The latest data from the Fed shows that the US economy is experiencing increasingly deep wealth stratification, with the majority of wealth concentrated in the hands of the richest.
The Petrodollar system forced countries to stockpile USD to trade oil, helping the US maintain its role as a global financial center.
Dr. Bui Ngoc Son argues that war often creates opportunities for the US economy to accelerate and consolidate its global financial position.
According to Dr. Bui Ngoc Son, the politicization of the FED is pushing the US economy into a recession and causing the USD's position as the "world's reserve currency" to completely collapse.
Federal Reserve Chairman Jerome Powell is under criminal investigation in connection with renovations to the Fed's headquarters in Washington, D.C.
The US government shut down on October 1st after Congress reached a deadlock and failed to agree on a budget.
For the past century, despite crises and the rise of major rivals, the United States has steadfastly maintained its position as the number one economy.
Prices in the US continue to rise as President Donald Trump's international tariff policies begin to impact the country's economy.
The US dollar index – a measure of the dollar's strength against six other major currencies such as the British pound, the euro, and the Japanese yen – fell 10,8% in the first half of 2025.
President Donald Trump's tariff policies and retaliatory measures from America's trading partners could deal a severe blow to the economy.
The US national debt has reached an "alarming milestone," setting a new record at $36 trillion.
Many American voters who previously voted for President Joe Biden have indicated they will switch their support to Republican candidate Donald Trump in the hope that the economy will improve.
According to Reuters, major Wall Street indices fell sharply as the market opened on Monday morning, August 5 (local time), amid concerns that the US economy was heading for a recession.
The Vietnamese Ministry of Foreign Affairs expressed disappointment that the United States has yet to recognize Vietnam as a market economy, despite the positive developments in the Vietnamese economy.
If Donald Trump wins this year's election, the world will undoubtedly experience many changes, especially in the economic sphere.
Senior Chinese economic officials, during meetings with their US counterparts, expressed concerns about tariffs, investment restrictions, and sanctions against mainland companies.
Experts suggest that China needs to promote domestic innovation and open up more widely as a way to counter the restrictive and containment policies of the United States.
The US Federal Reserve has signaled that its interest rate hike campaign is over and plans to implement a series of rate cuts in 2024.
Despite a significant drop in inflation and consistently low unemployment rates, most Americans have a pessimistic view of the economy.
The Ministry of Foreign Affairs affirmed that "Vietnam does not manipulate its currency," and the US report also offered positive comments on Vietnam's monetary policy management.
The US has to spend a considerable amount of money each month to cover the operating and maintenance costs of the superyachts seized from Russian billionaires.
A US government shutdown after September 30 seems inevitable, unless the Speaker of the House can persuade the right wing to allow the passage of temporary funding measures.
On June 21, the U.S. House of Representatives voted to ratify the first trade agreement signed under the “U.S.-Taiwan Initiative for 21st Century Trade.”
American leaders compromised after deep disagreements over government spending and support for low-income earners as part of an agreement to raise the debt ceiling.
Following a warning from the U.S. Treasury Department, President Biden announced he would summon four top congressional officials to the White House.
According to newly released data, the US economy grew by only 1,1% in the first three months of the year, lower than the previously projected 2%.
Silicon Valley Bank's dominant position as a leading lender means it faces a double impact from rising interest rates that few other banks encounter.
On March 10, Silicon Valley Bank (SVB) was shut down after customers withdrew up to $42 billion, causing the bank to become insolvent.
The US Federal Reserve (FED) believes that stronger measures are needed to control inflation in the US, and raising interest rates is one option.
As the world faced a series of challenges in 2022, the global economic outlook remains highly uncertain in 2023.
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