JPMorgan Q2 results: Bank’s profit beats estimates at $14.2 billion; revenue strong but CEO Jamie Dimon warns of global risks
JPMorgan Chase reported a second-quarter net profit of $14.2 billion, surpassing Wall Street expectations despite being lower than the previous year. Revenue reached $45.7 billion, ...
India top contributor in US immigrant billionaire list: 12 Indian-origin tycoons in list; Jay Chaudhry beats Sundar Pichai, Satya Nadella in US rich club
India has emerged as the leading source of billionaire immigrants in the US, surpassing Israel, according to Forbes’ 2025 list. Twelve India-born individuals, including tech ...
Donald Trump fires new tariff salvo! Letters to more countries released; Iraq, Philippines & others to face up to 30% duties – check list
Donald Trump issued tariff letters to several countries, including the Philippines, Brunei, Moldova, Algeria, Libya, and Iraq, warning of reciprocal duties starting August 1, 2025. ...
50% on copper, 200% on Pharma: Donald Trump talks of new US tariffs soon; ‘they’re going to be tariffed at a very…’
President Trump declared a 50% tariff on copper imports and hinted at a potential 200% tariff on pharmaceuticals. This pharmaceutical tariff would have a grace ...
Gold rate outlook: Gold prices likely to stay under pressure as investors eye key US macro data, say analysts
Gold prices are projected to remain subdued as investors await crucial US macroeconomic data for signals on the Federal Reserve’s interest rate stance. Improving risk ...
US-China trade deal: After Donald Trump, China says details of deal ‘confirmed’; adds America to ‘cancel series of restrictive measures’
The US and China have finalized a trade deal, with the US agreeing to cancel restrictive measures, according to China. This follows earlier discussions and ...
US Fed keeps rates steady for 4th meet
The US Federal Reserve has maintained steady interest rates, signaling potential cuts later this year. However, projections indicate a slower pace of future reductions due ...
US stock market today: Nasdaq jumps 1%; Dow surges over 300 points
Wall Street saw a positive opening. This happened as tensions between Israel and Iran seemed to decrease. The S&P 500, Dow Jones, and Nasdaq all ...
US consumer sentiment jumps for first time in 2025, says UMich report; tariff pause and steady prices lift confidence
US consumer sentiment rebounded in June, marking the first increase in six months, according to University of Michigan data. The Consumer Sentiment Index surged to ...
Rate rage returns: Trump demands ‘a full point’ rate cut from Fed, Wall Street cheers as jobs data signals resilience
Wall Street saw a surge following a positive US jobs report. Donald Trump called for a significant interest rate cut. He criticized the Federal Reserve’s ...
