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Biggest U.S. banks smash profit estimates as economy revives
The four largest U.S. consumer banks posted blockbuster second-quarter results this week.
BlackRock’s Fink Raises Salaries 8% While He Eyes Inflation
BlackRock Inc. Chief Executive Officer Larry Fink says he sees the highest U.S. inflation in recent memory as more than a transient phenomenon.
Bank of America focuses on loan growth as rate hikes fade into the distance
Bank of America Corp shares tumbled on Wednesday after the second-largest U.S. lender detailed its sensitivity to low interest rates.
Fed's Powell keeps to script on jobs recovery, feels heat on inflation front
Powell on Wednesday pledged "powerful support" to complete the U.S. economic recovery from the coronavirus pandemic.