Iraq Bulletin

Tag : US economy

Business

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

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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 the United States while leaving the core U.S. goods trade deficit with China largely intact. The tariff program began in 2018 under a federal trade......
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Apple to spend $500B in US over four years, boosting AI and jobs

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Apple is investing $500B in the US over four years, expanding AI, silicon engineering, and manufacturing, including a new factory in Texas and 20,000 new jobs nationwide....
Business

Fed faces tough choices as egg prices soar amid shortages

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Egg prices have surged 53% in a year, fueling inflation fears and complicating the Fed’s strategy as consumers react to the sharp increase amid an ongoing avian flu outbreak....
Business

Gold continues upward climb, scaling one-year high racing past $2,000 an ounce

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Gold prices have surged past $2,000 an ounce, scaling one-year highs, as the US dollar and yields weakened. This follows weaker-than-expected US economic data, which reinforces bets for a slowdown in the pace of interest rate hikes despite growing concerns over inflationary pressure caused by rising oil prices. The price......