Investment banker bonuses soar: Wall Street pay skyrockets in 2024
After two lackluster years, Wall Street bonuses are poised to jump in virtually every sector of the industry, with debt...
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Slower inflation, higher incomes, lower gas prices and a rising stock market—Americans are starting to like the economy
After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden’s political fortunes. A measure of consumer sentiment by the University of Michigan has jumped in the past two months by the most since 1991. A survey by the Federal Reserve Bank of New York found that Americans’ inflation expectations have reached their lowest point in nearly three years. And the same survey, released last week, found that the proportion who expect their...