United States

U.S. weekly jobless claims increase as unemployment stabilizes

Initial filings for state unemployment benefits increased by 4,000 to a seasonally adjusted 212,000 for the week ended February 21

Indonesia and U.S. finalize trade deal, cutting tariffs to 19 percent from 32 percent

The revised 19 percent tariff rate aligns Indonesia with other Southeast Asian economies that have reached similar deals with Washington

Indonesia, U.S. companies ink $38.4 billion trade and investment deals

Agreements form part of the implementation framework of the broader U.S.-Indonesia trade deal Prabowo is set to sign with Trump on Thursday

U.S. and Taiwan finalize trade deal with 15 percent tariff, $500 billion in semiconductor and AI investments

Agreement exempts more than 2,000 export items from reciprocal tariffs, cutting average duty to 12.33 percent 

U.S. trade deficit widens 94.6 percent, marking largest jump since 1992 as imports surpass records

The import surge, driven by technology needs, indicates a strong demand unmatched by domestic production 

U.S. hits South Korea with 25 percent tariff hike over trade deal delays

New levies target South Korean automobiles and pharmaceuticals

U.S. economy hits strongest growth in two years with 4.4 percent GDP surge

Household consumption and AI investments drove Q3 performance to its highest levels since 2023 

South Korea to invest $350 billion in U.S. shipbuilding, industry

The agreement allocates $200 billion in cash payments, capped at $20 billion per year, and $150 billion for joint shipbuilding projects

NVIDIA and South Korea partner to build AI infrastructure with 260,000 GPUs to fuel nation’s innovation, job growth

South Korea aims to become a top global AI powerhouse with NVIDIA's advanced computing technologies 

U.S. and Australia launch $2 billion investment to reduce reliance on Chinese minerals

A joint venture will fund a plant with an estimated capacity of 100 tons of gallium 

Google announces $15 billion investment in new India AI data center, largest outside U.S.

The investment aligns with India's "Viksit Bharat 2047" vision to become a leading digital economy

U.S. deficit to rise nearly $1 trillion above previous projections, budget watchdog warns

Net interest payments on the national debt are projected to total $14 trillion from 2026 to 2035

S&P affirms U.S. ‘AA+’ credit rating as tariff revenue offsets weaker fiscal outcomes

Broad revenue buoyancy in the U.S., including robust tariff income, will offset any fiscal slippage from tax cuts and spending increases

U.S. consumer prices rise 2.7 percent in July amid September rate cut bets 

Core CPI rose 0.3 percent in July and 3.1 percent from a year earlier, compared with forecasts of 0.3 percent and 3 percent

South Korea, U.S. commit to reaching tariff deal before August 1 deadline

South Korea will be subject to a 25 percent reciprocal tariff unless it reaches a deal before the deadline

AstraZeneca announces $50 billion U.S. investment in biotech and drug manufacturing by 2030

Multibillion-dollar commitment is expected to generate tens of thousands of high-skilled direct and indirect jobs across the U.S.

Amazon unveils $20 billion investment plan for Pennsylvania data centers creating 1,250 new jobs

Investment builds on Amazon's ongoing commitment to expanding its AI capabilities nationwide 

Hyundai, Trump announce $21 billion investment in U.S. manufacturing by 2028

Hyundai Steel will construct a steel mill in the state of Louisiana, capable of producing 2.7 million tons of steel annually

U.S. Tesla sales dip as overall EV sales grow 10.5 percent in February

Tesla’s overall sales were down by 10.0 percent, driven by declines in the Cybertruck, Model 3 and Model Y

U.S. job cuts surge 245 percent in February, fueled by Musk and Trump’s workforce reductions

U.S. employers announced 172,017 layoffs in February, up 245 percent from January’s figures

China aims for 5 percent growth in 2025 amid challenges from Trump tariffs

The government plans to issue $179 billion in special treasury bonds this year to finance its stimulus effort

U.S. consumer prices rise 0.5 percent in January, annual rate grows 3 percent

In the 12 months through January, core U.S. consumer prices rose 3.3 percent after gaining 3.2 percent in December

U.S. adds 143,000 jobs in January as unemployment rate slips to 4 percent

November and December payrolls were revised up by 100,000 due to routine annual adjustments