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US economy

Iranpress: Gold Holds Ground Amid China’s Tariff Retaliation, Rising Recession Fears

Gold Holds Ground Amid China’s Tariff Retaliation, Rising Recession Fears

Saturday, 05 April 2025 09:48

Gold prices are attempting to regain strength following a sharp drop earlier in the week, as markets react to China’s 34% tariff on all U.S. goods, escalating global trade tensions.

Iranpress: Following Trump

Following Trump's Tariff Announcement: Dow drops 1,500 , S&P 500 points

Thursday, 03 April 2025 20:19

Stock market faced a massive selloff as Trump-imposed tariffs sparked widespread uncertainty, leading to a 1,500-point drop in the Dow and significant plunges in the S&P 500 and Nasdaq.

Iranpress: Majority of Americans Disapprove of Trump

Majority of Americans Disapprove of Trump's Economic Policies, CNN Poll Finds

Friday, 14 March 2025 19:37

A recent CNN poll reveals that 72% of Americans describe the country's economic situation as "bad," with a majority believing that President Donald Trump's policies have worsened conditions.

Iranpress: World Newspapers: E.U. , Canada Slap Retaliatory Tariffs Onto U.S. Goods

World Newspapers: E.U. , Canada Slap Retaliatory Tariffs Onto U.S. Goods

Thursday, 13 March 2025 21:23

Major trade partners swiftly hit back at U.S. President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S goods including products from textiles and water heaters to beef and bourbon. 206

Iranpress: Americans Worry About Trump’s Economic Policies

Americans Worry About Trump’s Economic Policies

Wednesday, 26 February 2025 18:24

A recent survey in the United States reveals that concerns over Donald Trump's economic policies have significantly decreased consumer willingness to spend.

Iranpress: World Newspapers: U.S. Economy May Pay Price Under Tariffs

World Newspapers: U.S. Economy May Pay Price Under Tariffs

Tuesday, 04 February 2025 21:22

President Donald Trump is on the verge of hitting America’s three biggest trading partners with sweeping tariffs, a far more aggressive use of his favorite economic weapon than anything he did during his first term. This is while the European Union is pushing for early negotiations with the U.S. to prevent potential tariffs from the Trump administration, as officials warn of economic disruptions on both sides of the Atlantic.206

Iranpress: World Newspapers: Fed Goes Big with Half-Point Rate Cut

World Newspapers: Fed Goes Big with Half-Point Rate Cut

Thursday, 19 September 2024 21:22

The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The Federal Reserve reduced the target for its key lending rate by 0.5 percentage points, to the range of 4.75%-5%. 206

Iranpress: World Newspapers: Powell Tees Up Rate Cuts

World Newspapers: Powell Tees Up Rate Cuts

Saturday, 24 August 2024 21:23

After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve, Jerome H. Powell, all but promised Friday to start lowering rates next month — with fingers crossed that it’s not too late to avoid a recession.206

Iranpress: World Newspapers: Harris Lays Out Economic Vision for Middle Class

World Newspapers: Harris Lays Out Economic Vision for Middle Class

Saturday, 17 August 2024 21:33

In her first major policy speech, the vice president argued that her Republican opponent was too focused on the past, painting herself as someone who would protect the middle class for generations.206

Iranpress: World newspapers: Bankers feel sting as their bonuses fall again

World newspapers: Bankers feel sting as their bonuses fall again

Monday, 29 January 2024 21:32

This bonus season is shaping up to be another underwhelming one for bankers on Wall Street as lackluster deal activity pushes down the closely watched annual payouts.

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