Jamie Dimon Doubts Job Revision Theory, Warns U.S. Economy Is Weakening
JPMorgan CEO Jamie Dimon is not buying into the market’s theory that substantial downward revisions to employment data rule out ...
Tag: U.S. economy
Can Tariffs Pay Down the Debt? The Truth Behind Trump’s Claim
President Trump has repeatedly said his sweeping tariff program will “pay down our debt.” The claim, simple and politically potent, ...
Dow Futures Drop as Trump Doubles Down on Tariffs, Powell’s Role Uncertain
Wall Street opened to red screens this morning as Dow futures sank sharply, reflecting growing investor anxiety over escalating trade ...
“Big Short” Investor Warns Tariffs Could Trigger U.S. Recession
A prominent voice from the 2008 financial crisis is sounding the alarm again, this time over trade. Steve Eisman, one ...
Treasury’s Bessent Predicts U.S. Economy Will Grow Over 3% by Next Year
Despite months of economic turbulence, sticky inflation, and rising debt concerns, one senior Treasury official is feeling bullish. Louis Bessent, ...
Trump’s Tariffs Threaten U.S. Semiconductor Manufacturing Surge
The U.S. semiconductor industry is staring down a major setback as Donald Trump’s proposed tariffs threaten to derail the country’s ...
Trump may keep Powell at the Fed—for one key reason
Former President Donald Trump has never minced words when it comes to Federal Reserve Chair Jerome Powell, once calling him ...
Bessent China tariffs remark sparks rally as investors bet on de-escalation
Bessent China tariffs comments sent a wave of optimism through markets on Tuesday, as U.S. Treasury Secretary Scott Bessent signaled ...
Trump Fed credibility threat? Goolsbee warns firing Powell would shake U.S. economic trust
Trump Fed credibility concerns are rising again — and this time, they’re coming from inside the central bank. Austan Goolsbee, ...
