Tag: US economy

Trump Calls US an ‘Economic Miracle,’ Defends Tariff Policies

World
Donald Trump touts his economic record to CEOs, defends tariffs, and previews his 2024 agenda ahead of the first presidential debate.

Trump Names Kevin Warsh as Fed Chair Pick to Replace Jerome Powell

World
Donald Trump selects former Fed governor Kevin Warsh to lead the Federal Reserve if re-elected, signaling a major policy shift. Learn about Warsh's background and views.

Fed Holds Rates, Rules Out Hike But Delays Cuts Over Inflation

World
US Federal Reserve keeps interest rates steady, signals no imminent hike but pushes back rate cut timeline as inflation progress stalls. Key insights from Powell.

S&P 500 Tops 7,000 for First Time as AI Fuels Tech Rally

Stocks
Wall Street hits a new milestone with the S&P 500 crossing 7,000. Discover how AI optimism and strong tech stocks drove the record rally.

Fact Check: Trump’s CPAC Claims on NATO, Greenland, China, Economy

World
We verify Donald Trump's recent statements on NATO spending, buying Greenland, China tariffs, and $18 trillion in wealth. Here's what's true, false, and misleading.

Trump at Davos Summit: Criticises NATO, Eyes Greenland Purchase

World
US President Donald Trump's key Davos address highlights: NATO criticism, Greenland interest, and openness to a Taliban deal in Afghanistan.

Michael Bloomberg Warns White House Fed Attacks Are Dangerous Overreach

World
Billionaire Michael Bloomberg says White House criticism of the Federal Reserve threatens economic stability, could trigger recession, and must stop.

JPMorgan, Citi See Resilient US Consumer Despite High Rates

Business
Top US banks report strong consumer spending and manageable credit stress, offering a contrasting view to retailer warnings about affordability pressures.

Kevin O’Leary Warns US Power Grid Can’t Support AI, Lags Behind China

World
Billionaire investor Kevin O'Leary says US built 'zero' new power capacity vs China's 500 GW, threatening AI growth. He also criticises Fed policy and tariffs.

Trump’s 10% Credit Card Rate Cap: Savings vs. Access Debate

World
Analyzing the potential impact of Trump's proposed 10% credit card interest cap: $100B in consumer savings vs. risks to credit access for millions.

Consumer Confidence Plunges to 7-Month Low Amid Economic Worries

World
US consumer confidence fell sharply in November, missing forecasts as inflation concerns and political uncertainty weighed on American households.

Jamie Dimon Warns US Heading Toward European Economic Decline

World
JPMorgan CEO warns anti-business policies could push America toward European-style economic stagnation unless cities reverse course on regulations and taxes.