The bank's net profit fell 53% in 2019
Judy Shelton has been a skeptic of the need for the Fed’s independence
Trump has called Fed officials “boneheads” for not continuing to cut rates
Last month, 61.2% of American adults had jobs
The organization sees world economic growth accelerating over the next two years
After a slow start to the holiday shopping season, sales rose 0.3% in December
Analysts forecast a fourth straight quarter of falling profits
The asset manager is exiting investments in coal used to generate power and asking clients to disclose climate risks
Consumer spending appeared to aid gains in the retail and hospitality sectors
Policymakers felt that the risks of a trade war and a disruptive Brexit had diminished