Last month, according to the New York Times, Bank of America Corp. (NYSE:BAC) also moved ahead with its cost-cutting plan. The bank is expected to slash its consumer banking costs by 20%, which would include significant layoffs.
A new study from financial services firm Fidelity Investments found more than half of Americans made at least some kind of financial resolution for the upcoming year.
Meanwhile, the House has a group of smaller bills that address guest workers and immigrant status. Its possible that the country could have a law that the president signs before the end of next year.
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