US economy Archives

Data show Trump trade war failed to cut US China trade gap

kuwait-live.comJanuary 17, 2026January 17, 2026

January 17, 2026January 17, 2026

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside...

News

Trump pressures Fed to cut rates amid tariff fallout

kuwait-live.comApril 24, 2025April 24, 2025

April 24, 2025April 24, 2025

U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for...

US inflation persists as Trump’s tariff threats add economic concerns

kuwait-live.comJanuary 31, 2025January 31, 2025

January 31, 2025January 31, 2025

Inflation in the United States remained persistent in December, with a key gauge monitored by the Federal Reserve rising 2.6% year-over-year, up from 2.4% in...

Magnificent Seven tech giants dominate market in historic rise

kuwait-live.comJanuary 20, 2025January 20, 2025

January 20, 2025January 20, 2025

As President-elect Donald Trump prepares to begin his second term, the U.S. stock market is entering a unique and unprecedented phase, defined by historic gains...

Business

Fed slashes rates by 50 basis points as inflation cools

kuwait-live.comSeptember 18, 2024September 18, 2024

September 18, 2024September 18, 2024

MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the...

Business

Fed faces tough decision on rate cuts amid inflation concerns

kuwait-live.comSeptember 13, 2024September 13, 2024

September 13, 2024September 13, 2024

MENA Newswire News Desk: The Federal Reserve is approaching a critical decision on whether to cut U.S. interest rates by a quarter or half a...

Business

European and Asian stocks slide as US jobs data looms

kuwait-live.comSeptember 6, 2024September 6, 2024

September 6, 2024September 6, 2024

MENA Newswire News Desk: European and Asian stock markets slid on Friday as investors awaited the release of key U.S. jobs data that could significantly...

Business

Nvidia stock drops nearly 10% as global markets slide

kuwait-live.comSeptember 4, 2024September 4, 2024

September 4, 2024September 4, 2024

UK and global markets suffered sharp declines on Wednesday as concerns about the health of the global economy weighed on investor sentiment. The FTSE 100,...

Business

US national debt skyrockets to record $34.4 trillion

kuwait-live.comMarch 2, 2024March 2, 2024

March 2, 2024March 2, 2024

The United States is grappling with an unprecedented surge in its national debt, which has reached a staggering $34.4 trillion as of Wednesday. This figure...

Business

US stock futures dip as bond yields climb, rate-cut hopes diminish

kuwait-live.comJanuary 3, 2024January 3, 2024

January 3, 2024January 3, 2024

The latest developments in the US financial markets indicate a shift in investor sentiment as US stock futures witnessed a downturn on Wednesday. This trend...