What the spending deal means for the economy [MSNBC.com]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: MSNBC.com
WASHINGTON — Congress voted early Friday to pump a lot of federal dollars into the economy just a few weeks after they voted to take a lot less in federal taxes out of the economy. The resulting changes, according to outside estimates, are likely to mean trillion-dollar deficits well into the future. The impact on the U.S. economy is less clear. Experts say the latest moves could boost the economy in the short term, but they’re divided on how large the effect may be and whether negative consequences could soon overtake it. And experts of all stripes are confused about the bottom line question: With the economy already growing, why would Congress choose this particular moment to pile on long-term debt? The new legislation is expected to add at least $320 billion to the deficit over the next decade to go with a $1.5 trillion increase from the recently passed tax cuts. It’s an abrupt change after an eight-year period in which Republican leaders forced President Obama to
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News
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- PNC Financial Services Group First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- The PNC Financial Services Group, Inc. (NYSE: PNC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- You Can Earn $400 When You Sign Up for a New PNC Bank Account. Here's How [CNET News]CNET News
PNC
Earnings
- 4/16/24 - Beat
PNC
Sec Filings
- 4/16/24 - Form 8-K
- 4/16/24 - Form 8-K
- 4/3/24 - Form 4
- PNC's page on the SEC website