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GOBankingRates on MSNBank of America Says If Something Breaks the Economy, It’ll Happen This Summer: How Investors Can Play ItBank of America warns more economic shocks could happen this summer. Learn what investors should watch for and how to position your portfolio.
Trump's pro-growth agenda, the manufacturing push, and growing AI spend are some of the factors that could stoke a fresh ...
Bank of America also points out that in the Federal Reserve's annual stress-testing exercise, the bank is expected to see losses equivalent to 5.5% of total loans, whereas loan losses were as high ...
Under that scenario, Bank of America said the Fed will move quickly to cut interest rates and forestall a recession, perhaps by as much as 75 basis points (0.75%). What Does It All Mean for Stocks?
Analysts were projecting $0.82 and $26.80 billion, respectively, per Visible Alpha. Bank of America reported net interest income (NII) of $14.44 billion, in line with the analyst consensus.
"Some people favor the notion of a 'Fortress America,' with economic barriers," Zoellick said. "I'm an optimist by nature, but I don't think what we're doing now (as a nation) is going to turn out ...
Bank of America BAC Chief Executive Brian Moynihan said consumers continue to spend while maintaining healthy credit profiles, but, he warned, “We potentially face a changing economy.” ...
Bank of America is expected to report its earnings on April 15, 2025. Consensus estimates point to about $26.9 billion in revenues, up 4% compared to last year, while earnings are estimated at ...
A recent study revealed that the 2024 Bank of America Chicago Marathon boosted the Chicago Metropolitan Area economy by $683 million, marking a 22% increase in total economic impact compared to 2023.
Meghan Swiber, senior U.S. rates strategist at Bank of America's investment banking arm BofA Securities, joins WSJ’s Take On the Week podcast to share how investors should think about the U.S.
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