US economy News

JPMorgan CEO Jamie Dimon Advocates for Tariffs as a Tool for National Security

JPMorgan Chase & Co CEO Jamie Dimon discusses the role of tariffs in national security, the impact of a strong dollar on the economy, and critiques the US bureaucracy, advocating f...

JPMorgan Chase Reports a Stellar 10% Revenue Growth to $43.7 Billion in Q4 2024

JPMorgan Chase & Co. reported a 10% increase in Q4 revenue to $43.7 billion, exceeding expectations. The annual revenue rose by 11% to $180.6 billion, with net income up 18% to $58...

Janet Yellen Praises Biden's Economic Policies for Steering the US Economy on a Strong Path

US Treasury Secretary Janet Yellen praises President Biden's economic policies for setting the US economy on a strong path, highlighting the American Rescue Plan's role in mitigati...

Drastic 99% Drop in Foreign Portfolio Investment to India in 2024

In 2024, India experienced a 99% drop in Foreign Portfolio Investment (FPI) inflows, from Rs 1.71 lakh crore in 2023 to Rs 2,026 crores. This decline is attributed to the strong US...

Dow Jones Surges Over 300 Points in Premarket Trading Amid Fed Rate Cut Optimism

Dow Jones Industrial Average surges over 300 points in premarket trading following Federal Reserve's 25 basis point rate cut, with Nasdaq 100 and S&P 500 also gaining. Fed Chair Po...

Jerome Powell Leaves Door Open for Potential Rate Hikes in 2024

Federal Reserve Chair Jerome Powell did not rule out the possibility of rate hikes in 2024, stating that while unlikely, it remains a possibility given current inflation trends.

Jerome Powell's Optimistic Outlook on US Economy for 2025

Federal Reserve Chair Jerome Powell expressed optimism about the US economy for 2025, citing a successful avoidance of recession and a strong policy stance. He also noted geopoliti...

Optimistic Economic Outlook: Stable Job Market and Inflation Progress

Federal Reserve Bank of Chicago President Austan Goolsbee provided an optimistic outlook on the US economy, emphasizing the cooling labor market and progress towards the 2% inflati...

Sensex and Nifty Rally for Second Day Amid Global Market Gains

Benchmark indices Sensex and Nifty advanced for a second consecutive session on Monday, driven by gains in IT, banking, and auto stocks. The 30-share BSE benchmark rose by 415.49 p...

Fed's Williams: Gradual Policy Adjustments Ahead Amid Economic Stability

Federal Reserve Bank of New York President John C. Williams described the US economy as nearing equilibrium in a speech, emphasizing the Fed's commitment to guiding inflation to it...

Fed's Williams: Gradual Policy Adjustments Expected Amid Economic Stability

Federal Reserve Bank of New York President John C. Williams described the US economy as nearing equilibrium in a speech on Monday. He reiterated the Fed's commitment to guiding inf...