Banking FeaturedSVB crash: More banks to fail despite Joe Biden government intervention, says Bill AckmanIFM CorrespondentMarch 16, 2023March 17, 2023 by IFM CorrespondentMarch 16, 2023March 17, 2023 Bill Ackman slammed the Joe Biden government's response while predicting an economic disaster to occur... Read more
Economy FeaturedUS’ inflation fight: What lies ahead?WebAdminNovember 18, 2022November 17, 2022 by WebAdminNovember 18, 2022November 17, 2022 Inflation has been there in the United States and it has been at its highest since 2021... Read more
Economy MagazineUS households sinking in debtIFM CorrespondentOctober 31, 2022February 22, 2023 by IFM CorrespondentOctober 31, 2022February 22, 2023 The total household debt in the US has increased by more than USD 2 trillion since the fourth quarter of 2019, right before the pandemic started... Read more
Featured IndustryUnited States to witness biggest labor crisisPrajwal WeleOctober 6, 2022 by Prajwal WeleOctober 6, 2022 From February 2020 to the present, the hospitality and leisure sector in the United States has lost 1.2 million jobs... Read more
Economy FeaturedWill United States economy stay superior to Chinese economy?WebAdminOctober 3, 2022 by WebAdminOctober 3, 2022 Researchers argue the significance of GDP rankings and wonder if anything will change even if China overtakes the United States... Read more
Banking FeaturedHome mortgage rates skyrocket in United States as inflation soarsWebAdminSeptember 28, 2022September 27, 2022 by WebAdminSeptember 28, 2022September 27, 2022 The Labor Department reported in mid-September that United States consumer prices increased by 8.3% in the year ending in August... Read more
Featured MarketsEmerging markets to face the brunt after US inflation surpriseWebAdminSeptember 27, 2022September 27, 2022 by WebAdminSeptember 27, 2022September 27, 2022 According to Ritika Chhabra, an economist and quantitative analyst at Prabhudas Lilladher, US inflation increased in August, rising to 8.3% y-o-y from the expected 8.1%... Read more
Economy FeaturedAmericans finally learn to deal with InflationWebAdminSeptember 22, 2022September 21, 2022 by WebAdminSeptember 22, 2022September 21, 2022 A number of indications, including a Gallup survey revealed that 56% of Americans believe inflation is a hardship... Read more
Economy FeaturedNancy Pelosi’s Taiwan visit: Will global economy face another meltdown?IFM CorrespondentAugust 8, 2022August 6, 2022 by IFM CorrespondentAugust 8, 2022August 6, 2022 It is assumed that China will put on a show of power following Nancy Pelosi's visit to Taiwan.... Read more
Banking and Finance FeaturedRising inflation: Credit cards come to the rescue of AmericansIFM CorrespondentAugust 4, 2022 by IFM CorrespondentAugust 4, 2022 Researchers for the New York Fed credit card balances climbed by USD 46 billion, or 5.5% from the first quarter.... Read more