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Higher labor costs bit into JPMorgan Chase's fourth-quarter results, but the US bank still reported record annual profits of $48.3 billion.
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Higher labor costs bit into JPMorgan Chase's fourth-quarter results, but the US bank still reported record annual profits of $48.3 billion.
The Omicron sweeps the U.S., empty supermarket shelves have become the sign of the pandemic's ongoing disruption to the supply chains.
The US economy ended 2021 on a sour note with a worse-than-expected employment report.
American consumers ramped up spending in November but at a slower pace than the prior month, while prices continued to march upward.
Europe's stock markets firmed in low-volume festive trade, as investors mulled the Omicron coronavirus outlook and US economic data.
The Omicron variant of Covid-19 could slow the recovery of the US economy and labor market and also heighten uncertainty regarding inflation, Federal Reserve...
Orders for big-ticket manufactured goods declined in the United States in October.
With US prices rising at a rate not seen in decades, President Joe Biden’s administration is looking for ways to turn the tide. From...
Blockbuster job creation helped push US stocks to new records with the tech-heavy Nasdaq smashing through the 16,000 point level.
Private businesses hired 571,000 workers in October, payroll services firm ADP reported. The sign that the US economy is bouncing back.