Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Unemployment dips in Latin America in 2024, but inequality gap grows, ILO says
Unemployment in Latin America and the Caribbean likely fell in 2024, but the inequality gap continued to widen, the ...
Bank of America CEO Brian Moynihan: Our research team has taken all rate cuts off the table
CNBC's Leslie Picker sits down with Bank of America chair and CEO Brian Moynihan to discuss expectations for rates, the ...
Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown
WASHINGTON (AP) — President Donald Trump is taking additional action to upset the world trade system, with plans to sign an ...
Trump blames familiar economic villain as inflation ticks upward
After new estimates for inflation were released Wednesday by the Bureau of Labor Statistics, President Donald Trump cast ...
Earnings call transcript: America Movil Q4 2024 sees revenue surge, net income drops
America Movil (NYSE:AMX) (AMOV) reported significant revenue growth in the fourth quarter of 2024, driven by increased service revenue and strategic investments in 5G networks. However, the company's ...
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Mandy DeFilippo named Standard Chartered’s US and Americas CEO
DeFilippo’s appointment comes after British peer HSBC also named a woman as U.S. CEO, and after U.S. Bank announced its next CEO will be a woman.
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Republicans think economy will improve over the next year, Democrats expect it to get worse
About three-quarters of Republicans (73%) expect the economy to be better a year into President Donald Trump’s second term, ...