US Economy – 9xm News

‘Without US, the world would die’: Donald Trump boasts of economic might, calls America ‘hottest and best’

US president Donald Trump made tall claims about the country’s economic and global influence, saying that “without US, everything in the world would die,” he said, speaking to reporters in the Oval Office on Tuesday. He emphasized the rapid growth of the US economy during his first term, saying, “I made it really big in […]

‘Third World Nation’ fear: Trump warns of fallout if tariffs struck down; slams court ruling again

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday warned that the United States would become a “Third World Nation” if tariffs imposed by him were struck down by courts. Defending his sweeping tariffs, Trump said that more than $15 trillion will be invested in US, a figure he described as […]

‘I’d fire him’: Trump takes shots at Powell while standing beside him during Fed visit; watch video

Screengrab from Trump’s interaction with reporters during Fed visit US president Donald Trump on Thursday visited the Federal Reserve’s renovation site in Washington, DC — and used the opportunity to take fresh shots at chair Jerome Powell. Standing in front of the half-finished project, Trump mocked the rising costs. “It looks like it’s about $3.1 […]

From ‘beautiful bills’ to economic revival: Trump marks 6 months in office; what he claims he’s achieved

It’s been six months since Donald Trump returned to the White House in January as the 47th president. His second term has already brought major changes to US domestic and foreign policy. From sweeping tax reforms and economic growth to tough border measures and bold international deals, here’s a rundown of what the US president […]

‘Too late’: Donald Trump slams Jerome Powell, calling him one of the ‘dumbest and most destructive’; accuses Fed chief of costing US billions

US President Donald Trump once again slammed Federal Reserve Chairman Jerome Powell, accusing him of costing the country hundreds of billions of dollars after the central bank kept the interest rates unchanged. “Too Late,” Trump tweeted, calling Powell one of the “dumbest” and most “destructive” people in government. “Too Late” Jerome Powell is costing our […]

US Fed pauses rate cuts again says ‘great deal of uncertainty’ over Trump’s tariffs

File photo: US federal reserve chair Jerome Powell (Picture credit: AP) US Federal Reserve Chair Jerome Powell on Wednesday warned that US President Donald Trump’s escalating and uncertain tariff policies could force the central bank into a difficult position where its key objectives, low inflation and maximum employment, might come into conflict. “I think there’s […]

Donald Trump says he won’t fire ‘total stiff’ Fed chair Jerome Powell before term ends in 2026

Donald Trump says he won’t fire Fed chair Jerome Powell (File photo) US President Donald Trump announced on Sunday that he will not remove Jerome Powell as Federal Reserve board chairman before his term ends in May 2026 while describing the central banker as “a total stiff” and repeating calls for the Fed to lower […]

Newsom: California is now world’s 4th-biggest economy, pips Japan

California governor Gavin Newsom boasted that his state has become the world’s fourth-largest economy, following only the US, China and Germany in global rankings.The state’s nominal GDP reached $4.1 trillion last year, edging past Japan’s $4.02 trillion, Newsom said, citing newly released IMF country-level data and preliminary state data from US Bureau of Economic Analysis. […]

US Central Bank Chief Explains Biggest Consequences Of Trump Tariffs

Chicago, US: As the ripple effects of US President Donald Trump’s global trade war are being felt across numerous industries, US Federal Reserve Chair Jerome Powell on Wednesday (local time) warned of higher inflation, saying policy changes under the Trump administration have put America’s central bank in uncharted waters. In a speech in Chicago, […]

Trump Tariffs: Republicans rally behind Trump as most Americans expect higher prices from tariffs

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s sweeping tariff plans have triggered growing anxiety among Americans, with many blaming his policies for worsening economic conditions, even as most Republicans continue to back his strategy. According to a CBS News/YouGov poll, the country remains sharply divided on whether Trump has […]