Financial centers play a major role in shaping the global economy. They are home to the world’s leading financial institutions, markets, and services...
Category - US Economy
For the last 25 years, the United States has had chronic budget deficits. The only exception was in 2001. Since then, the US government has run a persistent...
The trade between the United States and the European Union involves hundreds of billions of dollars every year. In 2024, the U.S. imported around $605.8...
When it comes to how much Americans earn per hour, the numbers vary a lot from one state to another. According to the U.S. Bureau of Labor Statistics (April...
Every year, the U.S. government sets a budget to outline how much it plans to spend and where that money will come from. In the US federal budget 2025, the...
The US China tariff war flared up once again following the start of President Trump’s second term. Beginning in early February, both nations started imposing...
The U.S. dollar has been the world’s most powerful currency for a long time. It holds the top position across many important areas of global finance...
The United States continues to hold the largest national debt in the world, which has surpassed $36 trillion. A major portion of this debt is funded through U...
The Trump administration imposed reciprocal tariffs on a wide range of countries. While Trump pauses tariffs for most countries for 90 days, the tariffs on...
Recent data from J.P. Morgan Asset Management provides valuable insights into how stocks and bonds have performed during some of the worst recessions over the...
