Tag: economy

JPMorgan's Dimon says stagflation is possible outcome for US economy, but he hopes for soft landing

NEW YORK -- JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as...

Stock market today: Asian benchmarks mostly climb despite worries about US economy

TOKYO -- Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the...

US growth likely slowed last quarter but still pointed to a solid economy

WASHINGTON -- Coming off a robust end to 2023, the U.S. economy is thought to have extended its surprisingly healthy streak at the...

IMF's Georgieva warns "there's plenty to worry about'' in world economy — including inflation, debt

WASHINGTON -- The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of...

'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

BRUSSELS -- European Union leaders on Thursday debated a new “European Competitiveness Deal” aimed at helping the 27-nation bloc close the gap with...

China's economy grew 5.3% in first quarter, beating expectations

A worker assembles an SUV at a car plant of Li Auto, a major Chinese EV maker, in Changzhou in eastern China's Jiangsu...