Tim Woolston
Tim Woolston
banks bet contrary financial looking services
Broadly diversified financial services firms, and banks in particular, are looking to augment their revenue, ... This is essentially a bet that the U.S. consumer, contrary to what you may read, is not tapped out.
earnings helps means number people pressure remains wage weaker
The hourly earnings number was a little weaker than forecast. That means that more people are working, but wage pressure remains contained, and that helps profitability.