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Bank of America's shares rally on Federal Reserve's rate cut delay expectations, supported by a resilient U.S. Read more on BAC stock here.

But their cash can only go so far, warns Bank of America CEO Moynihan, who has alerted Fed chairman Jerome Powell not to "overshoot" on his policies to wrangle inflation back down ...

Unemployment in Bartholomew County increased in February, while the labor force shrunk, according to figures released Monday by the Indiana Department of Workforce Development.

The unemployment rate went up in all but three states over the past year as President Joe Biden continues to boast about his handling of the economy.

Despite recent bumpy inflation readings, consumers feel price increases will continue to fall in the year ahead.

Large banks, including Bank of America, derive significant revenues from investment ... He notes that inflation is mounting and that unemployment numbers speak to an unusually strong labor market.

The US Dollar Index (DXY) initially soared to 104.70 but then stabilized at 104.50. On the positive side, Gross Domestic Product (GDP) revision and strong weekly Initial Jobless Claims figures from ...

The Euro US dollar exchange rate is losing ground this morning as hawkish Federal Reserve commentary buoys the ‘Greenback’.

Analysts polled by Reuters had expected that figure to rise by 10,000. The seasonally adjusted jobless rate remained stable at 5.9%. "Unemployment and underemployment did fall in March, but less than ...

Central bank says private equity sector plays important role in channelling finance to economy ...

Amid historically low unemployment and persistent labor shortages, it is ludicrous to claim that migrants are “taking away” American jobs ... Krueger, a former World Bank chief economist and former ...

But by now, investors know that even if AI is in a frenzy right now, the theme is here to stay. And our call of the day from a team of Citigroup strategists led by Drew Pettit say it’s “time to buy ...

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