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M&T Bank increases spending on employees

M&T Bank Corp. spent $1.8 billion on salaries and benefits in 2018, boosting wages for more than half of the employees and expanding the workforce......»»

Category: topSource: bizjournalsMar 15th, 2019

Fed Should Raise Rates for the Next Year or Two, Brainard Says

Fed governor Lael Brainard said recent tax cuts and government-spending increases have likely created a need for higher interest rates, saying the central bank should continue gradually raising rates for the next year or two......»»

Category: smallbizSource: wsjSep 12th, 2018

Fed"s Rosengren: Fiscal Policy Might Not Help in Next Downturn

Federal Reserve Bank of Boston President Eric Rosengren warned that recently passed tax cuts and spending increases are raising risks that authorities won’t have a full tool kit to counter the next downturn......»»

Category: smallbizSource: wsjApr 13th, 2018

Ahead of Amazon vote, Briley announces pay raises for Metro employees

Mayor David Briley is guaranteeing Metro employees the cost-of-living wage increases that city officials were forced to repeal during last year's contentious budget discussions. Briley's office announced officials have secured the $18 million needed .....»»

Category: topSource: bizjournals12 hr. 3 min. ago

US construction spending increases strong 1.3 percent in January, best showing in 9 months

US construction spending increases strong 1.3 percent in January, best showing in 9 months......»»

Category: topSource: foxnewsMar 13th, 2019

U.S. business spending on equipment increases strongly in January

New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, pointing to solid business spending on equipment at the start of the year......»»

Category: topSource: reutersMar 13th, 2019

JPMorgan"s Chase plans to add up to 90 branches, hire up to 700 employees by year-end

JPMorgan's retail bank Chase said Wednesday it is planning to open up to 90 n.....»»

Category: topSource: marketwatchMar 13th, 2019

Wall Street"s new dress code raises question: What to wear?

Goldman Sachs pinned a poll to its Twitter account asking what its employees should wear to work now that the investment bank has relaxed its dress code......»»

Category: topSource: moneycentralMar 8th, 2019

Wall Street"s new dress code raises question: What to wear?

Goldman Sachs pinned a poll to its Twitter account asking what its employees should wear to work now that the investment bank has relaxed its dress code......»»

Category: topSource: foxnewsMar 8th, 2019

Wells Fargo officials enter $240M settlement over bogus accounts

Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: moneycentralMar 1st, 2019

Wells Fargo officials enter $240 million settlement over bogus accounts

Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: reutersMar 1st, 2019

Wells Fargo officials make $240M settlement over bogus accounts

Wells Fargo & Co officials have reached a record $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: moneycentralMar 1st, 2019

Wells Fargo officials make $240M settlement over bogus accounts

Wells Fargo & Co officials have reached a record $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: moneycentralMar 1st, 2019

Wells Fargo officials make record $240 million settlement over bogus accounts

Wells Fargo & Co officials have reached a record $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: reutersMar 1st, 2019

Fed"s Powell: "Muted" inflation gives room for wages to rise

A rise in productivity last year gives more room for wages to grow without the risk of higher inflation, Federal Reserve Chairman Jerome Powell said on Thursday, offering another reason why the U.S. central bank can hold off on further rate increases......»»

Category: topSource: reutersFeb 28th, 2019

BookWatch: The right way to attack the budget deficit is to cut spending, not to raise taxes

Politicians of all stripes are wrong to argue that government debt isn’t really a problem and that the U.S. shouldn’t be too concerned if it increases......»»

Category: topSource: marketwatchFeb 22nd, 2019

Slight economic slowdown gives Fed reason to pause interest rate increases

A summary of the Federal Reserve’s most recent meeting also shows the central bank this year will stop shrinking the asset portfolio that it accumulated as part of its rescue of the U.S. economy following the financial crisis......»»

Category: topSource: washpostFeb 21st, 2019

Investors Sound Warning About Markets" Complacency on Rates

Stocks and bonds are rising on bets the Fed has ended its interest-rate increases, worrying investors who believe the central bank could upend those expectations later this year......»»

Category: asiaSource: wsjFeb 20th, 2019

US Consumers Forecast More Spending

US consumers expect to spend more money in Y 2019 than they did a year ago, data from the Federal Reserve Bank of New York revealed in a report Tuesday. Househ.....»»

Category: topSource: livetradingnewsFeb 19th, 2019

U.S. consumers forecast more spending than a year ago: NY Fed

U.S. consumers expect to spend more money in 2019 than they did a year ago, data from the Federal Reserve Bank of New York showed on Tuesday......»»

Category: topSource: reutersFeb 19th, 2019

The VC Bubble Just Burst: Soft Bank"s Top 2 Investors Complain About Overpayment For Tech Companies

After venture capital spending hit an all-time high in 2018, evidence that the VC bubble may f.....»»

Category: blogSource: zerohedgeFeb 18th, 2019