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The Latest Breaking News from Bank of America

How to Play the New Bull Market in Chinese Stocks

Thanks to monetary stimulus, the China bull market is back. And now, with Xi Jinping onboard, it looks like massive fiscal stimulus is coming, as well. Economists in China are talking about a possible $1.4 trillion stimulus. Adding to the bullish mood is the fact that mainland Chinese investors are…

Barchart

Bank of America Outage Had Customers Seeing Zeros

A widespread outage at Bank of America showed $0 balances for many customers.

Kiplinger

Here’s what’s impacted as the dockworker strike halts U.S. ports

The strike could affect imports of several commodities like bananas.

Fortune

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Massive Bank of America outage — live updates on $0 account balances

Bank of America customers across the U.S. are experiencing issues when checking their balances on both the company’s app and website.

Tom’s Guide

Bank Of America Customers Shocked By Zero Balances In Online Account Glitch

Reports of the outage began flowing into Downdetector around noon ET Wednesday.

International Business Times

Bank of America is down: Users report their accounts showing empty balance during widespread outage

Nearly 20,000 customers reported having trouble accessing their accounts

The Independent UK

Bank of America Earnings Preview: What to Expect

Bank of America is set to report its third-quarter earnings in mid-October, with analysts anticipating a decline in the bottom line in the lower double digits.

Barchart

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Bank Of America Predicts Short Port Strike, Biden Intervention Likely

Bank of America predicts a short port strike, likely resolved by invoking the Taft-Hartley Act.

Top News

Mark Zuckerberg loses spot as world's 3rd richest person to LVMH's Bernard Arnault

"'Quiet luxury' has supported average selling price at the expense of volumes," Bank of America analysts wrote. "The industry needs to pivot back to creativity."

Fortune

CFOs of Goldman Sachs and Bank of America upbeat about the Fed's rate cut

This week, the big bank finance chiefs weighed in on the economy.

Fortune

Buffett sells more Bank of America as Berkshire nets $9 billion

Berkshire still owns a 10.5% stake in the bank worth about $33 billion, making it the conglomerate’s third-largest public holding.

Fortune

3 Cheap Warren Buffett Favorites To Buy With $1000 And Hold For 20 Years

Warren Buffett, one of the greatest investors of all time, has built his fortune by selecting businesses with long-term value and strong fundamentals.

Barchart

BofA details clients’ 5 major economic fears—then knocks them all down

“For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.

Fortune

JP Morgan creates new role to prevent overwork among junior bankers

Bank’s head of diversity and inclusion appointed to help tackle long hours and support staff wellbeing

The Guardian - UK

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Barchart

1 Defensive ETF to Buy Now Before the Fed Cuts Rates

As the Federal Reserve is expected to cut interest rates, investors are seeking defensive strategies, and the Utilities Select Sector SPDR Fund (XLU) stands out as a reliable option, offering stability, income, and a low expense ratio.

International Business Times

Boeing, Union Resume Talks As Strike Empties Seattle Plants

Negotiators from Boeing and the machinists union representing its workers resumed talks Tuesday after some 33,000 employees went on strike late last week, effectively shutting down two Seattle-area factories.

USA Today Sports Media Group

Masters to expand TV window in 2025, adds new sponsor to mix

Golf fans can rejoice: there will be more coverage of the 2025 Masters to enjoy in April.

The Independent UK

The Masters adds two hours of weekend coverage on Paramount

The Masters and CBS are expanding weekend coverage by five hours from Augusta National

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news in one place.

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International Business Times

Boeing, Union To Resume Talks As Strike Quiets Seattle Plants

Negotiators from Boeing and the machinists union are scheduled to resume talks Tuesday after some 33,000 workers went on strike late last week.

International Business Times UK

Extreme Hours, Fatal Consequences: Two Major US Banks Revamp Policies After Associate's Death

Two major US banks, JPMorgan Chase and Bank of America, have been forced to revise their junior banker work hours after the tragic death of 35-year-old associate Leo Lukenas, who reportedly worked up to 100-hour weeks, sparking widespread calls for reform in the industry.

Fortune

Bank of America has a niche benefit that helps employees in crisis

The Life Event Services team helps workers from everything ranging from natural disasters to mental health issues.

Fortune

How Bank of America built an 'emergency task force' to help employees in crisis: ‘It’s the secret sauce of our company’

The team uses 911 operators, medical professionals, and social workers to help employees through major life events.

Fortune

Bank of America is making it harder for junior bankers to lie about their work hours

The bank is introducing new tools to monitor working hours months after the sudden death of a 35-year-old employee.

The Independent UK

Investment firm caps work hours for junior staff at 80 a week after outcry over young banker’s shocking death

Leo Lukenas III, 35, died in May after working multiple 100-hour weeks

Fortune

JPMorgan just capped junior bankers’ hours—at 80 per week

JPMorgan and Bank of America are cracking down on the industry’s infamous always-on culture.

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