The Federal Reserve is facing a bumpy path to tame inflation, which risks staying elevated in coming months should the prices of goods, such as clothing and cars, continue to climb.
Though the BLS's December jobs report shows an increase in job growth and wage gains that exceeded expectations, it is riddled with caveats about the strength of the labor market.
In the retail banking market, the new app, called Zing, has taken on Revolut and Wise. "We want to establish ourselves as a global platform for international payments."