US economy

In a recent interview, UBS Group AG CEO Sergio Ermotti expressed optimism about the U.S. market, despite ongoing tariff uncertainties. What Happened: Ermotti, during an interview with Fox Business on Mornings With Maria, pointed out the “fantastic opportunity”...

President Donald Trump‘s approval rating among Baby Boomers has seen a significant surge, potentially solidifying his political base as we approach the 2026 midterm elections. What Happened: The latest Quantus Insights poll shows a significant shift in Trump’s approval rating...

Once a symbol of financial catastrophe, subprime consumers are now showing signs of resilience and spending power that defy economic uncertainties, according to Goldman Sachs, with the bank highlighting several investment opportunities tied to the lower-income group. In a note issued Wednesday,...

As markets hold steady despite rising geopolitical tensions, top strategists are urging caution that ignoring key risks may expose investors to short-term shocks and a potentially deeper market correction. What Happened: Lori Calvasina, head of U.S. equity strategy at RBC Capital...

Entrepreneur and “Shark Tank” investor, Kevin O’Leary, has expressed concern over the increasing difficulty Americans are experiencing in contributing to their 401(k) plans due to overspending. What Happened: Despite acknowledging the importance of 401(k) plans as...

The recent airstrikes by Israel in Iran are not expected to have a significant impact on the U.S. economy, according to leading economists. What Happened:  Although potential risks remain, the U.S. economy’s current outlook appears relatively stable, MarketWatch reported. “I think the...

A resurfaced 2004 interview clip where Donald Trump, then a businessman and reality TV star, suggested that the U.S. economy performs better under Democratic administrations. This statement starkly contrasts with his political rhetoric and policies during his presidency. What Happened: In...

Former PIMCO CEO and current Allianz’s chief economic adviser, Mohamed El-Erian, has suggested that the era of U.S. exceptionalism is on pause, not conclusively over, amid President Donald Trump‘s tariffs and economic uncertainty. What Happened: El-Erian expressed his views on the...

Former Vice President Mike Pence has lauded President Donald Trump‘s Middle East visit for its beneficial effects on the U.S. economy, despite his criticism of the diplomatic aspects of the trip. What Happened:  Despite a public fallout with Trump over the 2020...

Legendary investor Warren Buffett attributes much of his wealth accumulation to the fact that he is American. He reiterated his strong belief in the U.S. economy, brushing aside worries over potential transformative shifts. What Happened: During the annual Berkshire Hathaway shareholders...

 Janet Yellen, Former Treasury Secretary and Fed Chair between 2014-2018, has expressed her disapproval of President Donald Trump‘s economic policies, attributing them to significant economic damage. What Happened: Yellen, who served under former President Joe Biden, stated that...

U.S. President Donald Trump is set to meet with the CEOs of America’s largest corporations on Tuesday, amid growing economic concerns and a recent slump in stock values. What Happened: Trump’s meeting with around 100 CEOs is part of a regular gathering of the Business Roundtable in ...

Billionaire investor Ray Dalio famously advised investors to increase their holdings in gold, warning of economic shifts. What Happened: Dalio, who is recognized for his profound knowledge of economic history and market cycles, expressed his concerns about the future of the financial landscape in a...

In the face of global and national political upheavals, the U.S. economy is projected to maintain its exceptional performance, surpassing other major economies in 2025, as per economist Mohamed El Erian. What Happened: El Erian attributes the strength of the U.S. economy to its significant foreign...

Donald Trump‘s second term as president is expected to bring about a significant shift in the global and domestic order, with Trump’s selections for key posts set to aid in this transformation. What Happened: The incoming second Trump administration is preparing for a major revamp of...