Stagflation statement from JPMorgan CEO Jamie Dimon
Stagflation statement from JPMorgan CEO Jamie Dimon
JPMorgan Chase CEO Jamie Dimon said that the economy is growing but the risk of 'stagflation' continues.
JPMorgan Chase...
Tiktok decision from the USA: It will either be sold or banned
Tiktok decision from the USA: It will either be sold or banned
The US Senate approved the bill for TikTok, the social media platform owned...
BofA: Geopolitical tensions are the biggest concern for US credit investors
BofA: Geopolitical tensions are the biggest concern for US credit investors
Geopolitical tensions have become the top concern for U.S. credit investors, according to a...
The number of oil drilling rigs in the USA increased
The number of oil drilling rigs in the USA increased
The number of oil drilling rigs in the USA increased by 5 this week.
According to...
NY Fed President Williams: I see no urgency in cutting rates
NY Fed President Williams: I see no urgency in cutting rates
"I certainly don't see an urgent need to lower interest rates given the strength...
Mortgage interest in the USA is at the highest level of the year
Mortgage interest in the USA is at the highest level of the year
While the average interest rate for a 30-year mortgage (home loan) in...
U.S. jobless claims beat expectations
The weekly jobless claims, published by the US Department of Labor, rose by 6 thousand to 227 thousand. The expectation was that this figure...
US construction spending increased in June
Construction spending in the US rose 0.5 percent in June, below market expectations.
The US Department of Commerce released construction spending data for June.
Accordingly, the...
Job vacancies in the US fell below expectations
The number of JOLTS Job Openings in the USA was 9 million 582 thousand in June, below market expectations.
The U.S. Department of Labor has...
Fitch downgrades US long-term credit rating
International credit rating agency Fitch Ratings downgraded the US long-term credit rating from "AAA" to "AA+" and changed the outlook from negative to stable....