Jerry Lin

Jerry Lin

The Latest

  • U.S. Wholesale Prices Flat in February, Easing Inflation Concerns Amid Tariff Tensions
    US Wholesale Inflation Rises in June, Challenging Fed's Rate Cut Plans
    Producer prices in the United States remained flat in February, offering some relief to inflation concerns just as President Donald Trump's administration moves forward with controversial tariffs on steel and aluminum imports.
  • U.S. Inflation Slows to 2.8% in February
    US Inflation Falls to Three-Year Low as Gas Prices and Vehicle Costs Drop
    The U.S. inflation rate cooled more than expected in February, rising 2.8% on an annual basis as consumer price increases showed signs of moderating, according to the Bureau of Labor Statistics. The consumer price index (CPI) increased 0.2% for the month, following a 0.5% rise in January. Core CPI, which excludes volatile food and energy costs, also rose 0.2% on the month and was up 3.1% from a year ago.
  • Trump Imposes 25% Steel and Aluminum Tariffs as EU Retaliates With $28 Billion Countermeasures
    Donald Trump
    President Donald Trump imposed sweeping 25% tariffs on steel and aluminum imports Wednesday, a move aimed at boosting U.S. manufacturing but one that has already drawn sharp retaliation from the European Union. The tariffs, which apply to all foreign producers, mark the administration's first broad-based tariff policy in Trump's second term, reversing exemptions granted to allies under his predecessor, Joe Biden.
  • U.S. Job Openings Rise to 7.74 Million, Defying Early Recession Fears
    Jobs
    U.S. job openings rose to 7.74 million in January, a modest increase from December's revised figure of 7.51 million, signaling short-term labor market stability despite looming uncertainty over federal layoffs and economic slowdown fears sparked by the Trump administration's fiscal policies.
  • U.S. Tariff Chaos Stokes Recession Fears Across North America, Economists Warn
    US LPG Exports
    The risk of recession in the United States, Canada, and Mexico is growing as U.S. trade policy remains in flux, according to a survey of economists conducted this week. The Trump administration's abrupt implementation and subsequent suspension of 25% tariffs on imports from its North American neighbors have created widespread uncertainty, leaving businesses and financial markets struggling to predict the economic outlook.
  • Job Growth Slows to 151,000 in February, Unemployment Rises to 4.1%
    Job losses to remain high due to slow vaccines
    The U.S. economy added 151,000 jobs in February, falling short of economists' expectations as the unemployment rate edged up to 4.1%, according to data released Friday by the Bureau of Labor Statistics. The job gains were higher than January's revised figure of 125,000 but below the 170,000 projected by analysts.
  • Wall Street Rebounds as Jobs Report Fuels Rate Cut Bets as Global Markets Struggle
    US Stock Market
    U.S. stock futures rose on Friday as a weaker-than-expected jobs report strengthened investor expectations that the Federal Reserve will cut interest rates later this year. Futures for the S&P 500 gained 0.3%, while the Dow Jones Industrial Average rose 0.2%. Nasdaq futures climbed 0.4%, rebounding from a sharp selloff earlier in the week that pushed the tech-heavy index into correction territory.
  • ECB Cuts Rates Again Amid Economic Uncertainty and Trump’s Tariff Threats
    ECB
    The European Central Bank (ECB) on Thursday lowered its key interest rates by 25 basis points, marking the second rate cut this year as policymakers navigate economic challenges, including sluggish growth, inflationary concerns, and potential U.S. tariffs under President Donald Trump.
  • U.S. Hiring Slows Sharply as Economic Uncertainty Grows, ADP Reports
    A
    Private sector hiring in the U.S. slowed significantly in February, with employers adding just 77,000 jobs, well below expectations and marking the weakest gain since July, payroll processing firm ADP reported Wednesday. The figure fell far short of the 148,000 estimate by economists and was a sharp decline from January's upwardly revised 186,000 jobs. T
  • Trump Accuses Japan, China of Currency Manipulation, Warns of More Tariffs
    YUAN
    President Donald Trump said Monday that he warned Japan and China against devaluing their currencies, arguing that such moves put American manufacturers at a disadvantage. The remarks, which came as the U.S. imposed new tariffs on Mexico, Canada, and China, added to market uncertainty and drove the Japanese yen higher.
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