US economy

JPMorgan Chase Gives Gloomy Outlook, Says 99% of Americans Will Be Worse off Financially in 2024 Than Pre-Pandemic

JPMorgan Chase Gives Gloomy Outlook, Says 99% of Americans Will Be Worse off Financially in 2024 Than Pre-Pandemic

JPMorgan Chase claims that 99% of Americans have already exhausted the excess savings they accumulated during the COVID-19 pandemic.

Read Full Article
Goldman Sachs Says Global Economic Growth in 2024 Will Exceed Expectations

Goldman Sachs Says Global Economic Growth in 2024 Will Exceed Expectations

Goldman Sachs Research is boldly predicting that the global economy is poised to outperform expectations in 2024, demonstrating resilience in the face of recent challenges.

Read Full Article

Stanley Fischer Pleas For More Fiscal Policy Stimulus

After the victory of the Republican Donald Trump last week, the Vice Chairman of the Federal Reserve Stanley Fischer reiterated on Friday his request for the actual implementation of Trump’s promise during campaign that he will provide an additional fiscal policy stimulus to the US economy.

Read Full Article

US Economy Is Already At Its Record Peak After 2 Years

As economic analysts studies the US economy after 2 years, claims have been made that it has already reached its peak.

Read Full Article

Bookings for US factory goods down 1.7% in February

The demand for the US industrial products declined in February, signalling an additional slowdown in the country's economic growth. Fresh orders for the US industrial products dropped 1.7% in February, compared to an increase of 1.2% in January.

Read Full Article

US labour market gains propelled by robust consumer spending

US labour market is gaining grounds helped by robust consumer spending, despite poor profits among corporate giants. The country added more than 200,000 jobs per month, with an average recruitment totalling to 213,000 new jobs a month in the past four years.

Read Full Article

Energy stocks hurt by oil price slump

Wall Street faced slight losses in the stock market on Monday as the drop in oil price burdened energy stocks. Investors are shying away from these energy stocks owing to the fall in crude prices.

Read Full Article

Asset Manager BlackRock modernizes trading strategies

Investment firm BlackRock has modernized its trading policies with the help of twenty tech skilled members' team. The company is shifting to electronic trading to overcome market challenges.

Read Full Article

Stamp prices expected to fall on April 10

The US Postal Service will cut the price of postage, the first time in nearly hundred years. While, the cost of all commodities are rising, the drop in stamp prices surprises consumers. The cost decrease is anticipated to come live on April 10, 2016.

Read Full Article

Dollar Rate Increases Following Positive Outlook in US Economy After Faltering Against Yen

G-20 summit has been concluded with no major surprising outcome. Lack of strong commitments has helped Yen to gain some value against US dollar. However, on Monday, US dollar has regained some value. The appreciation has been analyzed as an outcome of positive US data which in turn is the consequence of Fed rate hiking.

Read Full Article

Global economic slowdown weakens economic recovery in the US: Indra Nooyi

According to Indra Nooyi, the ongoing global economic slowdown threatens economic recovery in the US. The oil market combined with political turmoil creates an economic pressure in the nation.

Read Full Article

Canada Finance Minister, Bill Morneau, to Disclose Liberal's First Budget

The finance minister of Canada, Bill Morneau, is expected to disclose the principal terms of Liberal's first budget on Monday. Morneau's revised budget figures will highlight the problems facing Canada's economy.

Read Full Article

BHP Billiton chases oil more closely than iron ore

Shares of BHP Billiton, a mining and petroleum firm in Melbourne, started chasing oil prices very closely as they entered into the horrible downturn period in the oil industry. Analysts expect the miner to rally by nearly 50% in the coming months.

Read Full Article

Berkshire to increase holdings in Kinder Morgan

Berkshire Hathaway made a significant investment in the energy firm Kinder Morgan during the final three-month period of 2015. This investment activity highlights Berkshire's increasing bet on the oil sector.

Read Full Article

Japan's GDP shrinks in the fourth quarter

The economy of Japan shrank during the fourth quarter of 2015 as a result of weak export and demand. The shrinking population also added to the economic slowdown.

Read Full Article
1 2 3 4 5

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics