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The Latest Breaking News from Bank of America

Older millennials are ‘feeling the hit’ in this housing market, BofA finds—and a lot of it has to do with student debt

The housing market is uneven, according to the Bank of America Institute, and millennials 35 and older “face a bigger financial burden.”

Fortune · Dec 4, 2023

This cash back credit card from Bank of America pays up to 2% back

Get 2% back—or more—plus premium travel benefits for a low annual fee.

Fortune · Dec 4, 2023

Starbucks founder Howard Schultz: 'You can do right by your people and your shareholders at the same time'

The American Opportunity Index from the Schultz Family Foundation highlights exactly that.

Fortune · Dec 4, 2023

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Bank of America Fined $12M for Reporting False Mortgage Data

Bank of America fined over routinely filing false mortgage lending data to the government, the CFPB says.

Kiplinger · Nov 29, 2023

Unique 3% cash-back categories for flexible spending

The Bank of America Customized Cash Rewards card offers flexible 3% cash-back categories plus up to 75% more rewards for BofA Preferred Rewards members.

Fortune · Nov 29, 2023

Despite strong economy, Texas cities grapple with excess office space

As remote and hybrid working become the new normal, major Texas cities are facing a decline in office tenants. It’s too soon to tell what that means for the vitality of downtowns.

The Texas Tribune · Nov 29, 2023

Most sponsors of Cop28 have not signed up to UN-backed net zero targets

Firms including Bank of America have made no commitment to cut emissions in line with target system, analysis finds

The Guardian - UK · Nov 29, 2023

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Bank of America To Pay $12 Million Fine For Inacurate Mortgage Data

The bank failed to accurately reported answers on demographic data that can be used to identify possible discriminatory practices, CFPB said.

International Business Times · Nov 28, 2023

Avoid a hard pull on your credit with preapproved card offers

See which providers that offer preapproval for select cards, without doing a hard inquiry that impacts your credit score.

Fortune · Nov 22, 2023

Are Bank of America (BAC) and M&T Bank (MTB) Still Wise Investment Choices?

The central bank officials have recently expressed little interest in cutting rates anytime soon. With the recent Fed meeting minutes suggesting a continuation of a “restrictive” policy, rates will likely remain higher for longer. In this piece, I have discussed how the U.S. banking industry is expected to perform amid…

StockNews.com · Nov 22, 2023

Best travel credit cards of 2024

We analyzed more than 50 cards to find the best travel credit cards.

Fortune · Nov 21, 2023

October CPI Could Signal Crucial Shift In Economic Landscape

The stability of the inflation remains complex that could affect future rate adjustments.

Zenger · Nov 14, 2023

This chart shows why millennials, the biggest generation in American history, will keep housing prices sky-high for years to come

“The crux of the issue is supply,” says Ned Davis Research. Too many millennials chasing too few homes leads to housing market inflation.

Fortune · Nov 13, 2023

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.

Kiplinger · Nov 11, 2023

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Fortune · Nov 7, 2023

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.

Fortune · Nov 7, 2023

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.

Barchart · Nov 6, 2023

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...

Barchart · Nov 6, 2023

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...

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news in one place.

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Barchart · Nov 6, 2023

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...

The Independent UK · Nov 3, 2023

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

Barchart · Oct 31, 2023

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…

The Guardian - UK · Oct 31, 2023

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

Fortune · Oct 28, 2023

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 · Oct 27, 2023

Fortune Recommends the best business credit cards

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

Fortune · Oct 26, 2023

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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