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China Cuts New US Tariffs On Coronavirus Escalation Concerns

China Cuts New US Tariffs On Coronavirus Escalation Concerns

Late in the week, China announced it will likely have to cut in half on the additional—new–tariffs on $75 billion worth of US imports as the two biggest economies on the planet continue to retreat from a years-long trade... 
Small Gains In US Consumer Price Index Slow Underlying Inflation is Weak

Small Gains In US Consumer Price Index Slow Underlying Inflation is Weak

The United States Consumer Price Index rose a little in December, even as households scrambled to pay more for health care and underlying inflation slowed down a bit.  Economists are saying this shift more concretely... 
Initial Job Claims Fall in US, Boasting Strong Labor Market

Initial Job Claims Fall in US, Boasting Strong Labor Market

Unemployment benefit applications in the United States fell last week, signaling continued strength in a labor market that has had a bit of a rough go the past few years.  According to the United States Department of... 
US Consumer Prices Jump More Than Expected in November

US Consumer Prices Jump More Than Expected in November

Consumer prices in the United States rose by a higher margin than expected, last month, which might support the Federal Reserve’s decision not to cut interest rates again. So far, this year, the central bank has reduced... 
Inventory Drop Boosts Oil Prices

Inventory Drop Boosts Oil Prices

Towards the end of the week, Brent oil rose in spite of rising pressure regarding economic growth concerns while US inventories fell sharply to boost West Texas Intermediate (WTI) crude futures at the same time. Indeed, the international...