Tag: US

Ukraine’s Economic Arteries Fear for a Worst-Case Scenario

(Bloomberg) — From her office across from the wind-lashed docks and idle cranes of Berdyansk Commercial Sea Port in southeastern Ukraine, new director Olga Saminina is frank about its prospects: Zero, without state support and new clients.Most Read from BloombergPowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingA Nor’easter Approaching New York Risks Becoming a Bomb CycloneStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapAstronomers Spot Never-Before Seen Object at 4,000
— Read on ca.finance.yahoo.com/news/ukraine-economic-arteries-fear-worst-063355139.html

Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year

JPMorgan is the biggest U.S. bank by assets and has relationships with half of U.S. households.
— Read on www.cnbc.com/2022/01/10/jamie-dimon-sees-the-best-economic-growth-in-decades-more-than-4-fed-rate-hikes-this-year.html

Congress sends Biden $2.5T debt limit hike, avoiding default

WASHINGTON (AP) — Congress averted a catastrophic debt default early Wednesday morning after Democratic majorities in both chambers voted to send a $2.5 trillion increase in the nation’s borrowing authority to President Joe Biden over lockstep Republican opposition. Capping a marathon day, the House gave final approval to the legislation early Wednesday morning on a near-party-line 221-209 vote, defusing a volatile issue until after the 2022 midterm elections. The action came just hours shy of a
— Read on ca.finance.yahoo.com/news/congress-sends-biden-2-5t-063524290.html