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U.S. Business News 2018












U.S. June Job Report


July 2018
The U.S. labor department reported on July 6, 2018 that 213,000 new jobs were added to the American economy in June, compared to the preliminary forecast of 195,000 new jobs.
The unemployment rate increased to 4% compared to 3.8% in May.


U.S. Interest Rate Rise


June 2018
The federal bank raised on June 13, 2018 its interest rate by 0.25% to new rates of 1.75%-2%.
Two additional interest rises are expected till the end of 2018.
The rise follows worries about the rising inflation which is now estimated at 3.1% per year.


U.S. May Job Report


June 2018
The U.S. labor department reported on June 1, 2018 that 223,000 new jobs were added to the American economy in May, compared to a preliminary forecast of 190,000 new jobs.
The unemployment rate in May fell to 3.8% the lowest in the last 18 years.


U.S. April Job Report


May 2018
The U.S. labor department reported on May 4, 2018 that 164,000 new jobs were added to the American economy in April 2018, compared to a preliminary forecast of 193,000 new jobs.
The unemployment rate in April fell to 3.9%, the lowest rate since 2000.


U.S. China New Tariffs


March 2018
President Trump signed on March 22, 2018 an executive memo imposing new tariffs of up to $ 60 billion on imports of Chinese products.
The new tariffs to be imposed on 1,300 products in the technology sector are aimed to preventing intellectual property stealing from U.S. companies.






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