Financial assets are concentrated among the few
Large U.S. alt firms see huge growth potential in retail investors
Meanwhile, inflation over the past 12 months hit its fastest pace in three decades
The change reflects a sustained consumer-led rebound, now threatened by the delta variant
Hiring strengthens to meet rising consumer demand
The unemployment rate dropped to 5.4%, as the U.S. economy bounces back
The economy is expected to expand as much as 7% this year, though a resurgent virus could interfere
More progress is needed on employment, price stability before tapering bond purchases, Powell says
The measures would seek to avoid an unprecedented default on U.S. national debt
Trading revenues plunge from 2020 highs, but investment banking provides some solace