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The Latest Breaking News from Bank of America

How to score tickets to Beyoncé's Renaissance tour using your Citi card

For Citi cardholders, the key to getting a front row seat to Queen Bey may be easier than you think.

Fortune

FedEx Stock Rallies On Upgrades After Additional Job Cuts

FedEx advanced Thursday as analysts have upgraded the stock to a buy.

Investors Business Daily

How Wall Street’s fossil-fuel money pipeline undermines the fight to save the planet

Big banks and investment firms have joined the ranks of companies making "net-zero" pledges. But their huge stakes in oil and gas projects are undermining their climate promises.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Tech Stocks, on Best Run Since 2001, Face Stern Test With Megacap Earnings on Deck

"Tech stocks have fallen pretty far down on the list of concerns (and the price action) is telling us something,” said Bank of America strategists ahead of a key week for mega cap earnings.

The Street

The 10 best online brokerages for January 2023

The best online brokerages, considering minimum deposit requirements, stock trading fees, educational resources, margin trading accounts, and customer service options.

Fortune

Dow Jones Regains Key Level; Tesla's 35% Upside; Microsoft, Intel, Tesla, Salesforce, Lam Research And KLA On Deck

Dow Jones rose as the Nasdaq added to its three-week win streak. Wedbush analysts sees 35% upside to Tesla; Microsoft, Salesforce, Tesla on deck.

Investors Business Daily

Your boss might be hoping you quit because it’s easier and cheaper than firing you

Federal Reserve officials explained in January’s "Beige Book" that many companies are planning to "reduce headcount through attrition," instead of opting for layoffs to save costs.

Fortune

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Hasbro-owned publisher of D&D backtracks on license changes that angered fans

Fans and creators were upset about potential changes to the "Open Games License," which allows third-parties to use content from Dungeons and Dragons.

Fortune

Bank of America says the problem with Zelle transactions is resolved

The website Downdetector reported spikes in outages involving Bank of America and payment platform Zelle starting Wednesday morning.

WEKU

Zelle users report outage with bank-to-bank payment system

On Wednesday, Bank of America customers complained on Twitter about missing money

The Independent UK

Zelle Issue: Bank of America Users Report Negative Balances After Bug

Zelle users took to Twitter to bemoan the loss of funds from their accounts as well as a lack of response from Bank of America and Zelle about the issue.

The Street

Report: Dan Snyder plans to sell ‘majority stake in the’ Commanders

it doesn't mean that Snyder isn't selling the entire team.

USA Today Sports Media Group

Big C lining up banks for B30bn IPO

Big C Supercenter Plc has picked Bank of America and UBS Group to advise on an initial public offering expected to be worth at least 30 billion baht, according to people with knowledge of the matter.

Bangkok Post

Fund managers’ recession fears 'a lot less bearish' than 2022—but faith in U.S. stocks is collapsing, Bank of America poll finds

Analysts described this month’s retreat from U.S. equities as “impressive.”

Fortune

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Sports Illustrated

Jerry Jones Explains How Dan Snyder Relationship Has Changed

The Commanders owner hired Bank of America in November to aid a potential franchise sale.

Axios

These major banks see a "mild recession" coming in 2023

JPMorgan Chase, Bank of America and Citigroup are bracing for an economic downturn in 2023, including an uptick in unemployment, even as they continue to benefit from strong consumer spending and higher interest rates.

The Street

U.S. Debt Default 'Likely' in Second Half of 2023: Bank of America

'We think it is likely by late summer or early fall,' says BofA rates strategist Ralph Axel.

Fortune

Jamie Dimon is waffling on his economic ‘hurricane’ take yet again. His bank is now calling a ‘mild recession’ later this year

Wall Street banks are building cash reserves to cope with a “mild recession.” It’s a more optimistic outlook than some CEOs have previously offered.

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news in one place.

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AFP

Big US banks report mixed earnings and gird for 'mild recession'

New York (AFP) - Major US banks reported mixed fourth-quarter results Friday as executives pointed to the rising odds of a "mild recession," with inflation and interest rate hikes challenging households and businesses.

Investors Business Daily

Dow Jones Falls 250 Points As JPMorgan Slides On Earnings; Tesla Dives On Price Cuts

The Dow Jones Industrial Average fell 250 points Friday, as JPMorgan sold off on earnings. Tesla stock dived on U.S. and European price cuts.

The Street

JPMorgan Tops Q4 Earnings Forecast, Say US Economy 'Remains Strong', But Notes Recession Risk

"The U.S. economy currently remains strong with consumers still spending excess cash and businesses healthy," said JPMorgan CEO Jamie Dimon.

Investors Business Daily

Dow Jones Futures Fall: JPMorgan Earnings, UnitedHealth Top; Tesla Slashes U.S., European Prices

UnitedHealth earnings topped, with JPMorgan and several banks on tap. Tesla slashed its U.S. and European prices.

Fortune

Bank of America tops stakeholder capitalism rankings

Under Brian Moynihan, the bank has increased the minimum wage, expanded parental leave, and avoided layoffs.

Fortune

The biggest investing trends to bet on in 2023

Fortune’s Quarterly Investment Guide explains surprising trends and the top stocks to buy this year.

Inverse

Government-issued digital currencies could bring about a dystopian future, security experts warn

As the world moves away from cash, countries are rolling out government-regulated digital currencies that have concerned security experts.

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