US economy
US consumer prices rise less than expected in January
The Consumer Price Index rose 0.2% last month after an unrevised 0.3% gain in December
Trump decries a ‘nation of renters’ but his new policy promotes one
Trump’s executive order barring big investors from buying single-family homes exempts build-to-rent
US budget deficit to grow to US$1.853 trillion in FY2026
CBO forecast shows Trump’s economic policies are worsening the country’s fiscal picture
US job growth accelerates in January, jobless rate falls to 4.3%
Nonfarm payrolls increased by 130,000 jobs last month after a downwardly revised 48,000 rise in December
Trump tariffs face rebuke as Johnson fails to block votes
Democrats has pointed to the duties as a driver of inflation that have escalated the cost-of-living crisis
US consumer delinquencies jump to highest in almost a decade
The jobless rate for workers 16 to 24 years old stood at 10.4% in December
US retail sales unexpectedly flat in December
Economists could trim their fourth-quarter estimates for consumer spending and GDP
Property debt’s ‘maturity wall’ eases in US as US$875 billion comes due
[NEW YORK] A steadily building wall of maturing property debt in the US is finally letting up as the outlook for commercial real estate improves.
Fed’s Miran says data suggests Americans aren’t shouldering tariff hit
Miran’s view contradicted data showing that Americans are bearing the burden of paying for tariffs
White House sets lower job growth expectations; Fed grapples with same issue
The US unemployment rate was 4.4 per cent in December