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The Latest Breaking News from Bank of America

Bank of America Fined $12M for Reporting False Mortgage Data

Bank of America fined over routinely filing false mortgage lending data to the government, the CFPB says.

Kiplinger

Unique 3% cash-back categories for flexible spending

The Bank of America Customized Cash Rewards card offers flexible 3% cash-back categories plus up to 75% more rewards for BofA Preferred Rewards members.

Fortune

Despite strong economy, Texas cities grapple with excess office space

As remote and hybrid working become the new normal, major Texas cities are facing a decline in office tenants. It’s too soon to tell what that means for the vitality of downtowns.

The Texas Tribune

From analysis to the latest developments in health,
read the most diverse news in one place.

Most sponsors of Cop28 have not signed up to UN-backed net zero targets

Firms including Bank of America have made no commitment to cut emissions in line with target system, analysis finds

The Guardian - UK

Bank of America To Pay $12 Million Fine For Inacurate Mortgage Data

The bank failed to accurately reported answers on demographic data that can be used to identify possible discriminatory practices, CFPB said.

International Business Times

Avoid a hard pull on your credit with preapproved card offers

See which providers that offer preapproval for select cards, without doing a hard inquiry that impacts your credit score.

Fortune

Are Bank of America (BAC) and M&T Bank (MTB) Still Wise Investment Choices?

The central bank officials have recently expressed little interest in cutting rates anytime soon. With the recent Fed meeting minutes suggesting a continuation of a “restrictive” policy, rates will likely remain higher for longer. In this piece, I have discussed how the U.S. banking industry is expected to perform amid…

StockNews.com

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Best travel credit cards of 2024

We analyzed more than 50 cards to find the best travel credit cards.

Fortune

October CPI Could Signal Crucial Shift In Economic Landscape

The stability of the inflation remains complex that could affect future rate adjustments.

Zenger

This chart shows why millennials, the biggest generation in American history, will keep housing prices sky-high for years to come

“The crux of the issue is supply,” says Ned Davis Research. Too many millennials chasing too few homes leads to housing market inflation.

Fortune

Best Foreclosure Sites for Finding Properties

Wondering how to find foreclosed homes for sale for your next residence or to flip for a profit? These websites will guide you to foreclosures and real estate-owned properties to buy.

Kiplinger

From Wall Street to Main Street and tax cuts to bailouts, BofA just dropped a list of 15 huge changes for investing in the 2020s

Goodbye capital, hello labor. Au revoir tax cuts, bonjour bailouts. And finally, farewell to deflation, and a weary welcome to inflation.

Fortune

Bank of America® Unlimited Cash Rewards review: unlimited 1.5% cash back on all purchases with no annual fee

The Bank of America® Unlimited Cash Rewards credit card is best for Bank of America Preferred Rewards members who can earn extra rewards on every purchase.

Fortune

Stocks Finish Higher on Dovish Fed Hopes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.37%. Stocks on Monday mildly extended last week’s rally, with...

Barchart

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news in one place.

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Barchart

Stocks Strengthen on Hopes Fed Rate Hikes Are Done

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. Stocks today extended last week’s rally, with the Dow...

Barchart

Markets Today: Stocks Gain on Carryover from Hopes Fed Is Done Tightening

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.16%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.17%. Stock index futures this morning are slightly higher on positive carryover from last Friday when the weaker-than-expected U.S. October payrolls report and Oct ISM services report showed...

The Independent UK

Bank of America customers face deposit delays amid widespread issue

Other institutions including Wells Fargo and Deloitte were also affected by unspecified tecnhical issues on Friday

Barchart

3 Bear Put Spread Trade Ideas For This Tuesday

A bear put spread is a vertical spread that aims to profit from a stock declining in price. It has a bearish directional bias as hinted in the name. Unlike the bear call spread, it suffers from time decay so traders need to be correct on the direction of the…

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news in one place.

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The Guardian - UK

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

Fortune

The ‘great wealth transfer’ isn't $73 trillion but $129 trillion, Bank of America says—and the government gave most of it to baby boomers

Boom! Government policy has really enriched a certain generation of Americans—ones who have been in power for decades.

Fortune

Fortune Recommends the best business credit cards

We found the best business credit cards for small business owners with a variety of different needs.

Fortune

Boomers won the housing market and millennials got screwed, BofA says. ‘Everyone locked in 3% mortgage rates, except Millennials’

"Most Boomers locked in low mortgage rates,” the bank said. “The only group that took out mortgage debt meaningfully since 2021 is Millennials, seeing a 20% jump.”

The National (Scotland)

Leading bankers say Scotland's bond plan will boost nation's profile

LEADING bankers have backed Humza Yousaf’s plan to issue Scottish Government bonds.

Fortune

Instacard Mastercard review: Lucrative rewards that go beyond groceries

New cardholders also get a free year of Instacart+ and a $100 statement credit.

WEKU

A new benefit at top companies: College admissions counseling

A growing number of companies say it's a way to keep workers. Critics call it another leg up for families that can already afford counseling.

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