Economy News

China is reportedly exploring a significant economic stimulus initiative aimed at rejuvenating its struggling economy.

According to many market analysts, the Federal Reserve may be preparing to cut interest rates by a quarter point next week.

The Bank of Japan (BOJ) has chosen to hold its benchmark policy rate steady at 0.25% amid political uncertainties following Japan’s recent election.

Recent US employment data indicates a modest increase in non-farm payrolls, which rose by only 12,000 in October, significantly lower than the expected 110,000.

In September, personal income in the U.S. rose by $71.6 billion, reflecting a monthly increase of 0.3%, as reported by the U.S. Bureau of Economic Analysis.

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.