Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
This chart shows the dramatic shift in global manufacturing over 30 years. The U.S. isn’t at the top.
China is at the heart of longer-term economic security concerns that could keep global trade conflicts going, says Deutsche Bank.