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US Federal Reserve’s inflation measure hits nearly 40-year high

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US inflation leaps 5.8% in 2021, hits 40-year high The US sees a surge in inflation at its fastest pace in nearly 40 years last...

US economy regains speed: GDP grows 6.9% in fourth-quarter

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US economy grew at a much better-than-expected pace to end 2021 The Commerce Department reported that the gross domestic product (GDP) of the US accelerated...

US trade deficit soars to near-record $80.2 bn amid a surge...

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On the sidelines of pandemic, the US sees a trade deficit The US trade deficit widened sharply to $80.2 billion in November 2021 as imports...

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