Tag: US economy
‘Under a strong leadership, India can hit $7-trillion target by 2030’, says JPMorgan CEO Jamie Dimon
Mumbai: India’s aspiration to be a $7-trillion economy by the end of the decade can be achieved as a “strong” Prime Minister Narendra Modi rolls…
How US Federal Reserve’s rate cut decision impacts policies around the world
(Bloomberg) — The Federal Reserve’s bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the…
ET World Leaders Forum: Cautiously optimistic on global economy, says Rich Lesser, Global Chair, BCG
Boston Consulting Group (BCG) global chair Rich Lesser is optimistic about the Indian and US economies. India has been extraordinary in terms of growth and…
Will there be a recession in US? JPMorgan says 35% possibility by end of 2024
Aug 08, 2024 08:22 AM IST US recession: JPMorgan now sees just a 30% chance of the Federal Reserve keeping interest rates “high-for-long”. JPMorgan Chase…
US job growth remains moderate in July; wage gains still strong
WASHINGTON: The US economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed…
Health Care: US economy adds 209,000 jobs as hiring slows
WASHINGTON: Hiring in the United States slowed in June, the Labor Department said Friday, with fewer new jobs created than many had expected, a signal…
US economic growth last quarter is revised up to a 2% annual rate
WASHINGTON: The US economy grew at a 2% annual pace from January through March as consumers spent at the fastest pace in nearly two years,…
US economy grew at weak 1.1 per cent rate in Q1 in sign of slowdown
WASHINGTON: The US economy slowed sharply from January through March, decelerating to just a 1.1 per cent annual pace as higher interest rates hammered the…
US economy grew at weak 1.1 per cent rate in Q1 in sign of slowdown
The US economy slowed sharply from January through March, decelerating to just a 1.1 per cent annual pace as higher interest rates hammered the housing…
‘I apologize,’ Credit Suisse chairman admits failure to shareholders
The chairman of Credit Suisse apologized Tuesday to shareholders for failures of the once-venerable bank and acknowledged the shock and anger felt as the troubled…