Big Banks are Seeing a Resilient US Consumer
Leaders of the biggest financial institutions in America are calling out a resilient consumer and economy in their second quarter earnings reports.
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Bank of America Says Earnings Season Is Off to a Better-Than-Average Start
Corporate America’s initial stretch of earnings releases delivered results that surpassed the historical norm for the quarter’s kickoff.
Americans Haven't Felt This Good About the Economy in Almost Two Years
A commonly followed measure of consumer confidence in the US economy just increased to the highest level since September 2021.
Apollo’s Chief Economist Says a ‘Default Cycle’ Has Begun Due to Fed Hikes
Corners of the consumer and corporate market are beginning to feel the pain from the Federal Reserve’s ultra-aggressive rate hikes.
The US Economy Keeps Growing, but the Vibes are Still Off: Morning Brief
The recession many feared would befall the US economy still isn't here. But a "vibecession" continues to linger.
The Earnings Recession is Here, and it's About to Get Even Worse
Second quarter earnings season begins in earnest this week, and the forecast is rather bleak.
China Slides to Brink of Deflation, Adding Stimulus Urgency
China’s consumer inflation rate was flat in June while factory-gate prices fell further, fueling concerns about deflation risks.
