Andrea Ricci

1 day ago | gurutrade.com | Andrea Shalal |Dave Lawder |Andrea Ricci

IMF sees global growth of 2.8% in 2025, down from 3.3% in January forecast IMF chief economist says new era ushered in by trade reset Escalating trade tensions could further dampen growth Click here for a table of the IMF's economic projections for 2025 and 2026 with comparisons to prior WEO forecasts WASHINGTON, (Reuters) - The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the impact of U.S. tariffs now at 100-year...

1 week ago | gurutrade.com | Lucia Mutikani |Chizu Nomiyama |Andrea Ricci

Weekly jobless claims drop 9,000 to 215,000 Continuing claims increase 41,000 to 1.885 million Claims decline during April payrolls survey week Single-family housing starts tumble 14.2% in March Permits for future single-family homebuilding fall 2.0% WASHINGTON, April 17 (Reuters) - The number of Americans filing new applications for unemployment benefits fell to a two-month low last week, suggesting labor market conditions remained stable in April, though uncertainty around tariffs is making...

1 week ago | today.westlaw.com | Gursimran Kaur |Chizu Nomiyama |Andrea Ricci

(Reuters) -U.S. President Donald Trump on Thursday launched a series of attacks against Federal Reserve Chair Jerome Powell, accusing the central bank chief of "playing politics" by not cutting interest rates, asserting he had the power to evict...

1 week ago | today.westlaw.com | Chizu Nomiyama |Andrea Ricci |Lucia Mutikani

WASHINGTON (Reuters) -U.S. retail sales increased by the most in more than two years in March as households stepped up purchases of motor vehicles and a range of other goods to avoid higher prices from tariffs, likely barely keeping the economy...

1 week ago | gurutrade.com | Lucia Mutikani |Chizu Nomiyama |Andrea Ricci

Import prices decrease 0.1% in March; up 0.9% year-on-year Prices for imports from China fall 0.2%; down 0.9% year-on-year WASHINGTON, April 15 (Reuters) - U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication that inflation was subsiding before President Donald Trump's sweeping tariffs came into effect. The report from the Labor Department on Tuesday added to March's benign consumer and producer prices data.