Bank of America announced the Critical Infrastructure Finance Initiative to deploy $250 billion over 18 months starting in 2026, coinciding with America's 250th anniversary. The initiative aims to modernize US infrastructure by financing digital, energy, power, and core infrastructure projects to enhance national competitiveness, energy security, and economic growth. This effort is expected to create tens of thousands of jobs and support community development through strategic investments and advisory services. The program will run through July 4, 2027, marking a significant commitment to America's infrastructure future.
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...
