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U.S. Trade Deal Confirmed Amid Steady Job Claims

3/7/2026

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Story summary
  • Maroš Sefcovic, EU Trade Commissioner, said the United States will honor the trade deal signed last year after assurances from American officials.
  • U.S. unemployment claims remained steady at 213,000, signaling labor-market stability despite inflation risks tied to the U.S.-Israeli conflict.
  • Economists expect the Federal Reserve to hold interest rates steady.
  • The United Kingdom construction sector contracted for the fourteenth consecutive month as the Purchasing Managers' Index fell to 44.5.