US

US welcomes interim govt’s election plan

The US yesterday welcomed plans by Bangladesh's interim leader to hold elections next year or in early 2026

Of Gulliver’s travels in America: A satire on the paradox of democracy

Gulliver observes government shutdowns—crises born of political posturing rather than necessity.

Shadow of US prosecutor’s bribery charge on Adani?

It remains to be seen how the political impact of the US prosecutors’ charges against the Adani group plays out.

US Fed Chair sees 'further disinflation' in economy

The rate-cut lowers the cost of borrowing for consumers and businesses, bringing some relief to households weeks before November's presidential election -- even as the Fed works independently of the US administration

US to propose ban on Chinese software, hardware in connected vehicles, sources say

The US Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two sources told Reuters

As Fed cuts loom, health of US economy could determine markets' path

How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle could depend on one factor more than most: the health of the US economy.

US to help Bangladesh diversify exports

The US has assured Bangladesh of support in diversifying export products and exploring new markets to boost bilateral trade between the two countries

US Fed expected to announce its first interest rate cut since 2020

The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election.

US moves to curb 'trade loophole' over China worries

The US government said Friday it will work to curb the "overuse and abuse" of a mechanism allowing lower-value imports to enter the country duty-free, as concerns grow over Chinese shipments

September 7, 2024
September 7, 2024

US Fed official says expects series of rate cuts

With inflation easing and the labor market cooling, it will likely be appropriate for the US Federal Reserve to make a series of interest rate cuts in the coming months, a senior official said Friday

September 5, 2024
September 5, 2024

US job openings hit 3-1/2-year low as labor market eases

US job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the reduction on its own is probably not enough to warrant a half-percentage-point interest rate cut by the Federal Reserve this month

September 4, 2024
September 4, 2024

Trade War II will be easy to lose for China

“Trade wars are good, and easy to win,” Donald Trump tweeted in March of 2018 when he was US president, just months before kicking off in earnest one of the largest trade conflicts in modern history.

September 4, 2024
September 4, 2024

US manufacturing mired in weakness; construction spending falls

US manufacturing contracted at a moderate pace in August amid some improvement in employment, but a further decline in new orders and rise in inventory suggested factory activity could remain subdued for a while

August 14, 2024
August 14, 2024

US Department of Justice considering breaking up Google: report

The US Department of Justice is exploring the possibility of breaking up Alphabet's Google, as per a recent report by Bloomberg News. This move comes just a week after a judge determined that the company had unlawfully monopolised the online search market.

July 12, 2024
July 12, 2024

Doomed to fail: Unaccountability in Ukraine’s plight

This ever-increasing Ukrainian death toll is painting a grimmer picture of the country as its military is being bled to white by Russia.

July 3, 2024
July 3, 2024

'Despicable Me 4' releases in Bangladesh today, alongside its global premiere

“Despicable Me 4” is set to hit the theatres across the globe today, July 3, including the United States. There is good news for fans in Bangladesh — the film will also debut at Star Cineplex on the same day. 

June 21, 2024
June 21, 2024

What I've learnt from Noam Chomsky

I once asked Noam Chomsky how he manages to remember so many facts and figures.

June 16, 2024
June 16, 2024

Death of Bangladeshi youths in the US: When violence hits home

The police killings of Win Rozario and Sayed Faisal, Bangladeshi American youth, have put the role of law enforcers under great scrutiny.

June 11, 2024
June 11, 2024

Price cuts will lift US vibes only so much

Since 2019, the 25 percent of American workers with the lowest wages have been paid 5.4 percent more a year on average, compared with 3.8 percent raises for the country’s top 25 percent of earners