Tag: US economy

Sheinbaum Boosts US-Mexico Security Ties in New Collaboration Effort.

Mexico is making strides in rebuilding security cooperation with the United States under the leadership of President Claudia Sheinbaum. This marks a significant turnaround from the strained relations experienced during former President Andrés Manuel López Obrador's tenure. The revitalized partnership is largely facilitated by Omar García Harfuch, Security Cabinet coordinator, who has engaged in numerous discussions with high-ranking US officials to enhance intelligence sharing...

U.S. Economy Gains 162,000 Jobs in August; Unemployment Steady at 4.1%

The US labor market saw a modest rebound in August, with 162,000 jobs added, marking a recovery after a sluggish summer. Despite this improvement, the unemployment rate held steady at 4.1%. The job growth figures have been notably erratic, with the economy previously adding 214,000 jobs in March before plummeting to a mere 21,000 in July. August’s figures surpassed economists' forecasts, which had predicted...
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Breaking: August Sees Seven-Month Low in US Consumer Confidence

In August, consumer confidence in the United States took a dip, reflecting ongoing worries among Americans about high prices, especially those of gasoline and...

Druckenmiller Urges Bessent to Avoid US Bond Market Intervention

Prominent billionaire investor Stanley Druckenmiller has issued a cautionary note to US Treasury Secretary Scott Bessent regarding the government's strategy to manage long-term bond...

Federal Deficit to Hit $2.1 Trillion by 2026, Reports Indicate

The United States is on track to face a significant federal budget deficit, projected to reach approximately $2.1 trillion in the fiscal year 2026....

Trump Champions Economic Achievements, Introduces ‘Trump Accounts’ at Georgia Event

During a rally in Marietta, Georgia, U.S. President Donald Trump vigorously defended his administration's economic record, emphasizing a new initiative called "Trump Accounts." He...