Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
Bank of America says growth stocks are in a bubble exceeding the 'dot-com' and 'nifty fifty' eras — and warns they could take the S&P 500 down 40%
That's the warning Bank of America strategists issued to clients in a note earlier this week. As investors continue to pile ...
Bank of America hires former JPMorgan executive to strengthen private bank, memo says
Bank of America has hired JPMorgan Chase veteran Mike Marino as the Georgia market executive of its private bank, according ...
Bank of America Names Greater L.A. President Raul Anaya to Lead Wildfire Response
In the wake of the devastating Palisades, Eaton and other wildfires that swept through Los Angeles County and beyond, Bank of ...
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Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
S&P 500 closes higher, Nasdaq pops nearly 1% Monday as investors shrug off tariff worries: Live updates
Stocks remain jittery on a mix of inflation worry coupled with concern over how Trump’s plan for tariffs could affect the U.S. economy ...