Bank of America announced a $250 billion Critical Infrastructure Finance Initiative to support U.S. infrastructure projects over 18 months ending July 2027. The initiative targets digital infrastructure like data centers and semiconductors, energy projects including renewable power, and core infrastructure such as transportation and water systems. This effort aims to boost energy security, technological leadership, and economic growth while creating tens of thousands of jobs. The bank will measure progress through lending, investments, and advisory transactions, aligning with its broader $1.5 trillion sustainable finance goals.
JPMorgan Chase shares fell 3% despite announcing a $20 billion investment partnership with the Qatar Investment Authority, highlighting broader sector weakness. The deal spans public and private markets but failed to lift the stock amid rising Treasu...
Bank of America offers the Business Advantage Customized Cash Rewards Mastercard with no annual fee, allowing business owners to earn 3% cash back in a chosen category, 2% on dining, and 1% on other purchases, up to $50,000 annually. The card include...
The Federal Reserve raised interest rates by 25 basis points in September, marking its first hike since 2023, which temporarily stopped the 10-year Treasury yield from climbing further. Persistent inflation and geopolitical tensions, especially invol...
Bank of America Corporation announced that its Board of Directors has authorized regular cash dividends for several series of its preferred stock. The dividends will be paid on various dates in October and November 2026, with specific amounts set per...
