Economy News

JPMorgan Chase’s CEO, Jamie Dimon, has raised alarms regarding escalating conflicts in Ukraine and the Middle East, as well as the increasing collaboration among U.S. adversaries such as Russia, China, North Korea, and Iran.

Howard Lutnick, CEO of Cantor Fitzgerald, has endorsed Donald Trump as the best candidate for America’s wealthy, praising his commitment to American workers, economic growth, and support for cryptocurrency alongside tariff implementation.

The Federal Reserve’s November 6-7 meeting is expected to determine the course of interest rates, with key inflation and employment data likely shaping the outcome.

As the U.S. presidential election approaches, JPMorgan Chase CEO Jamie Dimon has again refrained from endorsing any candidate during his recent trip to Washington, D.C.

Former Goldman Sachs chief economist Jim O’Neill, commenting on the potential of a common BRICS currency.The 16th BRICS summit, held in Kazan, Russia, concluded on Thursday and was marked by several important discussions and announcements.

In a surprising move, the Bank of Canada announced its fourth consecutive interest rate reduction on Wednesday, dropping the key rate by 50 basis points to 3.75%.

China’s recent economic policies are unlikely to significantly boost its struggling economy, according to Haibin Zhu, chief China economist at JPMorgan Chase.