Economy

Jim Cramer Weighs In On Fed's Interest Rate Cut Plans: 'Don't Hold Your Breath. This Economy Doesn't Need Them'
Trump Vs. Biden: Former President Has Lead In New 2024 Election Poll, Robert F. Kennedy Jr. Could Hurt Support For Both
Biden Is Quietly Ditching 'Bidenomics' In Speeches, As Republicans Use The Term Against Him: What's Ahead For 2024 Election?
Trump Vs. Biden: Former President Has Lead In New 2024 Election Poll, Robert F. Kennedy Jr. Could Hurt Support For Both
Biden Is Quietly Ditching 'Bidenomics' In Speeches, As Republicans Use The Term Against Him: What's Ahead For 2024 Election?
Biden Vs. Trump: 2024 Election Front-Runners Tied In Latest Poll, Here Are The Top 5 Items Voters Say Are Most Important
China's Export Ambitions Could Land Us In 'Global Trade War' Territory, Warns Economist

Economy Recent News

Can The US Continue To Be A Driver Of Global Economic Growth? Mohamed El Erian Says Automaticity Of A 'Very Soft Landing' Challenged By These 3 Key Factors
Trump In Trouble? Former President's Lead Over Biden Shrinks In New 2024 Election Poll
A new 2024 election poll shows Donald Trump with a narrow lead over Joe Biden, which comes after recent weeks showing a more dominant lead.
'Rich Dad Poor Dad' Author Robert Kiyosaki Labels Fed A 'Criminal Organization,' Urges 'Experts' To 'Wake Up'
Robert Kiyosaki accused the institution of causing economic damage, further impoverishing the lower and middle class, and favoring their "rich banking friends."
Former Home Depot CEO Bob Nardelli Warns Of 'Tremendous Shift' In Labor Market, Predicts No Soft Landing For US Economy
Former Home Depot Inc. CEO Bob Nardelli has raised concerns about the ongoing economic pressures and the potential for a significant shift in the labor market.
Trump Vs. Biden: Ex-President Matches His Biggest Lead In 2024 Poll, 2 Critical Issues Could Be Influencing Voters
Donald Trump posts a sizable lead over Joe Biden in a hypothetical matchup of the 2024 election. The economy is a key issue and could split voters one what is most important.
Only 25% Of Experts Predict US Recession In 2024, China Conflict And External Factors Pose Risk: Survey
In a recent survey, only 25% of business economists and analysts foresee a recession in the United States in 2024. The potential downturn is likely to be triggered by external factors, such as a conflict involving China, rather than domestic economic issues like increased interest rates.
Top US Treasury Officials Visit China To Discuss Economic Policies Amid Turbulence
The visit is significant as it marks the first time the economic working group is meeting in Beijing since its inception in September after Treasury Secretary Janet Yellen's trip to China. This comes amid a period of economic turmoil in China, with the country's financial markets experiencing a severe downturn.
Trump Dominates Biden In Swing States: How These 2 Big Issues Could Change The 2024 Presidential Election
Trump has an increasing lead over Biden in key swing states, according to a new Morning Consult/Bloomberg poll.
Trump Vs. Biden: Close 2024 Election Predicted, Which Candidate Is Losing Ground?
Voters continue to show a close race between President Joe Biden and Donald Trump in the 2024 presidential election.
Top Strategist Jon Wolfenbarger Warns Of Stock Market Crash And Year-Long Recession: 'Market Highly Vulnerable To Falling To New Bear Lows'
Wolfenbarger, the founder of Bull and Bear Profits and a former JPMorgan banker, is particularly concerned about the consistent decline of The Conference Board's Leading Economic Index and the longest stretch of an inverted yield curve in more than half a century.
Top Strategist Predicts Unemployment Doubling By Year-End, Inevitable Economic Hard Landing: 'Oh My Goodness, Be Careful Now'
Mizuho strategist Dominic Konstam voiced his concerns about an impending 'hard landing' for the U.S. economy. He postulates a potential rise in unemployment rates to 6% or 7% by year's end, a sizeable increase from the current low of 3.7%.
World's Largest Asset Manager Turns Bullish On Stocks Amid Signs Of Soft Landing: 'We Expect The Rally To Broaden'
BlackRock, which is managing $10 trillion in assets, has upgraded its U.S. stocks rating from "underweight" to "overweight." The asset manager's bullish stance is projected over a six to 12-month period, contingent on the success of the Federal Reserve in instigating an economic soft landing.
JPMorgan's Jamie Dimon Raises Alarm Over Potential Global Market 'Rebellion' Due To Record US Debt: 'That Hockey Stick Doesn't Start Yet'
The growing U.S. national debt has been a topic of concern for some time now. The national debt surpassed $34 trillion at the start of 2024, marking a significant increase from when it first hit the $1 trillion mark in 1982.
Trump Vs. Biden: Former President Posts Record Lead, Largest Against Biden Dating Back To 2017
A look at a matchup between Joe Biden and Donald Trump for the 2024 election.
BlackRock Analyst Warns Of 'New Geopolitical Regime' That Could Disrupt Markets: 'The Old Playbook No Longer Applies'
BlackRock's analysts, led by Wei Li, have highlighted the increasing geopolitical risks and their potential to disrupt traditional market dynamics.
Goldman Sachs CEO David Solomon Says US Will Likely Steer Clear Of Major Slowdown: 'Inflation Could Be Stickier Than People Expect'
Goldman Sachs CEO David Solomon shared his optimism about the U.S. economy's prospects for 2024. However, he also sounded a note of caution about the persistence of inflationary pressures.
Trump Vs. Biden: Former President Retakes Lead In 2024 Election Poll, But Sees Lower Support From Independent Voters
A weekly poll finds Donald Trump narrowly leading Joe Biden in the race for the 2024 presidential election.
Biden Vs. Trump: President Regains Lead In National 2024 Election Poll, But Top Voter Concern Could Be Bad News
A national poll of registered voters shows Joe Biden with a slim lead over Donald Trump after falling behind the former president in previous weekly polls.
Study Forecasts Staggering $1 Trillion Boost To US Economy With Generative AI, But Warns Of Job Disruptions
The study, which analyzed 18,000 tasks that power the U.S. economy, projects an increase in U.S. productivity ranging from 1.7% to 3.5%. This could add between $477 billion and $1 trillion annually to the U.S. GDP over the next decade.
US Economy Set For 'Soft Landing' As Economists Eye Fed Rate Cuts
Economists foresee a soft landing for the U.S. economy and anticipate Federal Reserve interest rate cuts following a decline in inflation from 7.1% in June 2022 to 2.6% in November.
Xi Jinping's Manufacturing-Driven New Economic Strategy Raises Global Trade Concerns Amid Property Sector Slump
China's shift toward manufacturing, especially in electric vehicles and renewable energy, is causing alarm over potential global trade conflicts. President Xi Jinping's strategy, amid challenges in the property sector, is drawing warnings from the U.S., EU, and other nations.
Top Economist David Rosenberg Predicts 2024 Economic Downturn With Echoes Of 2007 And 2000: 'Premature To Throw In The Recession Towel'
Economist David Rosenberg has voiced concerns over an impending recession in 2024, which he believes may lead to stock market instability.
China's Stock Market Hit With Massive 87% Drop In Foreign Investment Amid Fears Of Slow Economic Growth, Says Report
Chinese companies' widespread share buybacks and large-scale purchases by domestic investment funds and state-run financial institutions have aided the exodus of offshore investors.