.3% fuels discussions on potential Federal Reserve rate cuts and raises concerns about economic slowdown and election impacts.
The US economy exceeded expectations in Q2, with GDP growth accelerating to 2.8% driven by robust consumer spending and inventory buildup.
President Biden’s new tariffs on Chinese imports have sparked debates on their impact on the US economy and climate change efforts, with experts and officials voicing concerns.
U.S. Treasury Secretary Janet Yellen’s visit to the Chinese mainland aims to stabilize and revive economic ties amid ongoing trade tensions and efforts to secure global supply chains.
Treasury Secretary Yellen criticizes Trump’s China policy for making the U.S. more vulnerable and isolating it on the global stage, impacting economic opportunities.
JPMorgan CEO Jamie Dimon advises caution about the U.S. economy, describing it as being in a ‘sugar high’ despite positive sentiment.
Explore how the US balances controlling inflation with targeted industrial policies, shaping economic growth and stability.
In 2022, the US saw a drop in median household income and a rise in poverty rates, signaling economic challenges for many families.
The U.S. supplies 94% of the world’s paid plasma donations, creating a $35B industry fueled by low-income donors balancing survival and medical needs.
As U.S. inflation hits a 40-year high, Americans share how rising costs for gas, housing, and essentials are reshaping daily lives and future plans.