Goldman Sachs Boosts Recession Risk
Economists at Goldman Sachs Group Inc. have raised their estimate of the likelihood of a recession in the United States.
Economic Forecast
JPMorgan CEO Says Donald Trump Tariffs to Boost Inflation
JPMorgan Chase chief executive officer Jamie Dimon said on Monday, April 7, that the tariffs announced last week by United States President Donald Trump are likely to trigger price increases for both domestic and imported goods, which will have a negative impact on the condition of the US economic system, which already demonstrated the slowdown.
Ana Botin Says Tariffs to Hit US More Than Europe in Short Term
Banco Santander SA Executive Chair Ana Botin said on Friday, April 4, at the bank’s annual general meeting that the reciprocal tariffs announced by United States President Donald Trump on Wednesday, April 2, are likely to hit the US economic system harder than Europe.
U.S. SMBs Share Gloomy Outlook: Report
The post-pandemic recovery has lost momentum for many small business (SMBs) owners, according to the Federal Reserve’s latest small business credit survey, raising concerns for the broader U.S. economy.
Markets React to New Tariffs
Any glimpse of hope left for the stock markets before U.S. President Trump’s announcement of new tariffs has vanished as the scale of the unveiled tariff plans took investors by surprise.
Goldman Sachs Says Donald Trump Tariffs to Increase Inflation
Goldman Sachs warns that aggressive actions by the White House in the context of trade policy in the external, international dimension will provoke an increase in inflation, cause a growth in unemployment, and practically stop the economic rise in the United States.
OECD Cuts US and Global Economic Outlooks
The Organisation for Economic Co-operation and Development (OECD) lowered its forecast for economic growth both in the United States and worldwide, noting that US President Donald Trump’s tariffs on goods imported from other countries are a deterrent in terms of the impact on the upward dynamic of gross domestic product (GDP).
China’s Economy Forecast Reportedly to Show Resilience
The media, citing analysts, claim that China’s economic system probably demonstrated stability in the first two months of the current year, even though the President of the United States Donald Trump began a second trade war between Washington and Beijing almost immediately after returning to power in January.
Global Digital ID Verification Checks to Grow 15% Over Next Year
The projected 15% increase in digital ID verification checks continues the growth trend seen in the previous year, when verification checks expanded by 16%, fueled by surging e-commerce transactions.
Virtual Card Transactions to Exceed $17.4 Trillion by 2029
The value of virtual card payments is expected to grow 235% by 2029, surging to $17.4 trillion from $5.2 trillion in 2025.
JPMorgan Chase Hikes Euro Area’s 2025 Economic Growth Forecast
JPMorgan Chase has revised its forecast for the growth of the eurozone economy in the current year, expecting that the upward dynamic of this indicator will demonstrate a faster pace compared to previous projections.
Trump Tariffs to Accelerate Inflation, Hinder GDP, Employment
As U.S. President Donald Trump fiddles with tariffs on some goods from Canada, China and Mexico, analysts share their estimations on how that might influence key economic indicators, such as inflation, employment and GDP.
GenAI Revenue to Surpass $1T by 2028
The acceleration of mass adoption for generative artificial intelligence (GenAI) is expected to boost revenues from this technology almost 20-fold over the next three years.
Highly Fragile Countries Depend on Remittances the Most
Recent data suggests a strong correlation between economic vulnerability and dependence on financial support from citizens living abroad received via remittances.
IMF Lifts Global Economic Growth Forecast
The International Monetary Fund on Friday, January 17th, published a new version of its forecast for global economic growth which has been revised upward.
India Sees Economic Growth at 6.5%
The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]
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