At the 2025 Reagan National Economic Forum in Simi Valley, California, JPMorgan Chase CEO Jamie Dimon delivered a candid assessment of the United States’ economic and geopolitical standing. He emphasized …
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Business & Economy
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On May 30, 2025, the U.S. Labor Department released its latest employment report, revealing that the American economy added a surprising 320,000 new jobs in May—well above analysts’ projections amid …
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The U.S. labor market exhibited notable resilience in May 2025, with the Department of Labor reporting the addition of 280,000 new jobs—surpassing many economists’ forecasts. This steady job growth reflects …
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A U.S. federal court has ruled that former President Donald Trump’s “liberation day” tariffs exceed his authority under the International Emergency Economic Powers Act (IEEPA), invalidating the controversial tariffs imposed …
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Moody’s Investors Service downgraded the U.S. sovereign credit rating on May 16, 2025, citing escalating concerns over the country’s long-term fiscal stability. The move reflects growing unease about persistent federal …
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As escalating tariff tensions and ongoing macroeconomic instability continue to weigh heavily on global markets, several major corporations have been forced to scale back or withdraw their financial forecasts for …
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In May 2025, U.S. business activity saw a notable increase as companies accelerated purchasing to get ahead of anticipated tariff hikes. According to analysts at S&P Global Market Intelligence, input …
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Business & Economy
Moody’s Downgrades U.S. Credit Rating Amid Rising Deficits and Political Gridlock
On May 16, 2025, Moody’s Investors Service downgraded the United States’ long-term credit rating from Aaa to Aa1, marking the first time since 1917 that the nation has lost its …
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Tesla’s Gigafactory in Austin, Texas, has become a cornerstone of the company’s expansion, significantly impacting both the local economy and the electric vehicle (EV) industry. Since its opening in late …
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JPMorgan Chase CEO Jamie Dimon has raised alarms over the potential for stagflation in the U.S. economy, warning that the country could face a challenging economic landscape characterized by high …
