Federal Reserve Chairman Jerome Powell testified before Congress last week on the state of the US…
Tag: american economy
Joe Biden warns of “catastrophic” consequences on the economy if the US defaults
The two sides remain at a standoff despite weeks of warnings. Washington: President Joe Biden’s administration…
This is what Warren Buffett had to say about Apple at the annual meeting
Billionaire Warren Buffett founded Berkshire Hathaway Inc. in Omaha, Nebraska. ‘Apple is better than any of…
What experts say about US Fed rate hike
America federal Reserve Interest rates were raised by a quarter percentage point on Wednesday to ease…
Top US official warns it may run out of cash to pay its bills by June 1
The world is heading towards a big economic crisis as the United States of America is…
Demand for beer and handbags has helped ease fears of a US recession, for now
The US economy posted a slower than expected 1.1% growth in the first quarter. (Representative) Increased…
US GDP expanded 1.1% in the first quarter
While the economy was not in recession last quarter, the outlook remains grim. file | Photo…
Fed officials on track to raise rates and signal possible pause
Policy makers at the aggressive and pacifist ends of the spectrum insist that inflation is still…
Wall Street stocks close lower as Tesla, regional banks report lower earnings
Last Update: April 21, 2023, 04:38 IST The tech-heavy Nasdaq Composite Index fell 0.8 percent to…
JP Morgan beats Wall Street estimates, lender’s shares jump 6%
With higher interest income offsetting weakness in dealmaking, JPMorgan Chase & Co said on April 14…