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The value of exports edged up 0.1%, but imports rose 1.1%, led by capital goods and motor vehicles.

"This is yet another attempt to advance an agenda without statutory authority."

17% of workers would prefer to be fully remote, while 15% want to be in the office full-time.

Sen. Bernie Sanders released a report focused on problems facing the American retirement system, as advocates of defined-benefit plans squared off with proponents of defined-contribution plans.

Sustainable bonds are expected to post record issuance this year, propelled by borrowers seeking cash to fund energy-transition plans.

In his semiannual testimony before Congress, the Fed chair will hear from Democrats who want interest rate cuts to keep the economy humming and Republicans who want him to scrap capital requirement increases for big banks.

In January, the PCE price index rose 0.4 percent from December and 2.8 percent from a year prior.

GDP rose at a revised annualized rate of 3.2% in the fourth quarter, compared with a prior estimate of 3.3%.