US economy

Former Vice President Mike Pence has lauded President Donald Trump‘s Middle East visit for its beneficial effects on the U.S. economy, despite his criticism of the diplomatic aspects of the trip. What Happened:  Despite a public fallout with Trump over the 2020...

Legendary investor Warren Buffett attributes much of his wealth accumulation to the fact that he is American. He reiterated his strong belief in the U.S. economy, brushing aside worries over potential transformative shifts. What Happened: During the annual Berkshire Hathaway shareholders...

 Janet Yellen, Former Treasury Secretary and Fed Chair between 2014-2018, has expressed her disapproval of President Donald Trump‘s economic policies, attributing them to significant economic damage. What Happened: Yellen, who served under former President Joe Biden, stated that...

U.S. President Donald Trump is set to meet with the CEOs of America’s largest corporations on Tuesday, amid growing economic concerns and a recent slump in stock values. What Happened: Trump’s meeting with around 100 CEOs is part of a regular gathering of the Business Roundtable in ...

Billionaire investor Ray Dalio famously advised investors to increase their holdings in gold, warning of economic shifts. What Happened: Dalio, who is recognized for his profound knowledge of economic history and market cycles, expressed his concerns about the future of the financial landscape in a...

In the face of global and national political upheavals, the U.S. economy is projected to maintain its exceptional performance, surpassing other major economies in 2025, as per economist Mohamed El Erian. What Happened: El Erian attributes the strength of the U.S. economy to its significant foreign...

Donald Trump‘s second term as president is expected to bring about a significant shift in the global and domestic order, with Trump’s selections for key posts set to aid in this transformation. What Happened: The incoming second Trump administration is preparing for a major revamp of...

Renowned economist Nouriel Roubini recently expressed his apprehensions about President-elect Donald Trump‘s second term. What Happened: Roubini, who gained the moniker “Dr. Doom” after correctly predicting the 2008 global financial crisis, shared his economic predictions for...

A Goldman Sachs economist has suggested that the US economy could experience accelerated growth with increased use of GLP-1 weight-loss drugs like Ozempic. What Happened: Jan Hatzius, chief economist at Goldman Sachs, has said that US GDP could potentially grow an additional 1% if 60 million...

Skybridge Capital founder Anthony Scaramucci anticipates a significant increase in Bitcoin’s value, foreseeing a potential shift towards a less politicized regulatory environment for cryptocurrencies under the upcoming U.S. administration. What Happened: Scaramucci, who will be a headline...

As Americans express concerns about the economy ahead of the presidential election, Steve Schwarzman, CEO of Blackstone Inc. (NYSE:BX), has assured that the U.S. will avoid a recession, regardless of whether Donald Trump or Kamala Harris wins. What Happened: During an interview in Tokyo, Steve...

Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM), issued a stark warning about challenges that could affect the U.S. economy. What Happened: In the bank’s third-quarter earnings release, Dimon highlighted several critical global risks that could disrupt both economic and geopolitical...

John Williams, President of the New York Federal Reserve, expressed confidence in the Federal Reserve’s strategy to achieve a soft landing for the U.S. economy. He emphasized the central bank’s current monetary policy as effective in sustaining economic growth while curbing inflation....

Robert Kiyosaki, the renowned financial educator and the author of the best-selling book Rich Dad, Poor Dad, recently expressed his concerns over the escalating U.S. debt. What Happened: In a series of posts on X last week, Kiyosaki warned about the growing $35 trillion U.S. debt, calling it...

In the wake of rising concerns about the U.S. economy and European consumer spending, debt investors are increasingly resorting to insurance against corporate bond defaults. What Happened: The cost of insuring a group of North American high-grade credits against default experienced a significant...