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Breaking News: Economy

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

by Adrian Jhonsan
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill …

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Categories World

Western boot sales on the rise since ‘Cowboy Carter’

by Adrian Jhonsan
Western boot sales on the rise since ‘Cowboy Carter’

Beyoncé leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on Feb. 13, 2024. James Devaney | GC Images | Getty Images Western boots …

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Categories World

Denver, Boulder poach more of Silicon Valley’s founders and billions

by Adrian Jhonsan
Denver, Boulder poach more of Silicon Valley’s founders and billions

This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and …

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Categories World

China will still be the world’s top growth driver, says the ADB

by Adrian Jhonsan
China will still be the world’s top growth driver, says the ADB

Flag of China on dark blue background Da-kuk | E+ | Getty Images China will remain the largest growth engine for the world economy in spite of its slowdown, the …

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Categories World

Gold is safer than mining stocks: State Street’s Milling-Stanley

by Adrian Jhonsan
Gold is safer than mining stocks: State Street’s Milling-Stanley

Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to George Milling-Stanley, one of the world’s experts in gold and …

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Categories World

Wholesale prices rose 0.2% in March

by Adrian Jhonsan
Wholesale prices rose 0.2% in March

A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected. The …

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Categories World

Why car insurance costs are skyrocketing, leading to higher inflation

by Adesola Mojo
Why car insurance costs are skyrocketing, leading to higher inflation

RobertCrum | Getty Images DETROIT – Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March and are adding to the ever more expensive costs …

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Categories Automobile

Fed can start cutting interest rates by end of 2024, IMF managing director says

by Adrian Jhonsan
Fed can start cutting interest rates by end of 2024, IMF managing director says

The Federal Reserve should be able to start cutting interest rates by the end of 2024, according to Kristalina Georgieva, managing director of the International Monetary Fund. “We remain on …

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Categories World

How the former Fed boss could shake up the Bank of England

by Adrian Jhonsan
How the former Fed boss could shake up the Bank of England

Former Federal Reserve Board Chair Ben Bernanke speaks during a discussion on “Perspectives on Monetary Policy” during the Thomas Laubach Research Conference at the Federal Reserve Board building in Washington, …

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Categories World

WTO forecasts rebound in global trade but keeps geopolitical risks in focus

by Adrian Jhonsan
WTO forecasts rebound in global trade but keeps geopolitical risks in focus

Container ships from international trunk lines, including those from Europe, Africa, India, Pakistan, and Southeast Asia, are loading and unloading containers at the container terminal of the Qianwan Port Area …

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Categories World
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