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Trump's pro-growth agenda, the manufacturing push, and growing AI spend are some of the factors that could stoke a fresh economic boom, BofA said.
Shares of Bank of America, which topped estimates in each quarter of 2024, were up 5% shortly after markets opened Tuesday. They entered the day down roughly 17% since the start of the year.
Earnings Results Bank of America profit jumps 10%, but CEO Moynihan warns of ‘a changing economy’ Fueled by growing deposits and a boost in sales and trading revenue, Bank of America’s first ...
On April 15, 2025, Bank of America’s CEO, Brian Moynihan, expressed confidence in the U.S. economy, stating that the bank does not anticipate a recession in 2025 and expects the Federal Reserve ...
Risks are mounting but, overall, the economy is still in a good place, according to Bank of America CEO Brian Moynihan. Skip to content. News Markets Companies Earnings CD Rates ...
Bank of America "The economy is likely to muddle through," Claudio Irigoyen, head of the bank's Global Economics Research, wrote in his midyear review. The bank is betting on the US economy to remain ...
Bank of America recently reported better-than-expected first-quarter earnings, beating analyst estimates. Its profit jumped 11% to $7.4 billion, or 90 cents per share, from $6.7 billion, or 76 ...
A recent study revealed that the 2024 Bank of America Chicago Marathon boosted the Chicago Metropolitan Area economy by $683 million, marking a 22% increase in total economic impact compared to 2023.
Back in 2017, the FDIC accused Bank of America of refusing to pay over $500 million in assessments — a figure it later expanded to $1.12 billion — alleging that the banking giant failed to ...
That's already begun to happen this year, but it's clear that Bank of America (BAC 0.66%) and its other large bank peers are in a much better position than they were heading into the Great ...
Behind the Scenes of Bank of America's Latest Options Trends May 27, 2025 — 12:00 pm EDT Written by Benzinga Insights for Benzinga -> ...
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GOBankingRates on MSNBank of America Says If Something Breaks the Economy, It’ll Happen This Summer: How Investors Can Play ItBank of America warns more economic shocks could happen this summer. Learn what investors should watch for and how to position your portfolio.
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