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Bank of America warns more economic shocks could happen this summer. Learn what investors should watch for and how to position your portfolio.
Trump's pro-growth agenda, the manufacturing push, and growing AI spend are some of the factors that could stoke a fresh ...
Bank of America also points out that in the Federal Reserve's annual stress-testing exercise, the bank is expected to see losses equivalent to 5.5% of total loans, whereas loan losses were as high ...
Under that scenario, Bank of America said the Fed will move quickly to cut interest rates and forestall a recession, perhaps by as much as 75 basis points (0.75%). What Does It All Mean for Stocks?
Bank of America BAC Chief Executive Brian Moynihan said consumers continue to spend while maintaining healthy credit profiles, but, he warned, “We potentially face a changing economy.” ...
Bank of America’s profit increase in the second quarter of 2025, which the bank chalked up to a healthy economy.
Analysts were projecting $0.82 and $26.80 billion, respectively, per Visible Alpha. Bank of America reported net interest income (NII) of $14.44 billion, in line with the analyst consensus.
China's central bank governor Pan Gongsheng met Bank of America's president of international business Bernard Mensah earlier ...