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Indonesia's President Reaches Trade Deal Wiith US
The White House announced a reciprocal trade agreement with Indonesia while President Prabowo Subianto was in Washington to attend the first meeting of President Donald Trump's Board of Peace.Under the agreement reached Thursday, Southeast Asia's largest economy will...
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Inflation Rises More Quickly Than Expected to 3%
Underlying U.S. inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that the Federal Reserve would not cut interest rates before June.
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US Economic Growth Slows to 1.4% in the Fourth Quarter
U.S. economic growth slowed more than expected in the fourth quarter amid disruptions from last year's government shutdown and a moderation in consumer spending, but tax cuts and investment in artificial intelligence were expected to support activity this year.
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Economists: Supreme Court May Force $175B Tariff Refunds
More than $175 billion in U.S. tariff collections are at risk of being refunded if the U.S. Supreme Court rules against President Donald Trump's broad emergency tariffs, Penn-Wharton Budget Model economists said Friday. Their estimate, produced at Reuters' request, was...
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Navarro to Newsmax: We're Winning the Affordability Battle
White House senior adviser Peter Navarro told Newsmax on Thursday that President Donald Trump's policies are making things more affordable for Americans, especially housing.
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China's Long Game to Rule Global Trade Beyond Trump
China sees an opening to turn President Donald Trump's tariffs to its advantage by reshaping global trade in ways that would insulate its $19 trillion economy from U.S. pressure far into the future.
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Trump Ga. Trip Highlights Economy Before Midterms
When he visits battleground Georgia in a trip designed to help boost Republicans' political standing heading into the high-stakes midterm elections, President Donald Trump's team insists he will focus on the economy.
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Is the Global Economic Order Starting to Crack
While headlines focus on slowing growth and rising risks, financial insiders warn the real danger lies deep beneath the surface.
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US Trade Deficit Widens 32.6% to $70.3 Billion
The U.S. trade deficit widened sharply in December amid a surge in imports, and the goods shortfall in 2025 was the highest on record despite President Donald Trump's tariffs on foreign manufactured merchandise.
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Unemployment Claims Fall to 206K as Layoffs Remain Low
U.S. applications for unemployment benefits fell last week as layoffs remain at historically low levels. The number of Americans filing for jobless aid for the week ending Feb. 14 fell by 23,000 to 206,000 from the previous week, the Labor Department reported Thursday.
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Analysis: Tariffs Paid by Midsized US Firms Tripled Last Year
Tariffs paid by midsized U.S. businesses tripled over the course of last year, new research tied to one of America's leading banks showed on Thursday , more evidence that President Donald Trump's push to charge higher taxes on imports is causing economic disruption.
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Trump to Make New Economic Pitch in Georgia
President Donald Trump will give the latest in a series of economic speeches in Georgia Thursday as he seeks to persuade voters he and fellow Republicans have a plan to lower prices ahead of November's midterm congressional elections.
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12 Resounding Trump Victories for Americans
In any serious evaluation of governance, results matter more than rhetoric. The past year has marked a period of dramatic domestic improvement in the United States -- one defined by measurable innovation in public safety, economic stability, affordability, and equal...
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Fed Minutes: Lower Inflation Needed to Support Rate Cuts
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month's meeting show.
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Hassett: N.Y. Fed Tariff Study 'Worst I've Ever Seen'
White House economic adviser Kevin Hassett criticized a New York Federal Reserve paper that said U.S. companies and consumers bear a heavy burden from President Donald Trump's tariffs.
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Jobs Up, Inflation Down: Trump's Policies Are Working
Recent economic reports are painting a promising picture, showing a rise in new job creation across the country.
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US Single-Family Housing Starts Rebound
U.S. single-family homebuilding rebounded in December, but a decline in permits for future construction pointed to underlying weakness amid higher mortgage rates and material costs.
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Core Capital Goods Orders, Shipments Increase Solidly
New orders for key U.S.-manufactured capital goods increased more than expected in December and shipments of these products surged, cementing economists' expectations that business spending on equipment remained solid in the fourth quarter.
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An Independent Greenland Doesn't Add Up Financially - And that's a Strategic Liability for the US
President Trump's interest in securing Greenland is correct, but he should broaden his ultimate objective.Greenland is critically located along the Northwest Passage and other vital Arctic Sea routes that with Climate Change are now navigable for a longer summer season.
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Price Pain Returns - No Relief in Sight
December inflation may have come in at an encouraging 2.4%, but that doesn't mean the inflation pain is over.
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White-Collar Recession Warning: Job Openings Sink, Wages Stall
Beneath steady headline job growth, a harsher reality is emerging for corporate America: the white-collar job market is tightening fast, Quartz reports.
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Mayor Mamdani Wants to Leave Millionaires in Cold
Raising taxes risks a costly backlash. California just lost Google founders Sergey Brin and Larry Page last year, and Facebook founder Mark Zuckerberg just bought a riverside mansion in Miami from the founder of the Jersey Mike's sandwich shop chain.
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Gold Prices Dip on Firmer US Dollar
Gold edged lower on Monday as the dollar rose after bullion notched a more than 2% gain in the previous session, as cooler-than-expected U.S. inflation data lifted expectations for interest rate cuts by the Federal Reserve.
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Trump: $1T Spent on Military This Year
President Donald Trump on Friday told troops at Fort Bragg, North Carolina, that $1 trillion is being spent on the military this year and that amount will increase next year.
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Giuliani: Mamdani 'Lying' About NYC Deficit
Former New York City Mayor Rudy Giuliani on Thursday sharply criticized Mayor Zohran Mamdani's handling of the city budget, accusing him of misrepresenting the size of the deficit and lacking the experience to manage municipal finances.