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The Latest Breaking News from Bank of America

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

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

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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

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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

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.

Benzinga

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.

Barchart

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.

Benzinga

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.

GOBankingRates

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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

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news in one place.

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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.

Benzinga

Liquidity Woes Deepen For Sigma Lithium After Supplier Shake-Up

Sigma Lithium Corporation (NASDAQ:SGML) faces growing liquidity and operational headwinds. Funding delays and a recent supplier change have heightened uncertainty around its near-term production and expansion plans.

Benzinga

Fed Has Green Light To Cut Rates After Soft Inflation, Economists Say

A wide range of economists say the Federal Reserve now has the green light to cut interest rates, following a cooler-than-expected inflation report that suggests price pressures are easing — and that monetary policy can shift focus toward the softening labor market.

Benzinga

Warren Buffett Bets On Banks: How Much Has Oracle Of Omaha Made From Financial Stocks Since Q2?

Legendary investor Warren Buffett has helped Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) beat the SP 500 Index many times in recent years. Bets on financials are helping the conglomerate post impressive gains since the end of the second quarter.

Saving Advice

These 8 Bank ATMs Give 100 Dollar Bills

Many ATMs across the country will only give out 20-dollar bills. If you’re withdrawing a large sum of money, this can be pretty inconvenient. Nothing...

Benzinga

Dimon Sees 'Cockroaches' In Banks—Here's How To Protect Your Portfolio

Fresh fears of mounting credit stress in the U.S. banking system have resurfaced after JPMorgan Chase Co. (NYSE:JPM) CEO Jamie Dimon issued a stark warning that more financial trouble could be lurking below the surface.

International Business Times UK

Gold Price: Is US Economy On The Brink? Shocking $4,300 Leap Sparks Global Panic And Investor Frenzy

Gold surged past $4,300/oz in a record rally, stoking fears about the US economy and sending global markets scrambling for safe-havens amid mounting credit and Fed uncertainty.

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