Dr. Vince Malanga, president of LaSalle Economics, notes the potential economic scenario where economic growth stabilizes between 1.5% and 2% while inflation remains persistently between 2.5% and 3%.
Consumer companies ticked up as traders weighed mixed earnings and economic data. American Airlines Group posted higher-than-expected results in its latest quarter but its stock price took a hit after ...
Stocks today are slightly lower on mixed economic news and higher bond yields. Stocks have some carryover support from Wednesday when the US December consumer price report showed an unexpected ...