US Economy – Page 2

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 […]

How D.C. Is Surviving Trump 2.0

We’re at a D.C. job fair for people affected by the DOGE layoffs. “Here’s a list of things we have open right now.” People are learning about unemployment benefits, food stamps and applying for open positions with local businesses and with the D.C. government. “We are contractors for U.S.A.I.D. So, we’re trying to explore our […]