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Bank of America’s CEO says economic growth is ‘better than people think’ and the Fed should stay on hold newsthirst.

Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence is at a nearly three-year low amid increasing worries about inflation, Moynihan told CNBC that spending data shows consumers are still shelling out money, though shifting…

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Trump foreign aid freeze to stay for now, US Supreme Court chief rules newsthirst.

Reuters Hundreds of US aid programmes have been frozen in countries around the world The top judge in the United States has given temporary backing to the Trump administration’s freeze on foreign aid payments. Supreme Court Chief Justice John Roberts’ intervention came as the administration faced a midnight deadline (05:00 GMT on Thursday) to pay…

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