Hank Tucker is a staff writer based in New Jersey who covers investing trends and Wall Street's difference-makers. He joined Forbes in 2019 and has also reported on the world's billionaires for Forbes' wealth team and was previously an assistant editor covering money and markets.
With JPMorgan leading the list, the United States has widened its lead as home to the world's biggest companies according to Forbes’ annual Global 2000 ranking. Strong U.S. markets should be thanked.hile Americans continue to grapple with high prices at the grocery store and the highest mortgage rates in more than two decades, the world’s largest economy is still proving to be as resilient as ever.
“In spite of the unsettling landscape, including last year’s regional bank turmoil, the U.S. economy continues to be resilient, with consumers still spending, and the markets currently expect a soft landing,” CEO Jamie Dimon wrote in his annual letter to shareholders. “By purchasing First Republic Bank, we brought much-needed stability to the U.S. banking system while allowing us to give a new, secure home to over half a million First Republic customers.
China’s southern neighbor is faring better, as India put 71 companies on the Global 2000, up from 55 last year to move past the United Kingdom and South Korea into the top five most represented countries. Its largest company, billionaire Mukesh Ambani’s conglomerate Reliance Industries, slotted in at No. 49 with $109 billion in 12-month sales and a $233 billion market cap. Life Insurance Corp. of India, which just went public in 2022 and debuted on the list last year at No.
S&P 500 Semiconductors Stocks Pfizer Nvidia Moderna Chinese Stock Market
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Out 2’s New Emotions Create A Major Problem For The First MovieRiley from Inside Out and Inside Out 2
Read more »
Inside the Crystal Matrix: New “X-Ray Vision” Technique Sees Inside CrystalsScience, Space and Technology News 2024
Read more »
Why Perplexity’s Cynical Theft Represents Everything That Could Go Wrong With AII am the chief content officer of Forbes Media and editor of Forbes Magazine, and believe strongly that entrepreneurial capitalism and market-based thinking can solve the world's problems. This is my second stint at Forbes -- between 1991 and 1997, I was a reporter, a staff writer (five cover stories), associate editor and Washington bureau chief.
Read more »
New Mexico Man Allegedly Tried to Burn Down Preschool with Children, Staff InsideJonathan A. Barajas Nava allegedly set the entrance of a California preschool on fire on April 24. Later that day, he allegedly started a fire at a strip mall.
Read more »
Here's the inside story of why Elon Musk fired the entire Tesla Supercharger staffGet in-depth info on the 2024 Tesla Model 3 including prices, specs, reviews, options, safety and reliability ratings.
Read more »
Forbes Technology CouncilSyed Ahmed's stories.
Read more »