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1 min read

Jamie Dimon says the Fed should hold off on rate cuts as its credibility 'is a little bit at stake'

The JPMorgan Chase CEO said the Fed should wait for more data before cutting rates.

Huileng Tan   


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5 mins read

YouTube's mass exodus of stars and TikTok's potential US ban shows the uncertainty of the creator economy

YouTube changed how we watch videos. A departure of creators might lead to its own shift.

Dan DeFrancesco   


Matthew Fox   


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2 mins read

Inflation is stuck and the Fed can't lower prices without damaging the economy, top economist Mohamed El-Erian says

The Fed cutting interest rates prematurely risks letting inflation spiral out of control, top econo…

Jennifer Sor   


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3 mins read

The Bank of England held interest rates after hinting it would hike, risking its credibility with the markets

The Bank of England left interest rates on hold at their current record-low levels as it decided to…

Harry Robertson   


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3 mins read

Janet Yellen isn't 'credible' and the US won't default on its debt on June 1, Republican congressman says

Congress can't agree on how to raise the debt ceiling. GOP Rep. Byron Donalds thinks there's more t…

Ethan Dodd   


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1 min read

Powell's Fed may be remembered not for conquering inflation but for undermining its own credibility, Mohamed El-Erian says

"My worry is that it may end up being remembered in a category of its own, as the Fed that undermin…

Zahra Tayeb   


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3 mins read

These are the 2 main takeaways for investors from a year where stocks popped and the economy dodged a recession, according to UBS

Growth, inflation, and headline-grabbing datapoints will carry on driving returns next year, the Sw…

George Glover   


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2 mins read

China's economy is trapped in a downward spiral that authoritarian regimes are doomed to repeat

Like other authoritarian regimes, China's economic development is following a predictable pattern, …

Filip De Mott   


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2 mins read

Janet Yellen says she disagrees with Moody's downgrade of its outlook for the US, as the economy is strong and Treasurys are the 'preeminent' safe asset

"This is a decision I disagree with," Yellen said of Moody's US outlook downgrade, emphasizing the …

Jennifer Sor   


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2 mins read

Zinya Salfiti   


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3 mins read

Here are 3 ways the Fed messed up since 2021 and how it's impacting the economy, according to UBS

"Today's rate hike will probably have to be reversed in a relatively short space of time," UBS chie…

Matthew Fox   


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9 mins read

The biggest threat to the economy right now: Jerome Powell's ego

Federal Reserve chairman Jerome Powell could push the economy into a tailspin in a misguided attemp…

William Edwards   


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2 mins read

Here are the 4 issues that will determine the future of the global economy, according to Mohamed El-Erian

Markets have been on a rollercoaster ride and uncertainties around the global economy are mounting.…

Morgan Chittum   


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2 mins read

US stocks slip as investors assess health of the economy ahead of key jobs report

Weekly jobless claims came in higher than expected a day after private payroll data showed hiring s…

Phil Rosen   


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2 mins read

The drop in inflation in June paves the way for the US economy to avoid a recession, former PIMCO chief economist says

The Fed could rapidly cut interest rates if higher borrowing costs threaten to push the US into rec…

Jennifer Sor   


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2 mins read

Partial de-dollarization is possible, but China won't dethrone the greenback even if it becomes the world's largest economy

History suggests that dollar dominance could carry on well into the second half of the 21st century…

Phil Rosen   


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2 mins read

Markets shouldn't get caught up in recession fears, and the Fed's credibility is near an all-time high, Jefferies' chief market strategist says

Markets are deeply concerned about a recession, but Jefferies' chief strategist says the situation …

Jennifer Sor   


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1 min read

The Fed could 'crush' the US economy by pursing its inflation target too quickly, Mohamed El-Erian warns

Getting inflation down to its target risks crushing the economy, and any alternative is tough when …

Zinya Salfiti   


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2 mins read

Here's everything the Fed has done wrong in handling the economy and why its reputation is in tatters, according to Mohamed El-Erian

The US is facing a potential recession and stagflation if the Fed doesn't take steps to right its w…

Jennifer Sor