USA economy

Biden’s empty inflation rhetoric
Foreign Policy

Biden’s empty inflation rhetoric

With US consumer prices growing at their fastest pace in four decades, inflation has become the single-most important economic policy issue. But you wouldn't know it from watching the Biden...

Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, US, November 26, 2021. REUTERS
Global Economy

US retailers' ballooning inventories set stage for deep discounts

Shoppers browse in a supermarket while wearing masks to help slow the spread of coronavirus disease (Covid-19) in north St. Louis, Missouri, US April 4, 2020. REUTERS/Lawrence Bryant/File Photo
USA

US consumer spending beats expectations in April; inflation likely peaked

Shoppers browse in a supermarket while wearing masks to help slow the spread of coronavirus disease (Covid-19) in north St. Louis, Missouri, US April 4, 2020. REUTERS/Lawrence Bryant/File Photo
USA

US consumer prices slow in April; inflation still high

Cargo shipping containers are seen at a storage yard in Carson, California, U.S., March 11, 2022. Picture taken March 11, 2022 with a drone. REUTERS/Bing Guan
USA

US wholesale inventories rise strongly; first-quarter GDP seen revised slightly up

People line up outside a temporary unemployment office established by the Kentucky Labor Cabinet at the State Capitol Annex in Frankfort, Kentucky, US June 17, 2020. REUTERS/Bryan Woolston
USA

Omicron, trade weigh on US economy in first quarter

Real consumer spending in the US has dropped in three of the last four months. Photo: Reuters
Bloomberg Special

US economy is doomed without stronger consumer spending

Commuters navigate early morning traffic as they drive towards downtown in Los Angeles, California, U.S., July 22, 2019. REUTERS/Mike Blake
USA

US to unveil revised stricter fuel economy regulations on Friday

FILE PHOTO: Containers are loaded onto a ship, as the global outbreak of the coronavirus disease (Covid-19) continues, in the Port of Los Angeles, California, US, April 16, 2020. REUTERS/Lucy Nicholson/File Photo
Global Economy

US current account deficit widens to biggest in 15 years in Q3

Environmental activists march towards the White House to demand US President Joe Biden stop fossil fuel projects and put climate justice at the heart of his infrastructure plans, in Washington, US, June 30, 2021. REUTERS/Evelyn Hockstein/File Photo
Analysis

Biden's lofty climate goals collide with political, economic reality

Photo: Collected
USA

US inflation coming off the boil as prices increase slowly in August

FILE PHOTO: A worker cuts swimwear fabric to be used by swimwear company Helen Jon, which converted its manufacturing facilities to make non-medical grade face masks, during the global outbreak of the coronavirus disease (Covid-19), in Los Angeles, California, US, April 9, 2020. REUTERS/Mario Anzuoni
Global Economy

From zippers to glass, shortages of basic goods hobble US economy

Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, US November 4, 2019. REUTERS/Charles Mostoller
USA

US manufacturing sector edges up in August