U.S.

BofA hit with $250 million in fines and customer refunds for “double-dipping” fees, fake accounts

BofA has been cutting down on its reliance on overdraft fee revenue

By The Associated Press |July 11, 2023

3 min read

U.S. job openings dip to 9.8 million but remain high, showing resilience in labour market

The job market's sturdiness has raised doubts about whether a downturn is inevitable

By Paul Wiseman, The Associated Press |July 6, 2023

2 min read

Wall Street still wondering if recession is in the cards

Here's a look at the arguments for the upside and downside

By Stan Choe, The Associated Press |June 29, 2023

4 min read

U.S. economic growth last quarter is revised up sharply to 2%

Consumers continue to spend despite rising borrowing costs

By Paul Wiseman, The Associated Press |June 29, 2023

2 min read