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U.S. Economy

Wall Street Bank Bosses Warn Lawmakers of Economic Toll From Tough New Rules

The top bosses of JPMorgan, Morgan Stanley, Goldman Sachs and other major banks warned lawmakers Wednesday that capital hikes and other new regulations being contemplated by U.S. bank regulators will hurt lending, capital markets and the broader economy.

U.S. Economy

Bank of America, Deutsche Bank Predict Interest Rate Cuts in 2024

Bank of America (BOA) and Deutsche Bank (DB) both released outlooks Monday predicting the Federal Reserve will implement interest rate cuts next year

U.S. Economy

Leading Indicators Continue to Signal a Recession

A gauge of future economic activity declined in October, after falling in September, on worsening consumer expectations, the Conference Board reported on Monday.

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