JPMorgan Profit Surges Nearly Five-fold in Q1Economy

JPMorgan Profit Surges Nearly Five-fold in Q1

JPMorgan Chase & Co’s earnings have soared almost five-fold or 400% in the first quarter. It blew past estimates as…

Airlines Could Use EU COVID Pass this SummerEconomy

Airlines Could Use EU COVID Pass this Summer

Airlines could check new European Union COVID certificates of onboard passengers before allowing them to go on summer holidays. This…

White House Seeks Bipartisan Infrastructure PushEconomy

White House Seeks Bipartisan Infrastructure Push

U.S. President Joe Biden was under pressure on Monday as lawmakers return from their spring break to deal with his…

Biden’s First White House Budget ProposalEconomy

Biden’s First White House Budget Proposal

 U.S. President Joe Biden will release his first budget proposal to the U.S. Congress on Friday. Nearly three months in…

Biden’s Tax Plan; Jobless Claims Due; Stocks to Open HigherEconomy

Biden’s Tax Plan; Jobless Claims Due; Stocks to Open Higher

U.S. President Joe Biden’s plans to tax companies more are turning out softer than he previously suggested during his election…

Erdogan, Resolved to Cut Rates and Build Istanbul ChannelEconomy

Erdogan, Resolved to Cut Rates and Build Istanbul Channel

President Recep Tayyip Erdogan said the Turkish government is determined to bring down interest rates. Moreover, it will pull inflation…

Regulator Tells G20 to Get COVID Relief Exit Plan ReadyEconomy

Regulator Tells G20 to Get COVID Relief Exit Plan Ready

The Financial Stability Board (FSB) said the speedy, sizeable and sweeping measures introduced by governments in the past year have…

Inflation in Turkey Accelerates for 6th Consecutive MonthEconomy

Inflation in Turkey Accelerates for 6th Consecutive Month

For six months in a row, inflation in Turkey has sped up in March while the weak Turkish lira drove…

Strong U.S. Employment Growth Likely in MarchEconomy

Strong U.S. Employment Growth Likely in March

United States employers presumably stepped up hiring in March as there have been increased vaccinations, in addition to pandemic relief…

Suez Blockage may Lead to Large Reinsurance ClaimsEconomy

Suez Blockage may Lead to Large Reinsurance Claims

The blockage of the Suez Canal is likely to lead to large reinsurance claims,  said James Vickers, chair of reinsurance…