Bank of America CEO Brian Moynihan predicts the US economy will remain strong despite the Federal Reserve's plan for three interest rate hikes. He argues that these hikes are necessary to control inflation without triggering a recession, emphasizing that the Fed aims to balance inflation control with stable employment. Moynihan also notes that the economy is growing faster than expected, and higher rates reflect economic strength rather than weakness. The Fed recently paused rate changes amid inflation concerns linked to geopolitical tensions, but Moynihan views the rate increases as a sign of a resilient economy.
In celebration of the United States' 250th anniversary in 2026, Steven Cress highlights three dividend stocks—Allstate, American Electric Power (AEP), and Bank of America—that represent key sectors of the American economy. These companies provide dep...
Despite a recent $230 billion drop in Alphabet's market value, Wall Street analysts remain optimistic about Google's future. Morgan Stanley and Bank of America both upgraded their 12-month price targets for Google stock to $415 and $430 respectively,...
Bank of America will announce its financial results for the second quarter of 2026 on July 14, with the report released early morning followed by an investor conference call. The company serves nearly 70 million clients and is a leading lender to sma...
Bank of America has distributed over 700,000 BofA Fan Bands across 11 U.S. host cities during the FIFA World Cup 2026 group stage. The bank is now launching new collectible beads for the knockout rounds, including the Round of 16, Quarter-finals, Sem...
