The labor market is cooling but not enough to allay the Federal Reserve’s hesitance to begin cutting interest rates.
Read More US weekly jobless claims edge higher, Q1 labor costs revised lowerTag: Imports
Biden Administration Announces Additional Tariffs On Chinese Imports
The Biden administration unveiled a new round of tariffs on $18 billion of Chinese imports. The White House said the tariff increases will protect American workers and businesses in response to China’s unfair trade practices.
Read More Biden Administration Announces Additional Tariffs On Chinese ImportsUS economic growth slows in first quarter; inflation surges
he U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade deficit.
Read More US economic growth slows in first quarter; inflation surges