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Category U.S. economy

MainNewsU.S. economy
US Share of World Economy Projected to Reach Historic Low

US Share of World Economy Projected to Reach Historic Low

The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and Inte...
Oct, 13, 2024
by Bitcoin News
Elon Musk: America Is Headed for Bankruptcy

Elon Musk: America Is Headed for Bankruptcy

Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highligh...
Oct, 04, 2024
by Bitcoin News
Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020

Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020

On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounte...
Sep, 18, 2024
by Bitcoin News
JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation

JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation

JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as ris...
Sep, 16, 2024
by Bitcoin News
Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple t...
Sep, 07, 2024
by Bitcoin News