The stakes are growing in the standoff in Washington over raising the nation's debt limit
Despite the first-quarter slowdown, consumer spending reflected confidence
Consumers face challenges in the second half of the year, including tighter credit and a weaker job market
The lawsuit, initially filed in September 2010, was set to go to trial next month
The job market is cooling but remains strong by historic standards
Reassure clients to keep them focused on their long-term objectives
Officials want to see inflation decline consistently before considering major policy shifts
Customers pulled out more than US$100 billion in deposits after SVB and Signature Bank failed
A strong rebound in China boosts first quarter growth
Toronto-based firm said it would use proceeds from the sale to pay down debt