US economy

Explainer: What are the US Fed’s bank ‘stress tests’ and what’s new in 2026?

Under the “stress test” exercise, the Fed tests big banks’ balance sheets against a hypothetical scenario of a severe economic downturn.

AI has granted America vast new powers

The American government can decide who may use the world’s most important technology.

US dollar rally builds as hawkish Fed meeting stokes rate-hike bets

The message from the Fed provided a renewed boost to the dollar, which had benefitted from its status as a haven when the Iran war sent oil prices surging.

US jobless claims edge down in sign of job market resilience

The figures suggest the labour market continues to be resilient despite the energy-price shock brought about by the Iran war.

Strong US retail sales underscore economy’s resilience despite Iran war

Receipts at petrol stations advanced 3.4 per cent, helping lift the headline figure as pump prices climbed in May due to the Iran war.

American AI dominance is going to create new issues for sovereignty

If we end up with economy-permeating AI models that are made and regulated in America, the US government will control the on-off switch.

Trump’s approval ticks up to 36% as price angst eases, Reuters/Ipsos poll finds

Signs during a rally against the Iran conflict, outside the US Capitol in Washington DC, on May 20, 2026.

US wholesale prices jump 6.5%, highest since late 2022

The United States has been battling stubbornly high inflation since the Covid-19 pandemic, with President Donald Trump’s signature tariffs and the US-Israel war on Iran piling pressure on prices.

‘I love the inflation’: Trump comment on latest price jump sparks backlash

Traders working on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City. Stocks were significantly down at the closing of the market.

Surging US consumer inflation hits three-year high in key challenge for Trump

The US consumer price index rose 4.2 per cent year on year, up from April’s 3.8 per cent figure.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.