With the presidential election drawing near, a litany of data released this week shows the U.S. economy continues to climb out of the recession caused by the coronavirus pandemic, but progress is slowing.
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JPMorgan raises 2024 interest income forecast to US$91 billion
JPMORGAN Chase on Monday (May 20) raised its forecast for net interest income (NII), or the difference between what it makes on loans and...
Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
DEUTSCHE Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support...