The construction of enormous skyscrapers has an "unhealthy" link with looming financial crises and investors should therefore keep a close eye on China and India, Barclays Capital said on Wednesday.
(Reuters) - Bank of America Corp said it is cutting 30,000 jobs in the coming years as it looks to slash annual expenses by $5 billion, but investors were disappointed in the scant new detail the bank provided about its plans.
WASHINGTON — US consumer confidence hit a three year high in February as Americans became more optimistic that their finances would soon improve, according to a widely-watched indicator.
WASHINGTON (Reuters) - U.S. core consumer prices rose at the fastest pace in more than a year in January, indicating a long period of slowing inflation had run its course.
