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The Latest Breaking News from Bank of America

Former FBI employees testify on GOP politicization claims after losing clearances

Several FBI employees accused the bureau of politicization in congressional testimony Thursday, a day after the agency announced two of them had seen their security clearances revoked over concerns about how their views of the Jan. 6, 2021, Capital attack affected their work

The Independent UK

Charlotte FBI, Bank of America dragged into congressional dispute over Capitol riot

A suspended FBI employee from Charlotte, North Carolina, who gave whistleblower testimony Thursday to a Republican-led congressional subcommittee had his security clearance revoked over his handling of a Jan. 6-related investigation, and amid questions from his superiors about his “allegiance to the United States.”

Tribune News Service

Alaska Airlines Credit Card: $770 Bonus Offer

The Alaska Airlines credit card offers a bonus worth $770 plus a free companion fare. Bank of America customers get a 10% rewards boost.

Kiplinger

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How CFOs are navigating the debt ceiling standoff

"CFOs need to be prepared with a good risk management perspective," says a former bank examiner for the Federal Reserve.

Fortune

Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure

Berkshire Hathaway boosted positions in its two biggest stock holdings, among notable moves.

Investors Business Daily

Here is one way to invest like Warren Buffet—invest in dividend-paying stocks

Follow Buffett’s lead to build a portfolio of dividend-paying stocks.

Fortune

High Valuations a Concern for Tech Stocks

Recent quarterly earnings results from U.S. technology companies have come in mostly better than expected. However, the positive earnings reports have failed to allay concerns about growth or valuations, keeping uncertainty high about the sustainability of this year’s rally in technology stocks. The tech-heavy Nasdaq 100 Stock Index ($IUXX )...

Barchart

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America's surprise revival: The suburbs

Demographic, housing and business trends are coming together to cause a suburban boom.

Axios

Dow Jones Futures Rise On Apple, PacWest. But Here Comes The Jobs Report.

Apple rose on earnings while PacWest and Western Alliance tried to lead a regional bank bounce. The jobs report looms.

Investors Business Daily

Apple, Geico Help Boost Berkshire's Q1. Buybacks Up 57%.

Berkshire earnings rose solidly in Q1. Warren Buffett addressed a host of important issues, amid economic uncertainty.

Investors Business Daily

Businesses stay quiet on today's anti-trans bills

When North Carolina passed its so-called "bathroom bill" in 2016 the state lost billions from a widespread backlash.

Axios

Political fears hit China stocks

Decades-long foreign bullishness on China's capital markets is breaking down, investment flows and interviews with fund managers suggest, with a new era of uncertainty fuelled by geopolitical risks and US investors especially wary.

Bangkok Post

Best photos from Panthers QB Bryce Young’s introductory press conference

Bryce Young had the Bank jumpin' upon his arrival in Charlotte on Friday afternoon.

USA Today Sports Media Group

'Buy in May, sell in August' says Bank of America strategist

The Bank of America has debunked a market myth and uncovered when investors should really be selling up this summer.

Fortune

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The Independent UK

Stock market today: Asian trading mixed ahead of earnings

Asian shares are trading mixed as investors take a wait-and-see attitude stance of earnings reports and possible moves by central banks

Investors Business Daily

Dow Jones Falls As Goldman Sachs Slides On Earnings; Nvidia Jumps On Buy Rating

The Dow Jones fell modestly Tuesday, as Goldman Sachs dived on weak sales results. Nvidia stock jumped on an analyst buy rating.

Investors Business Daily

Morgan Stanley Tops Estimates Despite Investment Banking Dive; Bank Of America Earnings Leap 18%

Bank earnings continue in earnest as Bank of America, as Goldman Sachs report. Morgan Stanley, U.S. Bancorp beat estimates Wednesday.

Salon

"Net zero" banks greenwashing

"Financial institutions need to be held accountable for their role in financing false solutions."

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news in one place.

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Investors Business Daily

Pinterest CEO Bill Ready Should Be PayPal's Next CEO: Analyst

E-commerce firm PayPal should hire Pinterest Chief Executive Bill Ready as its next CEO, said a Bank of America analyst.

The Independent UK

US retail sales fall 1% amid high inflation, rising rates

Americans cut their spending at retail stores and restaurants in March for the second straight month, a sign consumers are becoming more cautious after a burst of spending in January

Fortune

Safe investments for a tumultuous market

Investors are piling into cash. Here are some strategies for getting the most out of your money.

Fortune

Warren Buffett slams failed banks for doing ‘dumb things’ but says ‘depositors will be safe no matter what’

Buffett blamed failed-bank executives for causing instability in the financial sector Wednesday, but said with regulators’ backing, “banks can go bust” and “depositors aren’t going to be hurt.”

Fortune

How to invest in the A.I. boom: 11 stocks and 4 funds to buy now

Generating returns in your portfolio from the growing field of artificial intelligence.

Fortune

Wall Street hasn’t been this pessimistic about stocks in years

It comes after an analyst at J.P. Morgan warned the market will “turn south and get much worse.”

Barchart

Stocks Add to this Week’s Rally on Friendly Inflation News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.68%. Stock indexes Friday added to this week’s gains, with...

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