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The Latest Breaking News from Bank of America

Bank of America sued over not paying workers for PC boot up time in proposed class action lawsuit

Bank of America is facing a proposed class and collective action lawsuit that accuses the company of failing to pay hundreds of hourly workers for time spent booting their computers.

Tom’s Hardware

Bank of America's CEO sees a 'huge opportunity' in the U.S. wealth business

Brian Moynihan discussed bold growth targets and a strategy with reporters at the bank's investor day.

Fortune

Bank of America Outage Leaves Thousands Seeing $0 Balances, Sparks Panic Across US

Bank of America users across the U.S. panicked Friday night as a glitch caused balances to appear as $0. The bank said funds were safe and blamed a temporary display error.

International Business Times UK

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Bank of America CEO: AI deployed across entire workforce to drive growth and productivity

The bank has made $118 billion in technology investments over the past decade.

Fortune

National Retail Federation predicts first $1 trillion holiday shopping season

American shoppers are expected to spend more during the holiday shopping season this year, compared with a year ago, despite shoppers’ downbeat attitude amid all the economic uncertainty and rising prices from President Donald Trump’s tariffs

The Independent UK

Palantir Just Got a New Street-High Price Target. Should You Buy PLTR Stock Here?

Palantir soared to a new record-high analyst price target of $230 after its Q3 report showed 63% revenue growth and blockbuster U.S. commercial sales, but the stock trades well above its consensus target and over 450x forward earnings, so expectations are sky-high and volatility is elevated.

Barchart

Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade

Hari Gopalkrishnan, the chief technology and information officer for Bank of America, is responsible for the $4 billion spent this year on AI and other new technology initiatives.

Fortune

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Trump's Tariffs Are Quietly Fueling A New Wave Of Inflation, Economists Warn

If price pressures have taken a back seat in market conversations lately and much of the tariff anxiety seemed overblown, fresh signs suggest this inflation honeymoon may be ending sooner than expected.

Benzinga

Bank of America Expert: 3 Ways Football Fans Can Maximize Credit Card Rewards This Season

Football season spending adds up. Learn how to use credit card rewards to save on tickets, gear and game-day costs -- without going into debt.

GOBankingRates

Westlake's Selloff May Be More Noise Than Trouble, Analyst Says

Westlake Corp (NYSE:WLK) shares rebounded Monday after recent weakness, as investors looked past a softer third quarter and focused on company-led cost savings, acquisitions, and operational efficiencies expected to strengthen earnings in 2026.

Benzinga

6 Money Habits Gen Z Needs To Adopt in 2026, Even If Begrudgingly

While Gen Zers may strive for financial wellness, they may need to adopt some money habits begrudgingly -- those that others have nagged them about for years.

GOBankingRates

The No. 1 Thing Holding Gen Z Back From Boosting Their Finances (And 5 Ways They Can Overcome It)

Gen Z faces one major financial hurdle—but there are five smart ways to overcome it and start building real wealth sooner than you think.

GOBankingRates

Google's Hottest Stock Rally In Over 20 Years Is Far From Over, Analysts Say

Alphabet Inc. (NASDAQ:GOOGL) is now in the middle of its hottest run since the company first hit Wall Street, with shares rising nearly 5% to $286 on Thursday morning—marking a 63% rally over the last four months, its strongest performance since the early months of its 2004 IPO.

Benzinga

Brian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a 'clear head'

“Ultimately it’s going to slow down the economy,” he says.

Fortune

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Benzinga

Microsoft's New OpenAI Deal Could Be Its Smartest AI Move Yet

Wall Street analysts see Microsoft Corporation's (NASDAQ:MSFT) restructured partnership with OpenAI as a milestone in its artificial intelligence strategy.

Benzinga

Nvidia Stock Is On Fire—Here's Why It Could Surge 30% More

Nvidia Corp. (NASDAQ:NVDA) just made history on Wednesday by becoming the world's first $5 trillion company—but according to Bank of America, the AI chip powerhouse still has plenty of fuel left in the tank.

Benzinga

Qualcomm's Big AI Bet Could Finally Shake Its Smartphone Dependence

Qualcomm Inc. (NASDAQ:QCOM) is making its boldest move yet beyond smartphones, unveiling new AI accelerator chips that mark its entry into the fast-growing data center market, a pivotal step to diversify revenue and challenge Nvidia's dominance in the AI computing race.

Barchart

Bank of America Stock: Is Wall Street Bullish or Bearish?

As Bank of America has outperformed relative to the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.

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Benzinga

Why RB Global's Turnaround Could Finally Stick In 2026

RB Global's (NYSE:RBA) turnaround story is gaining traction as the industrial auctioneer steadies after a volatile year, with easing auto market headwinds and improving construction demand positioning 2026 as its first "clean year" since the IAA acquisition, a potential springboard for renewed growth momentum.

GOBankingRates

Bank of America’s Top 5 Predictions That Are About To Shake Up the Economy

Bank of America reveals 5 bold predictions that could reshape the U.S. economy—from interest rates to market shifts. Here's what to watch for.

MarketBeat

AI Demand Fuels Bullish Western Digital Forecasts

Analysts have upgraded Western Digital's price target, reflecting increasing confidence in the company's capability to meet record-breaking storage demand.

The Guardian - UK

Elizabeth Warren urges US regulators to investigate Jes Staley ties to Epstein

Exclusive: Senator asks watchdogs to look at whether US bankers, including ex-Barclays boss, aided late sex offender

Benzinga

P&G Holds Its Premium As Analysts Cite Durable Growth Beyond Near-Term Tariff Hits

The Procter Gamble Company (NYSE:PG) outperformed expectations on organic sales and margins in the first quarter of fiscal 2026 while keeping its full-year topline and EPS guidance unchanged.

The Guardian - US

Lawsuits against banks with Epstein ties may shed new light on financier’s crimes

Experts say claim banks enabled Epstein will be difficult to prove but other outcomes could provide solace to victims

MarketBeat

Big Banks Are Setting the Tone as Earnings Season Kicks Off

Despite risks in private credit, the financials sector is largely insulated as the big banks proved when earnings season kicked off last week.

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