Over the next week, six major banks will be reporting their earnings. Higher interest rates could affect both sides of their balance sheets.
(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.
"I Cannot Afford To Live": Americans Get Emotional As The US Economy Goes Off The Rails Authored by Michael Snyder via The Economic Collapse blog, As we approach what is likely to be the most chaotic presidential election in U.S. history, troubling signs are starting to erupt for the U.S. economy. In fact, CNN is actually admitting that “the long-predicted storm clouds in the economy may actually be forming”. I can’t remember the last time that I saw a CNN article with a headline...
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates. The government is expected to report that the gross domestic product grew at a slow but
US growth likely slowed last quarter but still pointed to a solid economy
Israel's Benjamin Netanyahu has vowed to reject any sanctions on the country's military, after reports that the US plans to cut aid to one unit.
Reports say the US is planning to cut military aid to one Israeli unit over alleged rights violations.
New documentary Hip-Hop and the White House looks back at how presidents have rejected or embraced those within the genre, from Reagan to TrumpAt the 1985 presidential inauguration ball, a made-for-TV black-tie affair that was something in between a concert and a roast, an expectant Ronald Reagan looked on from the dais for Jimmy Stewart to bring up the next act. “And now,” a grizzled George Bailey intoned, “to present the excitement of youth, the sights and the sounds of a big city, here are...
US airlines ask the Biden administration not to approve additional flights between the US and China
WASHINGTON (AP) — The biggest U.S. airlines and their unions are asking the Biden administration to stop approving more flights to the United States by Chinese airlines. They say the U.S. needs to take a stand against what they call “anti-competitive” policies that China imposes on U.S. airlines. A trade group for big U.S. airlines
The biggest U.S. airlines and their unions are asking the Biden administration to stop approving more flights to the United States by Chinese airlines
WASHINGTON (AP) — Large U.S. airlines and some of their unions are asking the Biden administration to stop approving any more flights between the United States and China because of what they call “anti-competitive” policies that China imposes on U.S. carriers. The airlines and unions said Thursday that China closed its market to U.S. carriers […]