(Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The U.S. economic boom is "unbelievable," Dimon said at an Economic Club of New York event on Tuesday. Dimon, who has run the largest U.S. lender for more than 18 years, has cautioned that inflation could be more persistent than expected, keeping interest rates higher for longer.
The increase in public spending in the UK is slowing down economic growth and making the country seem to be operating more like France than the US, says the World Bank's chief economist.
Volt Typhoon hacking campaign is waiting ‘for just the right moment to deal a devastating blow’, says Christopher WrayChinese government-linked hackers have burrowed into US critical infrastructure and are waiting “for just the right moment to deal a devastating blow”, the director of the FBI, Christopher Wray, has warned.An ongoing Chinese hacking campaign known as Volt Typhoon has successfully gained access to numerous American companies in telecommunications, energy, water and other critical...
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the []
How the US handles its shaky relationship with China will affect the future of the world, says JPMorgan chairman and CEO Jamie Dimon."It's the thread from Ukraine, oil and gas, food, migration, all our relationships, the most important one being China," Dimon told Bloomberg's Emily Chang in an interview that aired Wednesday. "That is the most important for the future of the world.""And obviously Ukraine is affecting it. In fact, it's very hard to see really positive outcomes with China until the...
I'm Chris Anstey, a senior editor in Boston, and today we're looking at
I'm Chris Anstey, a senior editor in Boston, and today we're looking at
His tribute to the Australian model - in which everyone is entitled to free healthcare but the wealthy can either pay extra or take out private cover - will alarm those NHS supporters.
A second US soldier has been caught smuggling illegal immigrants in two weeks in Texas. Cartels are luring service members with the promise of easy money.
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. I’ve wanted to learn more about the world of solar panels ever since I realized just how dominant Chinese companies have become in this field. Although much of the technology involved was…
Is America experiencing a crisis of confidence? That is the assessment of some world leaders from allied and partner nations in recent months. Former NATO Secretary General Anders Fogh Rasmussen criticized the U.S. at the start of the year, “Recent global events in the Taiwan Strait, in the Middle East, in Ukraine are all results of American hesitance to actually lead.”As he addressed Congress earlier this month, Japanese Prime Minister Fumio Kishida chided his audience for what he called “an...
Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.