The Latest Breaking News from BofA

China equity funds have seen their largest weekly inflows since 2015, according to Bank of America. This suggests increasing investor interest in the Chine...

Bank of America (BofA) predicts that the Bank of England (BoE) will maintain its bank rate until August 2024, indicating a stable monetary policy in the UK.

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

Homebuyers have been suffering the slings and arrows of outrageous fortune of late.

December S&P 500 futures (ESZ23) are down -0.15%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.30% this morning as weak forecasts from Cisco and Palo Alto Networks weighed on sentiment, while investors looked ahead to a new round of U.S. economic data and speeches from Fed officials.

December S&P 500 futures (ESZ23) are up +0.02%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.09% this morning as market participants looked ahead to a new round of U.S. economic data and speeches from Fed officials.

Goodbye capital, hello labor. Au revoir tax cuts, bonjour bailouts. And finally, farewell to deflation, and a weary welcome to inflation.

"You’ll get higher wages, but then you have to pay enough in extra housing costs," says Berkeley's Jesse Rothstein. "You lose all of those extra earnings that you get."

Boom! Government policy has really enriched a certain generation of Americans—ones who have been in power for decades.