Latest News Updates From Ken Sweet

Government, Business

Consumers Spending at Fastest Pace BofA CEO Has Seen

The head of the nation鈥檚 second-largest bank said consumers are spending 鈥渁t a faster rate鈥 than he has ever seen, but he remains concerned about how inflation and supply chain issues will influence the economy going into the winter.

December 13, 2021
Business, Technology, Equipment

Ford to Cut Back F-150 Production Due to Chip Shortage

CHARLOTTE, N.C. 鈥 Ford Motor Co. said Feb. 4 that it will cut shifts at two of its U.S. manufacturing plants next week, due to the worldwide chip shortage that also has impacted other automakers.

February 5, 2021