CHICAGO – The Bank of America Chicago Marathon continues to contribute to Chicago ’s economy, with the 2016 race delivering an estimated $282 million in total business impact to the city. The findings come from the latest economic impact study reported today by Bank...
“We can expect a blistering dollar rally,” Ambrose Evans-Pritchard predicts in the Daily Telegraph. He bases his forecast on the rapid improvement in the condition of the US economy that is likely to shift the central bank towards earlier, tougher tightening of its...
Although lending to businesses is reaching record levels in the US, that should not be taken as evidence of strength in economic recovery, bankers are now warning privately “Much of the corporate lending is going to fund payouts to shareholders, finance acquisitions,...
US non-farm employment change and unemployment rate, January 2012 Further encouraging news on the health of the world’s largest economy came today as employment levels saw a strong boost and the unemployment rate fell back to its lowest since February 2009. Data...
