A Bank of America survey shows 29% of Americans plan to do most holiday shopping in early to mid-December, surpassing the 17% who plan to shop on Black Friday. Most consumers expect to keep spending steady or reduce it this year, with only 12% planning to spend more. Shoppers are more cautious, focusing on budgets and avoiding overspending, while fewer are using AI or social media for shopping. Credit cards are becoming the preferred payment method, and consumers are advised to watch out for holiday scams.
Bank of America (BAC) holds a market cap of $352.02 billion and offers a dividend yield of 2.52% as of Oct 29, 2026, 20:12 WIB. On Pluang, BAC shares are trading at USD 51.65 with a 1-day gain of 1.57%, reflecting steady investor interest. The platform shows a typical hold time of 128 days and a buy order activity of 60%, indicating moderate confidence among retail investors.
Senator Elizabeth Warren has called on the Justice Department to open a criminal investigation into Bank of America following the bank's admission of willfully violating federal anti-money-laundering laws. The bank faced over $1.2 billion in civil pe...
Bank of America has issued a warning to customers advising them not to share their banking usernames and passwords with AI agents or any outside services. The bank highlights risks such as unauthorized transactions, account lockouts, and potential cr...
Robert Zullo, a former Bank of America senior vice president, filed a lawsuit claiming he was forced out and threatened after relocating to care for his ailing mother. He alleges racial and age discrimination, noting a younger black colleague was all...
Major banks like Chase, Bank of America, and Wells Fargo currently offer a very low 0.01% interest rate on basic savings accounts, which barely offsets fees and inflation. In contrast, online banks provide high-yield savings accounts with rates aroun...
Bank of America faces a class action lawsuit alleging securities fraud after its stock fell 4.8% following the announcement of over $1.21 billion in penalties for violations of anti-money laundering and sanctions laws. The lawsuit claims the bank mis...
