The improvement stemmed from the economy moving from recovery to steady growth
Wednesday's report increased hope that the modest slowdown might enable the Fed to slow the pace of its rate increases
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