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Bank of America: Credit card data shows that October retail sales in the United States are expected to be lower than expected.
11th November on Grunt ｜ Bank of America economists Aditya Bhave and Shruti Mishra wrote that credit card data for October shows that retail sales in the USA may be weaker than generally expected.
Compensation consulting companies predict traders will receive a "windfall", with Wall Street bonuses seeing a significant increase for the first time in three years.
According to a report by the compensation consulting firm Johnson Associates, Wall Street firms are expected to pay higher bonuses this year, marking the first increase since the bumper year of 2021.
Trump 2.0 or the reappearance of a strong-arm strategy may affect these companies.
The business community expects that mergers and acquisitions will relax under the leadership of President Donald Trump. If history can be a guide, this may come as a surprise.
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