US News
LAST UPDATE: September 6, 2025
Hiring Stalled in August, With 22,000 New Jobs
The U.S. economy added only 22,000 jobs in August, marking a sharp slowdown in employment growth.
Insight
Weak job creation increases pressure on the Fed to deliver stronger monetary easing to counter slowing momentum.
White House expects Fed to weigh larger rate cut after disappointing jobs data
Following weaker-than-expected job growth, the White House expects the Fed to consider a rate cut larger than 25 basis points.
Insight
The anticipation highlights political and market pressure for aggressive easing to sustain economic recovery.
Trump’s Tariffs Leave US Business Tied Up in Costly Red Tape
Trump’s tariff policies have entangled U.S. businesses in bureaucratic complexity, contrary to his promise of deregulation.
Insight
The irony of stricter trade rules leading to more red tape highlights risks of protectionism that can stifle business.
Lutnick says big trade deals to stay despite ongoing legal battle
Commerce Secretary Lutnick affirmed that major trade agreements, including those involving autos, pharma, and semiconductors, will remain despite legal challenges.
Insight
Emphasizing continuity offers reassurance to markets and trade partners amid legal uncertainty surrounding tariffs.
Lutnick says Trump has ‘complete discretion’ over Japanese investment funds
Lutnick stated that President Trump holds full authority over $550 billion in Japanese investment for reduced tariffs.
Insight
This concentrated discretion underscores Trump’s leverage in trade negotiations but raises questions about accountability.
Bessent Urges Independent Fed Review, Criticizes Excess Stimulus
Treasury Secretary Scott Bessent urged a major review of the Fed, criticizing its overreach and questioning its independence.
Insight
Part of broader Trump-era efforts to contort Fed policy and oversight, potentially weakening its institutional independence.
Fed’s Goolsbee says he’s undecided on Sept rate cut, defends Fed independence
Chicago Fed President Austan Goolsbee said he remains undecided on a September rate cut and firmly defended Fed’s autonomy.
Insight
His stance highlights careful deliberation amid political pressure and underscores commitment to central bank independence.
