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The Latest Breaking News from Bank of America

Bank Of America Raises Minimum Wage To $24 An Hour

Bank Of America raised its minimum hourly wage to $24 an hour.

International Business Times

Bank of America CEO says we need to take action on the national debt now, while ‘we’re in relatively good times’

The national debt situation is so bleak it costs the federal government $3 billion per day just to pay the interest.

Fortune

Bank of America raises minimum wage to $24, even as workforce shrinks

The second-largest bank in America how pays employees at least $24 an hour.

Fortune

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Another Super Micro Computer Bull Jumps Ship, But is the Stock a Sell?

Down 68% from all-time highs, Super Micro Computer is priced at a cheap multiple and trades at a sizeable discount to consensus price target estimates in September 2024.

Barchart

The DOJ can’t break up Nvidia party, the stock is staying high, BofA says

Reports of a possible DOJ inquiry into the chip manufacturer are unlikely to affect the stock—for now.

Fortune

Berkshire Hathaway Sold $75 Billion in Stock Last Quarter, but You'll Never Guess One of the Only Stocks He Likes Going into Q3

Warren Buffett, the legendary investor, has once again made headlines with his strategic moves in the market. During the second quarter of 2024, Berkshire Hathaway (BRK.A) (BRK.B) sold a staggering $75 billion worth of stock, raising its cash reserves to a record $276.9 billion. While Buffett's massive sell-off included some...

Barchart

Gen Z and millennials are dumping Tinder and daters are flocking to Hinge instead

Tinder is facing an identity crisis, as it can’t ditch its reputation as a hook-up only app.

Fortune

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Warren Buffett’s Berkshire Hathaway dumped $6.2 billion in Bank of America stock in under 2 months

"I think implicitly...you can make the case that [Buffett] thinks that there aren't that many great opportunities," Madison Investments' Toyama said.

Fortune

There's nowhere left to go for JPMorgan stock, as it gets downgraded after rising 30% this year

After a stellar year, the bank’s stock has less upside than it used to—unlike some of its competitors.

Fortune

1 Energy Stock to Invest in Argentina Right Now

Bank of America just initiated coverage on this oil and natural gas stock with a bullish rating. Here's why.

Barchart

How Is Bank of America's Stock Performance Compared to Other Financial Stocks?

Bank of America has recently underperformed other financial stocks, but Wall Street analysts are moderately optimistic about the stock’s prospects.

Barchart

Warren Buffett Sells Another $845M In Bank Of America Stock

The move marked the seventh time the billionaire's Berkshire Hathaway holding company has cut its stake in the lender since July

International Business Times

Is This Warren Buffett Dividend Stock Still a Buy Near All-Time Highs?

American Express, a long-time favorite of Warren Buffett, has become Berkshire Hathaway's second-largest holding, sparking interest in whether the stock is still a buy despite trading near all-time highs.

Barchart

Indiana Secretary Of State Issues Cease-and-desist Order Against BlackRock

Secretary of State Diego Morales (R) is accusing BlackRock of misleading investors about its efforts to push ESG goals

Zenger

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Barchart

S&P Futures Tick Higher Ahead of FOMC Meeting Minutes and U.S. Payrolls Revisions, Target Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are trending up +0.17% this morning as market participants awaited an annual review of U.S. jobs data as well as the Federal Reserve’s July meeting minutes for further clues on the path of interest rates.

Barchart

S&P Futures Tread Water Ahead of FOMC Meeting Minutes and U.S. Payrolls Revisions, Target Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are trending up +0.03% this morning as market participants awaited an annual review of U.S. jobs data as well as the Federal Reserve’s July meeting minutes for further clues on the path of interest rates.

Kiplinger

Stock Market Today: Stocks Snap Lengthy Win Streak

The recent stock market rally ran out of steam Tuesday as sentiment turns cautious ahead of Jackson Hole.

Barchart

Down 42% YTD, Is It Time to Buy the Dip in This Dividend Aristocrat?

Weak earnings combined with oversupply issues continue to hammer the share price of this lithium producer.

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Fortune

Bank of America tells junior execs to blow the whistle on managers who overwork them

Managers reportedly told employees to downplay how much they were working to avoid triggering an HR policy.

Bored Panda

30 Ex-Workers Are Sharing Info About Their Companies Now That They’re Not Under An NDA

Usually, criticizing your employer while you're still working for them is a bad idea. However, once you're out and have secured a comfortable position elsewhere, you may feel much more liberty to share your experiences and highlight the issues you faced. The post 30 Ex-Workers Are Sharing Info About Their…

Fortune

Bank of America CEO says stretched consumers are turning into nation of bargain hunters and companies are cutting price to respond

The era of post-pandemic revenge spending is over, and that could spell the end of greedflation-driven corporate profits.

International Business Times

Bank Of America CEO Warns Of Consumer Discontent If Fed Delays Rate Cuts

Moynihan said a reduction could be necessary as early as September if inflation continues to ease.

International Business Times UK

Remote Walmart Employees Slam Company After Being Forced To Relocate To Arkansas; Several Already Quit

Walmart's mandate for remote employees to relocate to its Bentonville headquarters has sparked widespread discontent.

International Business Times

Do I Need It? 'Underconsumption Core' Trends On TikTok

Exhausted from a rising cost of living in the United States and non-stop ads, some young adults on TikTok are pushing back.

Fortune

Warren Buffett's sale of 510 million Apple shares will go down as one of the best bets of his career

Apple stock has gone from a screaming bargain when Buffett bought in, to dangerously expensive as he recently started to unload shares.

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