As the Fed's rate hikes take effect, they will make it increasingly expensive to spend and hire
The regulator added 20 staffers to its crypto enforcement team
Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth
Inflation and the war in Ukraine may curb consumer spending this year
Loan growth, margin expansion and trading powered U.S. banks' results
Financial markets now foresee much steeper rate hikes than Fed officials signaled as recently as last month
In a speech on Thursday, the U.S. Treasury Secretary also advocated for maintaining the dollar's prominence
The firm's U.S. assets are expected to reach US$133 billion on closing of recent deals
Unemployment dropped to its lowest rate since the pandemic erupted
Higher prices and the war in Ukraine contributed to a decline in the six-month outlook