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In a year where Americans are anxiously waiting for interest rates to drop, JPMorgan Chase CEO Jamie Dimon warns rates may go even higher.

Jamie Dimon warns of higher interest rates, recession and AI taking jobs

In a year where Americans are anxiously waiting for interest rates to drop, the CEO of the world’s largest bank warns rates may go even higher than they are today and don’t count out a recession. There are two CEOs in this country whose annual letters to shareholders are more widely anticipated than the rest:…

The U.S. Federal Reserve is not being restrictive enough, and its rhetoric does not match the reality of its actions or policies.

Federal Reserve policy should be more restrictive

The American economy is booming, with high GDP growth, record-low unemployment, and wage gains for median workers. Over the past few quarters, U.S. economic growth indicators have consistently outperformed official projections. But the U.S. Federal Reserve recently conceded that its policies might be too restrictive, hindering the full potential of the U.S. economy, which the…

Germany is the economic staple of modern Europe. What will happen as Germany declines in a post-American world?

Germany in a post-American world

Germany today is celebrated as the indispensable economic and industrial power of modern Europe. But like many advanced nations, Germany faces demographic decline in the coming decades, which could threaten Germany’s economy and — consequently — the economies of Europe and the world. Straight Arrow News contributor Peter Zeihan predicts a German economic collapse as…

After a deadly bridge collapse in Baltimore the debate over who should pay the damages is underway.

As costs soar, who foots the bill for Baltimore bridge collapse?

The Francis Scott Key Bridge collapse, which killed six people in Baltimore, could see insured losses between $2 billion to $4 billion. The figures could make it “the most expensive marine insured loss in history.” However, who will pay and how much depends on who is asked. President Joe Biden, who is scheduled to visit…

Republican policies are failing to appeal to women, especially white women who are increasingly disenchanted with Trump.

Republicans don’t care about female voters

Women make up the largest demographic among registered voters in America and consistently participate in elections, with over 68% turning out to vote in the 2020 presidential election. Some political analysts suggest that with the recent reversal of Roe v. Wade, abortion has become a key issue among voters, benefiting Democratic candidates. However, in the…

Following the deadly collapse of the Francis Scott Key Bridge on Tuesday, the Biden administration has allocated $60 million in federal aid to Maryland. Biden told reporters the Port of Baltimore, a major U.S. shipping hub that saw record cargo volumes last year, is crucial for automobile imports and exports, with around 850,000 vehicles passing through annually.

Biden admin approves $60 million in emergency aid after Baltimore bridge collapse

The Biden administration has allocated $60 million in federal aid to Maryland following the deadly Baltimore bridge collapse on Tuesday. Biden told reporters the Port of Baltimore, a major U.S. shipping hub that saw record cargo volumes last year, is crucial for automobile imports and exports, with around 850,000 vehicles passing through annually. “Fifteen thousand jobs…

Pro-Palestinian demonstrators interrupt President Biden's celebrity-packed fundraising event at Radio City Music Hall. And, The Wall Street Journal marks one year of reporter Evan Gershkovich being held in a Russian prison. The Morning Rundown™

Pro-Palestinian protesters interrupt Biden’s star-studded NYC fundraiser

Pro-Palestinian demonstrators interrupt President Biden’s celebrity-packed fundraising event at Radio City Music Hall. And, The Wall Street Journal marks one year of reporter Evan Gershkovich being held in a Russian prison. These stories and more highlight The Morning Rundown for Friday, March 29, 2024. Protesters interrupt Biden’s star-studded NYC fundraiser President Joe Biden, joined by…

Americans have a record amount of credit card debt, but rising debt can actually boost economic growth, at least for a little while.

Is higher credit card debt actually good for the economy?

Americans are facing a record amount of credit card debt in 2024 at more than $1 trillion total. Adjusted for inflation, WalletHub says credit card debt is about 10% below its peak, which Americans hit in 2008 during the Great Recession. However, WalletHub estimates growing balances this year could put the inflation-adjusted record in striking…

Higher interest rates and rising inflation in Japan are due to a tight supply chain, not due to rising demand.

Are Japan’s rising interest rates signaling a return to normal?

Japan raised interest rates for the first time since 2007 from -0.1% to a range of 0%- 0.1%, ending an era of negative interest rates that was initiated years ago to help stimulate its struggling economy. The move came in response to rising inflation and wages. Straight Arrow News contributor Peter Zeihan argues that while…

According to multiple members of Congress, the Oversight Committee's impeachment hearing could be described as a “clown show."

‘Clown show’: Congress surprised its approval rating is high as 12%

The House Oversight Committee held an impeachment hearing into President Biden on Wednesday, March 20. According to multiple members of Congress, the hearing could be described as a “clown show.” “It was a clown show man, you know that,” Rep. Tim Burchett, R-Tenn., said.   “The American people know that this has become a clown show,”…

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