Bank of America has committed over $1 million in new funding to aid flood recovery in Central and South Texas, including $1 million to LiftFund to help small businesses stabilize and rebuild, and $50,000 to the American Red Cross for immediate community needs. This funding increases Bank of America's total regional flood support to $3 million, building on a previous $2 million commitment after 2025 floods. The LiftFund allocation will provide capital and operational support to help small businesses preserve jobs and sustain operations, contributing to long-term community recovery. These efforts are crucial as many small businesses continue to recover from consecutive years of severe flooding.
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...
Apple's stock is gaining momentum with a Bank of America analyst predicting a rise to $370 within 12 months, signaling a 10.7% upside from current levels. This optimism is driven by strong fiscal results, aggressive U.S. carrier promotions boosting i...
