U.S. Economy
3 stories related to this topic, newest first.
seekingalpha.comJPMorgan Chase Reports Strong First-Quarter 2026 Earnings Amid Economic Risks
JPMorgan Chase reported first-quarter 2026 earnings of $5.94 per share and revenue of $50.54 billion, surpassing Wall Street estimates. Fixed income trading revenue increased 21% to $7.08 billion, driven by activity in commodities, credit, currencies, and emerging markets. CEO Ja…
SemaforTreasury Secretary Bessent Addresses Fed Policy, Inflation Trends, and 2026 Growth Outlook at Semafor Event
U.S. Treasury Secretary Scott Bessent stated that the Federal Reserve should wait before lowering interest rates amid recent inflation data and the war in Iran. He described the economy as strong earlier in 2026 and expressed confidence that inflation will not embed into expectat…
benzinga.comU.S. March PPI at 4.0% Year-Over-Year, Misses 4.7% Forecast; IEA Projects Oil Demand Contraction in 2026
The U.S. Producer Price Index for final demand increased 4.0% year-over-year in March, missing the consensus estimate of 4.7%. Month-over-month, it rose 0.5%, under the expected 1.1%. Separately, the International Energy Agency stated global oil demand will contract in 2026.