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Officials at the Charlotte-based bank essentially divided their First Quarter earnings call Tuesday into talking about the ...
Bank of America (BAC) equity and quantitative strategist Savita Subramanian has revised the year-end target for the S&P 500 index (SPX) down to 5,600 from 6,666, citing the negative impact of ...
U.S. consumer spending has benefited from strong wage growth and low unemployment so far, but it faces huge risks if the ...
Subscribe to TheStreet's free daily newsletter 💰💵 The steep tariffs could weigh heavily on U.S. consumers and enterprises ...
The banks reaped the benefits of investors adjusting their portfolios after being spooked about a possible return to ...
Markets welcomed the 90-day pause on President Donald Trump's tariff plan, but banker forecasts for mergers and acquisitions ...
Bankers are uncertain about the president’s endgame on tariffs and uneasy about the impact on the global economy and their ...
Bank of America reported strong Q1 earnings, with net income of $7.4B and EPS of $0.90, beating analyst estimates. Revenue and net interest income also increased. Stock has declined 17% this year, but ...
US stocks fell Wednesday as Federal Reserve Chair Jerome Powell warned that President Donald Trump’s tariffs are unprecedented in modern history, with effects that “remain highly uncertain.” ...
The JPMorgan Chase CEO said if other countries issued retaliatory actions, it could affect people’s confidence in the U.S.