US bank profits are experiencing a significant surge. In the first quarter of 2024, they jumped 79.5 percent to $64.2 billion.

US bank profits surge 79.5% to $64.2 billion in Q1 2024

The US Economy continues to expand, with data from early April to mid-may showing ongoing growth. However, a key fed report reveals a concerning trend - businesses are growing more pessimistic despite the positive data.

US Economic activity expands, but pessimism & uncertainty rise

Lebanon has decided to restart its economy from Monday onwards. Prime Minister Hassan Diab announced about this after a four-day shutdown imposed after a surge in coronavirus cases threatening a second wave to the country.

Lebanon to restart economic re-opening from Monday after coronavirus lockdown

Senior Congress leader and former finance minister P Chidambaram on Monday urged the government to allow operation of road and air transport, saying it was the only way economic and commercial activities can effectively resume.

Make modest opening of road, air transport to start economic activity: Chidambaram

Economists surveyed by Bloomberg News had expected growth of 7.1 per cent for July after industrial production expanded by 7.6 per cent in June

China industrial output slows sharply in July

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