The IMF this week edged up its 2025 global growth forecast given a more benign impact from tariffs. Global public debt is projected to rise above 100% of gross domestic product by 2029, reaching its highest level since 1948 and continuing to climb, the IMF said on Wednesday, urging countries to build up buffers to […]
JPMorgan Chase announced plans on Monday to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic resilience as part of a broader $1.5 trillion pledge. The 10-year initiative aims to facilitate, finance and invest in industries central to the growth of the U.S. economy, including defense, energy and manufacturing. Shares […]
The data did not offer much insight into job creation since March, leaving U.S. rate expectations unchanged for now. The dollar held steady on Wednesday ahead of U.S. inflation data this week that could help shape the outlook for Federal Reserve policy, while a fraught geopolitical backdrop underpinned the likes of the Swiss franc. Employment […]
