United States: U.S. Growth of 3.2% Tops Forecasts on Trade, Inventory Boost U.S. economic growth accelerated by more than expected in the first quarter on a big boost from inventories and trade that offset a slowdown in consumer spending, bolstering hopes that growth is stabilizing after its recent soft patch. Gross domestic product expanded at

United States: U.S. and Japan Starting Next Round of Accelerated Trade Talks U.S. and Japanese negotiators will begin a second round of trade talks in Washington on Thursday as they aim to secure a speedy deal focused on agriculture and vehicles. Japanese Economy Minister Toshimitsu Motegi will hold talks with U.S. Trade Representative Robert Lighthizer,

United States: Trump’s Top Economist Sees Trade Wars Like Battle Against Scurvy Donald Trump’s top economist has a new analogy for those bemoaning the impacts of the administration’s trade wars: Just think of the U.S. economy as an 18th century warship battling a scurvy outbreak and Trump’s tariffs and other trade weapons as the bitter

United States: Trump’s Top Economist Sees Trade Wars Like Battle Against Scurvy Donald Trump’s top economist has a new analogy for those bemoaning the impacts of the administration’s trade wars: Just think of the U.S. economy as an 18th century warship battling a scurvy outbreak and Trump’s tariffs and other trade weapons as the bitter

United States: Global Trade Talks Consume Plans of Four Biggest Growth Engines Diplomatic efforts to end a global trade war are expanding to multiple fronts as the European Union and Japan begin talks soon with President Donald Trump’s administration just as the U.S. looks to seal a deal with China. As negotiations between Beijing and

United States: The Fed Takes a Second Look at Its Good-News Story on American Jobs It began as an inquest into what went wrong. Now the Federal Reserve’s policy rethink may be widening to include the part the central bank thought it had gotten right. Inflation keeps falling short of the Fed’s target, and that

United States: JPMorgan Gets One More Boost Off Rate Hikes Before Fed Pause The Fed may have stopped raising borrowing costs for now, but the biggest U.S. bank is still reaping benefits from higher interest rates. JPMorgan Chase & Co. said net interest income -- revenue from customers’ loan payments minus what the bank pays

United States: Fed Signals a Year of Patience Is Ahead With a Grab Bag of Growth Risks Federal Reserve officials signaled on Wednesday they’re prepared to move interest rates higher or lower as needed, but an unusual mix of risks means they could remain on hold all year. Despite an economy that is forecast to

United States: Fed Is Likely Unswayed by Clamor for Rate Cuts: Minutes Preview As financial markets and the Trump administration clamor for lower interest rates in the face of a slowing economy, the Federal Reserve is refusing to see any rush. Analysts will be seeking clues to the limits of that patience on Wednesday, when