the US economy

The United States and China have reached a trade deal to lower tariffs on roughly $30 billion worth of "non-sensitive goods", following a meeting between President Trump and President Xi this week. The agreement is expected to reduce prices on a range of consumer products, including small appliances, toys and holiday items, and is drawing wide attention as a step toward easing trade tensions between the two economies.

The US Federal Reserve has decided to keep interest rates unchanged even as inflation reaches its highest level in three years. The decision means borrowing costs will stay where they are for now, with policymakers weighing stubborn price pressures against signs of strain in the economy. Markets and economists are watching closely for signals on when, or whether, the central bank might move rates again.

The US Federal Reserve has raised interest rates for the first time in several years, a shift in monetary policy that affects borrowing costs across the economy. Coverage is focused on what the move means for everyday finances, including credit card bills, mortgage rates, savings returns and loan payments.

The US Federal Reserve has raised interest rates for the first time since 2023, according to ABC News. A rate hike would mark a reversal from the easing cycle of recent years and would affect borrowing costs for mortgages, credit cards and businesses across the American economy. Markets and households will be watching for signals on whether further increases are planned.

The United States and China have reached an agreement to reduce tariffs on $30 billion worth of goods, following a summit in Washington between President Donald Trump and Chinese leader Xi Jinping. The deal marks a step toward easing trade tensions between the world's two largest economies, though details of which products will be affected have not yet been fully outlined.

Ten-year Treasury yields have climbed to 5.10%, their highest level since July 2007, while 30-year yields reached 5%, levels not seen in roughly two decades. The surge follows a stronger-than-expected US jobs report, which is fueling speculation that the Federal Reserve may raise interest rates again. Investors are weighing what persistent yields at multi-decade highs mean for borrowing costs, equities and the broader economy.

The Federal Reserve has raised interest rates again, a move being read as an acknowledgment that inflation is proving stubborn and the US economy is growing faster than expected. Commentators say policymakers are adjusting to a new environment in which price pressures persist despite earlier tightening, forcing the central bank to keep rates higher for longer than markets had anticipated.

The United States is set to finalize vehicle fuel economy standards that are sharply lower than previously planned, according to Reuters. The rollback would ease efficiency requirements for automakers, reversing stricter targets and easing pressure on manufacturers of gasoline-powered vehicles while drawing criticism from climate and environmental advocates.

Economists are split over whether the US Federal Reserve will raise interest rates this year. ABC News reports that analysts disagree on the outlook, with arguments on both sides about inflation pressures, labor market strength, and the risk of slowing growth. The division reflects genuine uncertainty about how the economy will perform in the months ahead, leaving markets and businesses unsure about borrowing costs.

Donald Trump is expected to meet Xi Jinping at the Apec forum in China this November, and analysts argue the Chinese leader will arrive in a stronger position than at their previous encounters. Beijing has spent the period since consolidating its economy, expanding trade partnerships and positioning itself as a defender of globalisation, while Washington's tariffs and erratic diplomacy have unsettled allies. The meeting is being watched for signals on the future of US-China trade talks.

The United States and China have agreed to a trade truce, pausing escalation in their ongoing tariff conflict as economic and political pressure mounts on both sides. The deal is being read as a temporary measure that buys time for negotiations rather than a lasting resolution, with observers watching to see whether talks can ease tensions before the truce expires.

The United States and China have announced a tariff arrangement linked to at least $30 billion in imports, following a meeting between Donald Trump and Xi Jinping. Officials confirmed the arrangement but left key details unresolved, leaving businesses and analysts questioning the scope of the tariff relief, which products are covered, and how the deal will be implemented.

Reuters commentary examines which Asian economies stand to suffer most as the US Federal Reserve continues raising interest rates. The analysis weighs factors such as current account deficits, foreign debt levels and currency vulnerability across the region. Markets and policymakers are watching closely, as Fed tightening tends to pull capital out of emerging Asian economies and weaken their currencies.

President Donald Trump has announced he is rolling back fuel economy standards for cars introduced under the Biden administration. The rules, which required automakers to improve vehicle efficiency, had been a target of the administration's broader effort to undo former President Joe Biden's climate and environmental policies.

President Donald Trump and Chinese President Xi Jinping met at a US-China summit without reaching any breakthrough agreement on artificial intelligence. The talks produced no concrete commitments on AI cooperation or governance between the two countries, despite expectations that advanced technology would feature prominently in the discussions between the world's two largest economies.

US Treasury yields have crossed a key threshold, with the 10-year trading around 5.18% and the 30-year near 5%. Commentators highlight the ripple effects beyond Wall Street, noting pressure on emerging markets such as India through capital outflows and higher borrowing costs.

Donald Trump is touting the strength of the US economy while simultaneously lashing out at news outlets he calls 'fake news', as part of an ongoing feud with the media. His remarks combine claims of economic success with accusations that coverage of his administration is unfairly negative, keeping his clashes with the press in the spotlight.

Japan's national debt stands at roughly twice the size of its economy, the highest ratio among developed nations, but economists writing in Fortune argue the United States' debt load of around $40 trillion is the more worrying case. They point to America's faster-growing deficits and political gridlock over spending, contrasting it with Japan's domestic, stable creditor base.

US Treasury Secretary Scott Bessent said Iran is facing deepening economic isolation as Washington pressures other countries to reduce or cut their economic ties with Tehran. The comments point to a renewed American push to squeeze Iran's economy through diplomatic and financial pressure, and the remarks are drawing attention as observers weigh how far the US campaign will go and how other governments will respond.

The UK Chancellor is facing difficult budget decisions as war-related pressure involving Iran strains the economy. Separately, a US Treasury official identified as Burke has issued an ultimatum to more than 50 countries across the Middle East and Europe, demanding they cut trade relationships with Iran or risk severed ties with the United States.

The United States and China have reached a major trade framework that reportedly cuts the US trade deficit with China in half. The announcement marks a significant step in easing tensions between the world's two largest economies. The exact terms of the agreement and how the deficit reduction will be achieved have not yet been detailed, and reactions from businesses and lawmakers are still coming in.

President Donald Trump said he has approved new fuel economy standards that roll back rules put in place during the Biden administration. The move would loosen requirements on carmakers for vehicle efficiency. The announcement is drawing attention from the auto industry and environmental groups, who are weighing the impact on emissions, vehicle prices and US climate commitments.

The United States is preparing to finalize vehicle fuel economy standards set significantly lower than previously planned. The rollback of efficiency requirements would ease pressure on automakers to improve mileage and reduce emissions, marking a notable shift in US vehicle policy. The move is expected to draw debate over its impact on fuel costs, emissions and the auto industry.

Analysts say the $32 trillion US Treasury market may be entering a new phase in which interest rates around 5% become the norm, as yields on instruments such as the five-year note move higher. The shift would mark a break from the near-zero rate years and reshape expectations for borrowing costs, equities and the broader economy.

Hong Kong Financial Secretary Paul Chan said renewed dialogue between China and the United States will help ease concerns, but he expects competition between the two powers to continue. His remarks reflect cautious optimism among policymakers that talks can stabilise relations, even as underlying economic and strategic rivalry remains unresolved.

Investors say rising US bond yields are having little effect on an economy they describe as red-hot, warning that borrowing costs are 'not even close' to slowing growth. The comments reflect growing concern in financial markets that elevated yields may persist, with implications for stocks, Federal Reserve policy and the outlook for interest rates.

Britain's Chancellor is reported to be weighing budget decisions as the US-Iran war puts pressure on the UK economy. The item also notes that the UN General Assembly ended with mixed diplomatic outcomes on efforts to end the conflict. Attention is focused on how war-related economic strain will shape upcoming UK fiscal policy.

The Trump administration is preparing to roll back fuel economy standards for cars and light trucks put in place under Joe Biden, according to reports by the Los Angeles Times and Bloomberg. The move would loosen emissions-related efficiency requirements for automakers, undoing one of the previous administration's key climate policies and reshaping the regulatory outlook for the US auto industry.

US Treasury Secretary Scott Bessent said Iran's economy will collapse "probably within the next 2 weeks," claiming Tehran will make its final oil deliveries to China and then have "NOTHING." He argued Iran is growing desperate for a nuclear deal as sanctions squeeze its oil exports, framing economic collapse as leverage pushing Tehran toward negotiations with Washington.

US Treasury Secretary Scott Bessent has welcomed what he describes as a global crackdown on Iranian banks and airlines, signalling intensified international sanctions enforcement against Tehran's financial and aviation sectors. The comments point to coordinated action by allied governments targeting entities linked to Iran's economy, though details of specific measures or which countries took part were not given.