Consumer spending stalled as incomes dropped for a second month and inflation posted a sizeable gain
The banks can resume paying out dividends to investors and buying back stock
The coming year could prove to be the strongest for the U.S. economy in decades, say economists
Several banks will require documented proof or declaration of vaccination
The Federal Reserve may act sooner than planned to start dialing back low-interest rate policies
No one wants to relive the double-digit inflation of the 1970s, Yellen told the Senate Finance Committee on Wednesday
Spending is expecting to shift to services from goods through the rest of the year
Although U.S. stocks have performed well, valuations are looking pricey
The U.S. saw inflation rise by 5% over the last 12 months, the biggest jump since 2008
The central bank can help assess risks, but Fed chair Jerome Powell said the private sector, elected officials must take the lead