May 8, 2025 US Productivity Drops for First Time Since 2022 as Output Falls   US labor productivity fell in the first quarter for the first time in nearly three years as economic output declined, snapping a streak of efficiency gains that have helped temper the inflationary impact from employment costs.   Productivity, or nonfarm

May 7, 2025 United States: Fed to Hold Rates Steady as Pressures Mount   Federal Reserve officials are widely expected to leave interest rates unchanged Wednesday as they await clarity on the Trump administration’s trade policies, a move likely to frustrate the president and anyone else seeking answers about the US central bank’s next move.

May 6, 2025 United States: US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports   The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping tariffs.   The goods and services trade gap grew 14% from the prior month

May 5, 2025 United States: US Stock Rally Cools as Fed Meeting Nears, Tariff Doubts Linger   US stocks fell Monday with the S&P 500 on track to snap its longest winning streak in two decades as mixed messages on trade policy clouded the market outlook.   The S&P 500 fell 0.7% as of 9:33