Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce
Energy and housing prices fuelled the increase
December marked the 23rd straight month that joblessness has remained below 4%
Month-over-month drop was the largest since April 2020
Unemployment has since increased in Canada, but declined in the U.S.
Foreign exchange gains offset by equity, bond market weakness
The stickiness of inflation in the service sector will likely keep the Federal Reserve on guard
Employers are finding it easier to hire, with fewer complaints of worker shortages and less pressure to raise pay
Technical recession remains a distinct possibility, SIFMA survey finds
Justices voiced concerns that a case challenging a provision of the 2017 tax bill would threaten other provisions of the tax code