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The U.S. economy has come a long way since the depths of the financial crisis. The unemployment rate was cut in half, from 10 percent in October 2009 to 5 percent in October 2015. The housing market has turned from a source of vulnerability to a source of strength, and low energy prices and cheaper imports are supporting increases in consumer spending.Recommended Stories
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Banking on Disruption: How the Financial Sector Is Keeping Pace with Change
Faced with stringent regulations, new competitors, and emerging technologies permeating the marketplace, the financial sector is evolving at a fast and furious rate, with no letup in sight. In fact, change is the only constant in the days and years ahead for the financial services sector.
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