US economy

US economic growth surges in 3rd quarter, highest rate in two years

US consumers spent big this holiday season, despite persistent inflation and rising unemployment.

Long lines at the food pantry: Inflation tests Trump’s base in Michigan

A mobile pop-up food pantry at Mussey Fire Hall in Capac, Michigan, on Dec 9.

‘I inherited a mess, and I’m fixing it’: Trump vows economic boom, blames Biden in address to nation

US President Donald Trump addresses the nation from the Diplomatic Reception Room of the White House in Washington on Dec 17.

Trump to vow ‘stronger’ US in TV address as economic worries mount

US President Donald Trump is also expected to tease his policies for 2026 in his speech.

While You Were Sleeping: 5 stories you might have missed, Dec 17, 2025

White House Chief of Staff Susie Wiles (left) swiftly dismissed the Vanity Fair article as a “hit piece”.

Trump’s approval rating slips to 39%, economy weighs, Reuters/Ipsos poll finds

Mr Trump's lowest rating was 38 per cent in mid-November.

Trump administration launches campaign to hire 1,000 engineers for AI, tech roles

US President Donald Trump's administration is looking to hire employees with expertise in software engineering, AI, cybersecurity and data analytics.

Divided US Fed makes third rate cut in 2025, sees just one reduction in 2026

US Federal Reserve chairman Jerome Powell delivering a press briefing after the US Federal Reserve cut interest rates on Dec 10.

Trump defends economic record at Pennsylvania rally amid frustration over rising prices

US President Donald Trump took credit for bringing down petrol and energy costs and the price of eggs.

Fed sees widening gap between rich and poor households; JPMorgan expects December rate cut

Fed policymakers have been divided over whether to hold or lower interest rates at their next meeting in December.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.