US Economy

May 11May 11
JPMorgan Chase CEO Jamie Dimon says Trump doesn’t understand the debt ceiling
- National
- News
JPMorgan Chase CEO Jamie Dimon sharply criticized former President Donald Trump on Thursday, saying the 2024 presidential candidate doesn’t understand the debt ceiling and what is at stake. It is just “one more thing he doesn’t know very much about,” Dimon told Bloomberg Television.

Pristine Villarreal
April 06April 06
The US economy is unwell. April could be a cruel month
- National
- News
After months of a remarkably strong US labor market and economy, everything seems to be slowing down.

Pristine Villarreal
March 22March 22
Biden White House closely watching Federal Reserve following bank failures
- National
- News
All eyes are trained on the Federal Reserve as it prepares to announce another potential interest rate hike Wednesday afternoon — exactly 10 days after the Biden administration stepped in with dramatic emergency actions to contain the fallout from two bank failures.

Pristine Villarreal
January 19January 19
US hits debt ceiling, prompting Treasury to take extraordinary measures
- National
The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government paying its bills and escalating pressure on Capitol Hill to avoid a catastrophic default.

Ceci Partridge
December 12December 12
Treasury Secretary Yellen predicts major inflation cooldown in 2023
- Money
Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation cooldown and stressing that a recession isn’t required to get prices back under control.

Ceci Partridge
April 09April 09
President Trump preparing to announce second task force focused on economic recovery
- National
President Donald Trump is preparing to announce a second coronavirus task force solely focused on reopening the nation’s economy, multiple sources told CNN. Senior aides such as Treasury Secretary Steven Mnuchin and National Economic Council Director Larry Kudlow have been solely focused on the issue of restarting a wounded American economy for weeks, along with a coterie of aides. […]

Taylor Martinez
April 09April 09
The Fed just unleashed another $2.3 trillion to support the economy
- National
The Federal Reserve is continuing its extraordinary efforts to prop up the US economy in the wake of the coronavirus pandemic. The central bank announced a new $2.3 trillion round of loans that include even more support for small businesses and consumers — and, for the first time, for states, cities and municipalities, too. The Fed said […]

Taylor Martinez
April 03April 03
The US economy lost 701,000 jobs in March — worst report since 2009
- National
The American economy lost more jobs than it gained for the first time in a decade. In March, the economy shed 701,000 jobs, according to the Bureau of Labor Statistics. It was the first time the economy lost jobs in a month since September 2010, and the worst month for American jobs since the depths […]

Taylor Martinez

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