Bank of America’s Markets Unit Eyes 13th Straight Revenue Gain
Bank of America's markets division expects to achieve its 13th consecutive quarter of revenue growth according to CEO Brian Moynihan...
Economics
US Inflation Expectations Dip as Consumer Confidence Rises
The New York Fed survey from Monday showed Americans becoming more optimistic about inflation and their financial situation during May...
Wall Street Rises as Jobs Report Eases Recession Fears
Stock prices in the United States experienced a positive movement on Friday because the strong May employment data reduced market...
US Holds Back on Labeling China Currency Manipulator
The U.S. Treasury avoided labeling China as a currency manipulator in its recent congressional report while strongly condemning Beijing for...
Trump’s Tariffs May Slash Deficit but Hurt Growth
The Congressional Budget Office (CBO) predicts that President Donald Trump's extensive tariff plan will decrease the federal deficit by $2.8...
ECB Poised to Cut Rates as Trump Tariffs Loom
The European Central Bank will probably lower interest rates by 0.25 percentage points on Thursday as European growth remains modest...
Germany Pushes Tax Cuts to Revive Slumping Economy
The new German government presented a comprehensive economic growth initiative on Wednesday to revitalize its declining economy which has experienced...
US and EU Struggle to Bridge Trade Divide in Paris
European and U.S. trade negotiators gathered in Paris this week to address their ongoing tariff disputes but failed to achieve...
Indonesia Offers Tariff Concessions Before U.S. Talks
The Indonesian government plans to provide tariff benefits to U.S. imports before starting new trade negotiations which will begin in...
Trump’s Steel Tariffs Could Push Up Grocery Prices
The decision made by President Donald Trump to increase steel and aluminum import tariffs to 50% will create new price...
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