Bank of America CEO Brian Moynihan says confident consumers are spending 5.5% more this year
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America CEO Brian Moynihan said Wednesday...
The Fed is expected to hold rates steady and vow to keep short-term lending markets stable
Federal Reserve Board Chairman Jerome Powell holds a news conference on October 30, 2019 in Washington, DC. ERIC...
US consumer prices increase more than expected in November
U.S. consumer prices rose more than expected in November, which could further support the Federal Reserve’s intention not...
US productivity was weak in the third quarter, while labor costs were revised lower
U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed,...
The Fed will stay in hibernation until at least summer: CNBC survey
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the NABE annual meeting in Denver, Colorado, U.S.,...
Jobs growth soars in November as payrolls surge by 266,000
The jobs market turned in a stellar performance in November, with nonfarm payrolls surging by 266,000 and the...
Biden says Trump’s pressure on the Federal Reserve is an abuse of power
President Donald Trump’s attacks on the Federal Reserve and its chairman, Jerome Powell, are an abuse of power...
The US cities where robots are impacting jobs the most
The use of robots in U.S. workplaces has more than doubled since the Great Recession, but the impact...
US trade deficit drops in October to lowest level in more than a year
Cargo ships sit docked at the Port of Savannah in Georgia Ty Wright | Bloomberg | Getty Images...
US weekly jobless claims drop to seven-month low
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, hitting their lowest level in...
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