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The Latest Breaking News from Bank of America

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

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

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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

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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

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.

Barchart

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.

Kiplinger

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.

Barchart

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.

Fortune

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…

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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.

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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.

Fortune

The share of Americans living in the West has fallen for the first time in 100 years

“The places that are most expensive are seeing the biggest drops,” explained a Bank of America senior economist.

Fortune

As regulators circle JPMorgan-owned Zelle it's fraud boss calls for more law enforcement funding to fight scams

The payment platform owned by JPMorgan, Bank of America and Wells Fargo is being investigated by regulators, but says the real solution is more money to law enforcers

Top News

Bank Of America Economist Predicts Unlikely Recession Amid Market Chaos

Insights on recent stock market turbulence and recession fears, with an economist's optimistic outlook.

Kiplinger

Why Did Warren Buffett Slash His Stake in Apple Stock?

Warren Buffett's Berkshire Hathaway dumped Apple, its top stock, by almost half.

Fortune

Powell faces a market mutiny if he doesn't make a September rate cut—Wall Street has 'locked in' timings after unemployment concerns

"The bottom line is that the weaker-than-expected July employment report led us to change our baseline expectation for the first Fed to September."

Fortune

Work-life balance is a 'gauntlet' for women, Ellevest founder Sallie Krawcheck says

Sallie Krawcheck has held a variety of top jobs at Wall Street titans like Sanford C. Bernstein, Smith Barney, Merrill Lynch, and Bank of America.

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