Tag: US economy

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Oil Prices Rise on Easing Inflation Signs in the US – Brent Crude Hits $86

Oil prices rise as US inflation eases - Brent Crude hits $86. Signs of demand recovery and economic weakness influence market sentiment. Will Fed cut rates?

JPMorgan Chase Reports Record Annual Profit; Forecasts Higher Interest Income for 2024, US

JPMorgan Chase reports record annual profit and expects higher interest income in 2024. Despite a decline in quarterly earnings, the bank remains optimistic about the US economy.

Fed Chairman Powell Incentivized to Support Biden in Crucial Election, US

Federal Reserve Chairman Jerome Powell is expected to support President Joe Biden or any other Democratic candidate in the upcoming 2024 election, according to conservative commentator Peter Schiff. The chair's alignment with the President, regardless of party, is seen as crucial for securing their position. This relationship between the Fed and the President could have a significant impact on the financial landscape.

US Consumers Benefit from Flat Inflation and Rising Wages

US consumers benefit from flat inflation and rising wages, contributing to increased spending power and driving the US economy.

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Walmart’s CEO, Bill Simon, Highlights Inflation’s Significant Impact on Households Amidst the Looming Global Recession

Former Walmart CEO warns that inflation will impact American households more than the looming recession. Job market remains strong.

SEC’s Regulatory Approach Threatens US Economy as Crypto Firms Face Exile

SEC's regulatory approach risk driving blockchain and crypto firms out of US. CEO warns of negative impact on economy. Find out more.

Twelve Killed in Rajasthan’s Tonk as Heavy Rain and Thunderstorm Strike State

A severe thunderstorm coupled with heavy rainfall in Rajasthan's Tonk district has caused immense destruction, leaving behind 12 casualties and many injuries. US Treasury Secretary Janet Yellen has extended debt default deadline to June 5 due to the events. Relief materials are being provided to the affected people, and medical assistance is also being provided. it is essential for the authorities and relief teams to accurately assess the situation and offer required aid.

Sensex climbs to 65K with analysts voicing concerns over stretched valuations

The BSE Sensex hits record high at 65,000 thanks to Reliance Industries' strong performance. Find out what's driving the Indian market rally!

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