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The Latest Breaking News from Bank of America

Morgan Stanley says commercial real estate will crash harder than during the Great Financial Crisis. Here’s how 5 other top institutions see it playing out

There’s one thing they can all agree on: Office properties are in trouble.

Fortune

Nearly 60% of internet users in the U.S. use ChatGPT—survey

A new survey by Bank of America finds that generative A.I. search chatbots, like ChatGPT, Microsoft’s Bing, and Google’s Bard, are catching on with Americans.

Fortune

Are you using your credit card to its full advantage? Here are 7 perks yours might offer

From cell phone protection to airport lounge access, these added credit card features could save you a ton of money each year.

Fortune

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One in five iPhones could be made in India by 2025

A new report by Bank of America suggests nearly 20% of iPhones could be produced in India by 2025.

iMore

There won’t be a true recession anytime soon—but a ‘growth recession’ is still on the menu next year, BofA warns

Bank of America's chief economist Michael Gapen revised his recession forecast again this week, citing strength in the labor market—but he says a "growth recession" is still coming in 2024.

Fortune

Stocks Rally on Expectations the Fed Will Pause Rate Hikes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.69%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.43%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +0.79%. Stock indexes on Tuesday finished moderately higher, with the...

Barchart

Boomers are pushing millennials out of the housing market for 3 main reasons

BofA: "In the current environment...baby boomers are better equipped financially for home purchasing."

Fortune

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The best Pride logos this year

Spotlighting the brands supporting the LGBTQIA+ community this year.

Creative Bloq

The best Pride logos of 2023

Spotlighting the brands supporting the LGBTQIA+ community this year.

Creative Bloq

Who Is Ed Herlihy? PGA Tour Chairman Involved In Historic PIF Deal

Herlihy worked with commissioner Jay Monahan and board member Jimmy Dunne in the merger, but what's his background?

Golf Monthly

Banks' growing reliance on chatbots to handle customer service tasks worries consumer watchdog

Can you trust Erica, or Sandi or Amy to increasingly control parts of your financial life without giving you inaccurate information or sending money to the wrong place

The Independent UK

Amazon and Google fund anti-abortion lawmakers through complex shell game

Blue-chip companies gave to Republican group funneling money to lawmakers who overturned abortion-ban veto in North Carolina

The Guardian - US

After hit Frida Kahlo show, Glen Ellyn museum spotlights another star: Andy Warhol

Some of the pop artist’s best-known works go on display at Cleve Carney Museum.

Chicago Sun-Times

Kiplinger Readers' Choice Awards: Travel Rewards Credit Cards

These are the winners of the Kiplinger Readers’ Choice Awards' best travel rewards credit cards category. Our awards celebrate the very best products and services in personal finance.

Kiplinger

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Fortune

Bank of America isn't entirely sold on Warren Buffett's Japan plan

Bank of America says calls to 'buy Japan' are "premature" but could promise successful trades next year.

Fortune

Nvidia is heading to ‘$1 trillion and beyond’ thanks to its leadership in A.I., Bank of America says

Bank of America analysts led by Vivek Arya tagged Nvidia as their “top pick” with a $450 price target, representing a potential 17% upside.

Tom’s Guide

Debt collector breach exposes financial data of 1.1 million Americans — see if you’re affected

The debt collector NCB has disclosed that hackers breached its systems though they also gained access to Bank of America and TD Bank customer data.

Fortune

Morgan Stanley analysts see a fall for commercial real estate 'worse than in the Great Financial Crisis'—BofA disagrees for 3 key reasons

Bank of America: "We conclude that the [CRE] challenges are real and significant, but, for several reasons, they are manageable and do not represent a systemic risk to the U.S. economy"

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USA Today Sports Media Group

Brian Davis’ UEE files suit, still desires to purchase the Commanders

Brian Davis is suing Bank of America, still wants to purchase the Commanders.

The Independent UK

Former FBI employees testify on GOP politicization claims after losing clearances

Several FBI employees accused the bureau of politicization in congressional testimony Thursday, a day after the agency announced two of them had seen their security clearances revoked over concerns about how their views of the Jan. 6, 2021, Capital attack affected their work

Tribune News Service

Charlotte FBI, Bank of America dragged into congressional dispute over Capitol riot

A suspended FBI employee from Charlotte, North Carolina, who gave whistleblower testimony Thursday to a Republican-led congressional subcommittee had his security clearance revoked over his handling of a Jan. 6-related investigation, and amid questions from his superiors about his “allegiance to the United States.”

Kiplinger

Alaska Airlines Credit Card: $550 Bonus Offer

The Alaska Airlines credit card offers 50,000 bonus miles plus a free companion fare. Bank of America customers get a 10% rewards boost.

Fortune

How CFOs are navigating the debt ceiling standoff

"CFOs need to be prepared with a good risk management perspective," says a former bank examiner for the Federal Reserve.

Fortune

Here is one way to invest like Warren Buffet—invest in dividend-paying stocks

Follow Buffett’s lead to build a portfolio of dividend-paying stocks.

Barchart

High Valuations a Concern for Tech Stocks

Recent quarterly earnings results from U.S. technology companies have come in mostly better than expected. However, the positive earnings reports have failed to allay concerns about growth or valuations, keeping uncertainty high about the sustainability of this year’s rally in technology stocks. The tech-heavy Nasdaq 100 Stock Index ($IUXX )...

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