[ad_1] JPMorgan Chase (JPM) CEO Jamie Dimon said the Trump administration’s new tariffs will produce short-term inflation and "slow down growth" but whether they cause a recession "remains in question." He made the remarks in a new 59-page shareholder letter on Monday, where he warned of the many uncertainties from the sweeping trade policies on investments, capital flows, corporate confidence, and the US dollar. "The quicker this issue is resolved,
[ad_1] By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's mortgage market, for years almost non-existent due to spiraling triple-digit inflation and high borrowing costs, is starting to show signs of coming back to life under the pro-market reforms of libertarian President Javier Milei. Monthly new mortgages in Buenos Aires province, home to 40% of the country's population, hit the highest level since 2018 at the start of the year, data
[ad_1] (Reuters) - U.S. President Donald Trump's bruising blast of tariffs last week has thrown emerging market central banks a fresh curve ball with many now forced to make the tough choice between supporting economic activity and keeping fragile currencies stable. Economies such as India and Indonesia had until now taken a cautious approach to interest rate cuts, keen to avoid the kinds of market meltdowns that have roiled their
[ad_1] A highway in Glendale, Kentucky, was submerged under floodwater on Sunday, April 6, as dangerous and historic flooding swept through parts of the state.The National Weather Service issued a flood warning valid until Thursday morning, April 10.The Kentucky River was predicted to peak at 49.5 feet on Sunday afternoon – the highest recorded level in history.Drone footage released by the Hardin County Sheriff’s Office shows the extensive flooding at
[ad_1] (Bloomberg) -- European stocks tumbled, dropping to the lowest since January 2024 on the back of Donald Trump’s tariff announcements. Most Read from Bloomberg The Stoxx Europe 600 Index sank as much as 6.5%, extending losses after its biggest weekly decline since March 2020. The gauge was trading 5.6% lower as of 10:00 a.m. in London, marking a level last seen at the beginning of 2024. The DAX was
[ad_1] A former bodyguard to David and Victoria Beckham has been found dead in Spain after being reported missing.Craig Ainsworth, 40, who also worked with stars including Tom Holland, Johnny Depp, Jennifer Lawrence and Arnold Schwarzenegger, was a decorated ex-Royal Marine believed to be struggling with post-traumatic stress disorder (PTSD).His mother, Sally, confirmed the heartbreaking news in a post shared on social media over the weekend.She had earlier issued an
[ad_1] PESHAWAR, Pakistan (AP) — Pakistani security forces raided a militant hideout in the restive northwest near the Afghan border, killing nine militants, the military said Monday.The military said in a statement that a high-value militant Shireen was among those insurgents killed in Dera Ismail Khan, a city in Khyber Pakhtunkhwa province.All the militants who were killed were the "Khwarij,” a phrase the government uses for Pakistani Taliban, and Shireen
[ad_1] Junior Saunders, a 53-year-old waiter from Bristol, used £8,000 saved from tips to fund GCSE Boost, a wellbeing and careers event for students. The event, aimed at helping young people with their exams and mental health, saw nearly 2,000 students attend. Junior, who faced challenges growing up in foster care, wanted to give back by offering support to students, especially after mental health issues rose during lockdown. With plans
[ad_1] Many schools across the UK finished for the Easter holidays on Friday 4 April, with most planning holidays right through to Easter Monday, 21 April. Over the holidays, there will be severe delays on some roads and motorways.Key intercity rail links will be interrupted by planned Network Rail engineering work, especially over Easter. Airlines are warning of the most delayed flights in a quarter-century, as air traffic control centres
[ad_1] Birmingham has been revealed as the noisiest city in the UK, according to a poll. The Midlands city took the top spot, narrowly beating Bradford and Liverpool, which ranked second and third respectively, in a survey of over 2,000 city dwellers. Other cities making a racket include Cardiff, Coventry, Leeds, and Newcastle, with Derby placing eighth. Rounding out the top 10 are Nottingham and London. The research was commissioned
