Economy

The Federal Reserve voted on May 7 to leave interest rates unchanged for the third straight meeting.

‘Every little bit helps,’ one UK economist said about the new trade outline.

The auto market may slow in the second half of 2025 because ’strong demand likely pulled some transactions forward,' says one expert.

The cold storage warehouse and logistics operator still plans to expand its worldwide projects in the second quarter.

The president said China had far more to gain than the United States.

More than 280,000 job cuts have so far been announced in the government sector this year.

Both initial and continuing jobless claims declined for the week ending May 3.

‘In the coming weeks, we’ll have it all very conclusive,’ Trump told reporters.

Analysts expressed concerns over the pricing dynamics and the competitive landscape in delivery and mobility businesses.

The entertainment giant’s shares surged more than 10 percent during morning trading on May 7.

‘Despite heightened uncertainty, the economy is still in a solid position,’ Fed Chair Jerome Powell said.

Opposition politicians have criticised a provision in Tuesday’s deal exempting some temporary Indian workers from national insurance payments.

Valuation concerns triggered an adverse reaction to the company’s stock on Wall Street.

The settlement was disclosed in a new filing in federal court in California.

The utility giant’s commercial power load grew by 12.4 percent year over year in the first quarter, with hyperscale data centers set to boost demand further.

Trump announced on May 6 that the Chinese regime wants to engage as its economy feels the impact of U.S. tariffs.

This week is all about the Fed. The Fed governors hinted that Friday’s healthy jobs report makes a rate cut this week less likely.

Imports grew by 4.4 percent to a record high of $419 billion as businesses bolstered their purchases before the government announced further tariffs.

Total individual and businesses bankruptcies are up by 9 percent from last year.

The deal follows three years of talks and is set to boost several sectors which are hit especially hard by U.S. tariffs.