Wall Street Stock Market Declines Amid Inflation and Geopolitical Concerns: JPMorgan Chase Shares Drop Over 6%

Wall Street Stock Market Declines Amid Inflation and Geopolitical Concerns: JPMorgan Chase Shares Drop Over 6%

Jakarta, CNBC Indonesia – In line with increasing concerns about inflation and the geopolitical situation, the Wall Street stock market lost again in Friday’s trading. The decline in shares of major banks also put additional pressure on the market. The Dow Jones Industrial Average fell 475.84 points, or 1.24%, to close at 37,983.24. The S&P … Read more

Skrekas on inflation: “The measures worked, zero price increases” – 2024-04-14 03:01:10

Skrekas on inflation: “The measures worked, zero price increases”
 – 2024-04-14 03:01:10

The government is focusing on measures that will bring the industry closer to the market in the immediate future, as noted by the Minister of Development Kostas Skrekas speaking at the 9th Delphi Economic Forum. The minister referred to the necessity of training and education programs related to necessary skills and underlined that emphasis is … Read more

ELSTAT: Inflation rose to 3.2% in March – Rise in food as well – 2024-04-13 07:05:52

ELSTAT: Inflation rose to 3.2% in March – Rise in food as well
 – 2024-04-13 07:05:52

Inflation was 3.2% in March, from 2.9% in February, according to ELSTAT. At the same time, food inflation “ran” at a rate of 5.3% from 6.7% in the previous month. However, on a monthly basis, food inflation recorded a slight drop of 1.1% from February to March. Based on the fact that March was the … Read more

Hatzidakis: Package of measures 870 million euros – Reduction of contributions, increase of pensions in 2025 – 2024-04-12 21:05:31

Hatzidakis: Package of measures 870 million euros – Reduction of contributions, increase of pensions in 2025
 – 2024-04-12 21:05:31

At the 9th Delphi Economic Forum, the Minister of Economy and Finance Kostis Hatzidakis, guest of Mr. Dimitrelis, director of capital.gr, spoke, stressing that “We will continue our serious and responsible fiscal policy”. Mr. Hatzidakis announced a total of 870 million euros in tax reliefs and reductions in 2025, which will result as follows: The … Read more

US Inflation Rises in March, Raises Doubts Over Fed Interest Rate Cuts: Wall Street Journal Report

US Inflation Rises in March, Raises Doubts Over Fed Interest Rate Cuts: Wall Street Journal Report

Annual inflation rose in March and underlying price pressures remained strong, raising questions about how much the US Federal Reserve will be able to cut interest rates this year. The Wall Street Journal Edition writesthat the consumer price index – a measure of prices for goods and services – rose 3.5% in March compared with … Read more

New York Stock Exchange Mixed on Tuesday Ahead of Crucial Inflation Indicator Publication

New York Stock Exchange Mixed on Tuesday Ahead of Crucial Inflation Indicator Publication

The New York Stock Exchange is moving in a mixed order on Tuesday, shortly after opening in the green, reluctant to take a clear direction before the publication of a crucial inflation indicator (CPI) on Wednesday. Around 2:00 p.m. GMT, the Dow Jones lost 0.15%, the Nasdaq index gained 0.33% and the broader S&P 500 … Read more

the six-month interest rate falls to 3.6% and is below 3.45% at one year

the six-month interest rate falls to 3.6% and is below 3.45% at one year

This Tuesday, the Spanish Public Treasury placed 5,231.93 million euros in short-term debt, in the expected medium-high range. On this occasion, the agency dependent on the Government (more specifically, the Ministry of Economy, Commerce and Business) has offered less profitability for both six-month and 12-month bills. Investors anticipate that the European Central Bank (ECB) will … Read more

McDonald’s Prices Soaring in the US: A Look Back at Cheaper Days in 2018

McDonald’s Prices Soaring in the US: A Look Back at Cheaper Days in 2018

09.04.2024 11:01 | Monitoring Do you remember how much you ate at McDonald’s in 2018? In the US they remember. At that time, there was still a so-called dollar menu. When did you get a McChicken sandwich for one dollar, then CZK 21.75. Since then, McDonald’s has become more expensive for Americans. Several times. Even … Read more

Stock Indexes Rise Despite Concerns Over Interest Rate Cut Delay – Market Analysis

Stock Indexes Rise Despite Concerns Over Interest Rate Cut Delay – Market Analysis

Major U.S. stock indexes opened higher on Monday (8th) as most large-cap stocks rose. However, rising bets that the U.S. central bank may delay an interest rate cut this year and rising U.S. bond yields limited gains in major stock indexes. before deadline,Dow Jones Industrial Averagerose more than 100 points or nearly 0.3%,Nasdaq Composite Indexrose … Read more

JPMorgan Chase CEO Jamie Dimon warns of geopolitical risks and inflation in annual shareholder letter

JPMorgan Chase CEO Jamie Dimon warns of geopolitical risks and inflation in annual shareholder letter

The Nation’s Most Influential Banker, Jamie Dimon, Addresses Economic and Political Risks The nation’s leading banking executive, Jamie Dimon, speaks on U.S. economic resilience The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, recently shared his optimism about the U.S. economy in his annual shareholder letter. Dimon affirmed his belief in the economy’s resilience … Read more