Tag: finance

India central bank holds rates as Mideast crisis clouds growth, stokes inflation risks

Japan business mood worsens, bankruptcies seen rising as Iran war lifts costs

Last week’s Bureau of Labor Statistics jobs report for March provided markets with some much-needed good news. Analysts at Bank of America noted that while the news is positive, the economy still has much work to do to return to healthy growth. After weeks of war…

With oil prices surging past $100 per barrel and the Strait of Hormuz effectively closed, the Trump administration reached for an unusual lever. It decided to use Iran’s own oil against it. Treasury Secretary Scott Bessent told Fox Business Network’s “Mornings with Maria” that the U.S…

An estate attorney probably told you that an irrevocable trust could never be altered once the ink dried on the final signature page. However, Bank of America Private Bank warns that this widely held assumption is one of the most costly mistakes families make in estate planning today. …

It doesn’t take a Bank of America analyst to know that gas prices are rising sharply across America as the country begins the second month of its war with Iran. Still, new analysis from the firm shows that while consumers are using their cards more since the war started…

Analysis-Central banks’ inflation mood puzzle: more judgment than science

Global central banks mostly on hold as war muddies economic outlook

As tax refunds roll in this year, early data from the IRS is starting to paint a clear picture. The average refund has climbed to $3,571, up nearly 11% from the $3,221 average at the same point last year, according to IRS filing statistics. Treasury Secretary Scott Bessent revealed last week that …

As restaurant closures rise across the U.S., plant-based concepts are facing even steeper challenges and shutting down at a rapid rate. Rising food and labor costs, high rents, and more cautious consumer spending have strained even established brands in the post-pandemic economy. But for vegan and …