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The Latest Breaking News from Bank of America

Best Foreclosure Sites for Finding Properties

Wondering how to find foreclosed homes for sale for your next residence or to flip for a profit? These websites will guide you to foreclosures and real estate-owned properties to buy.

More Americans are tapping into 401(k) funds to cover expenses

More Americans are tapping into 401(k) funds to cover expenses

A growing number of Americans are pulling money from their 401(k) plans to pay the bills.

From Wall Street to Main Street and tax cuts to bailouts, BofA just dropped a list of 15 huge changes for investing in the 2020s

From Wall Street to Main Street and tax cuts to bailouts, BofA just dropped a list of 15 huge changes for investing in the 2020s

Goodbye capital, hello labor. Au revoir tax cuts, bonjour bailouts. And finally, farewell to deflation, and a weary welcome to inflation.

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Bank of America® Unlimited Cash Rewards review: unlimited 1.5% cash back on all purchases with no annual fee

The Bank of America® Unlimited Cash Rewards credit card is best for Bank of America Preferred Rewards members who can earn extra rewards on every purchase.

Stocks Finish Higher on Dovish Fed Hopes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.37%. Stocks on Monday mildly extended last week’s rally, with...

Stocks Strengthen on Hopes Fed Rate Hikes Are Done

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. Stocks today extended last week’s rally, with the Dow...

Markets Today: Stocks Gain on Carryover from Hopes Fed Is Done Tightening

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.16%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.17%. Stock index futures this morning are slightly higher on positive carryover from last Friday when the weaker-than-expected U.S. October payrolls report and Oct ISM services report showed...

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Bank of America customers face deposit delays amid widespread issue

Bank of America customers face deposit delays amid widespread issue

Other institutions including Wells Fargo and Deloitte were also affected by unspecified tecnhical issues on Friday

The Independent UK

Chevron Stock Upgraded After Mega Acquisition While Shell Bucks This Q3 Oil Major Trend

Chevron Stock Upgraded After Mega Acquisition While Shell Bucks This Q3 Oil Major Trend

Chevron stock was handed a slew of price target revisions this week after earnings and its deal for Hess.

Investors Business Daily

3 Bear Put Spread Trade Ideas For This Tuesday

3 Bear Put Spread Trade Ideas For This Tuesday

A bear put spread is a vertical spread that aims to profit from a stock declining in price. It has a bearish directional bias as hinted in the name. Unlike the bear call spread, it suffers from time decay so traders need to be correct on the direction of the…

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

The Guardian - UK

The ‘great wealth transfer’ isn't $73 trillion but $129 trillion, Bank of America says—and the government gave most of it to baby boomers

The ‘great wealth transfer’ isn't $73 trillion but $129 trillion, Bank of America says—and the government gave most of it to baby boomers

Boom! Government policy has really enriched a certain generation of Americans—ones who have been in power for decades.

Fortune Recommends the best business credit cards

Fortune Recommends the best business credit cards

We found the best business credit cards for small business owners with a variety of different needs.

Boomers won the housing market and millennials got screwed, BofA says. ‘Everyone locked in 3% mortgage rates, except Millennials’

Boomers won the housing market and millennials got screwed, BofA says. ‘Everyone locked in 3% mortgage rates, except Millennials’

"Most Boomers locked in low mortgage rates,” the bank said. “The only group that took out mortgage debt meaningfully since 2021 is Millennials, seeing a 20% jump.”

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The National (Scotland)

Leading bankers say Scotland's bond plan will boost nation's profile

LEADING bankers have backed Humza Yousaf’s plan to issue Scottish Government bonds.

Instacard Mastercard review: Lucrative rewards that go beyond groceries

New cardholders also get a free year of Instacart+ and a $100 statement credit.

A new benefit at top companies: College admissions counseling

A growing number of companies say it's a way to keep workers. Critics call it another leg up for families that can already afford counseling.

Is It Too Late To Buy Eli Lilly Stock?

Eli Lilly stock has crushed the broader markets in the past 10 years. But should you buy LLY at current levels, given its lofty valuation?

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Bank of America warned consumers they would be pushed to the 'point of pain', CEO Brian Moynihan says we've now reached that point

Brian Moynihan, the CEO of Bank of America, said although consumers are buying less, some families are beginning to spend more than they're bringing in.

Investors Business Daily

Dow Jones Drops After Strong Retail Sales; Tesla Stock Slides On Recall; Nvidia Dives On AI Chip Ban

The Dow Jones dropped Tuesday after strong U.S. retail sales data. Tesla stock fell after recalling nearly 55,000 vehicles.

Bank of America earnings beat Street forecasts, but bond losses jump amid Treasury rout

Big gains in net interest income powered solid third quarter earnings for Bank of America, but investors are likely to focus on unrealized losses in its bond portfolio and Treasury yields continue to rise.

Bank of America (BAC) Earnings Under the Microscope: A Buy or Sell Opportunity?

Bank of America (BAC) is scheduled to release its third-quarter results on October 17. While the bank is expected to report higher earnings year-over-year, its unrealized bond losses are expected to widen further. So, is the stock a buy or sell? Keep reading….

Young people are cutting back on these habits, says survey

Gen Z is getting a dose of financial reality.

Gen Z is cooking more and shopping less as they struggle to achieve financial success

Nearly three-quarters of Gen Zers say they're changing their lifestyle habits to curb spending.

The inflation report just wasn’t very dramatic. Cue a range of wildly varying takes on Wall Street

BofA and Citi warn the latest inflation report is a worrying sign for the Fed, but BlackRock’s Rick Rieder and veteran strategist Ed Yardeni are more optimistic.

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