The Latest Breaking News from Bank of America

A quarter of the U.S. corporate profits this year will come from just a dozen companies, analysts say. But investors are willing to pay up.

Having weathered numerous challenges that tumultuously affected bank stocks earlier this year, is the coast clear to dive into this sector? Unfortunately, the answer is not so straightforward. With the uncertainties looming, let’s examine the current landscape of the U.S. banking industry and discuss the investment appeal of bank stocks…

The heads of the nation’s biggest banks say there are reasons to be concerned about the health of U.S. consumers _ particularly poor and low-income borrowers _ in their annual appearance in front of Congress on Wednesday

"The way consumers are spending money is leveling out. But all in all, in pretty decent shape."

Warren Buffett's second-largest equity holding after Apple could be due for a comeback year in 2024, especially if rate cuts play out as expected.

Many investors are betting on big Fed rate cuts next year. But one analyst just released a forecast that doesn't depend on the Fed at all.

The housing market is uneven, according to the Bank of America Institute, and millennials 35 and older “face a bigger financial burden.”

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The American Opportunity Index from the Schultz Family Foundation highlights exactly that.