Even with the economy recording a second straight quarter of negative GDP, many economists do not regard it as constituting a recession
Strong U.S. jobs numbers could spur more Fed hikes
Index declined for second month in a row
The Canadian banking industry's push south comes after U.S. President Joe Biden issued a broad executive order calling for increased competition
At a hearing, the U.S. Treasury Secretary was pressed on the causes of inflation
The lowest monthly gain in a year was likely enough to keep the Fed on track to pursue aggressive policy
Purchasing intentions for big-ticket items cooled slightly
As the Fed's rate hikes take effect, they will make it increasingly expensive to spend and hire
Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth
Inflation and the war in Ukraine may curb consumer spending this year