Bank of America Corp

BAC

Bank of America Corp

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Earnings slide ongoing for banks; BofA Q2 profit dips 32%

NEW YORK (AP) — Bank of America's second quarter profits fell 32%, the latest major U.S. bank to report a dip in earnings after a strong 2021.

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Abortion ruling thrusts companies into divisive arena

The Supreme Court's decision to end the nation’s constitutional protections for abortion has catapulted businesses of all types into the most...

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Fed's Powell facing rising criticism for inflation missteps

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession. As threats...

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Hot inflation dims likelihood Fed can achieve 'soft landing'

WASHINGTON (AP) — For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to...

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Asian shares mostly lower as inflation worries cloud outlook

TOKYO (AP) — Asian shares were mostly lower on Tuesday as worries over inflation tempered optimism over President Joe Biden’s remark that he was...

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Buffett's firm reveals new stakes in Paramount, Citigroup

OMAHA, Neb. (AP) — Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51...

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Asian indexes mixed in choppy trading, echoing Wall Street

TOKYO (AP) — Asian shares were mixed in choppy trading Thursday, as inflation worries and the war in Ukraine had investors partly optimistic while...

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Asian shares mixed after tech-led rally on Wall Street

BANGKOK (AP) — Stocks were mixed in Asia on Wednesday after a rally on Wall Street led by technology stocks.

News |

Bank of America Q1 profits fall 12%, much less than rivals

NEW YORK (AP) — Bank of America posted a 12% decline in first-quarter profits from a year earlier, a decline that was much less than the ones its...

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Asian shares slip as Japan 'tankan' shows weaker outlook

TOKYO (AP) — Asian shares were mostly lower Friday as a resurgence of Russian attacks dashed hopes for any quick end to the war in Ukraine.

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Asian shares rise after Wall Street rally led by tech shares

TOKYO (AP) — Asian shares rose Wednesday, following a rally on Wall Street led by technology companies, although investors remain concerned about...

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Trump a pariah? New $100 million bank loan suggests not

NEW YORK (AP) — A bank's decision to loan Donald Trump's company $100 million is the latest evidence the former president might survive fraud...

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Asian stocks rise after Fed chair supports smaller rate hike

BEIJING (AP) — Asian stock markets rebounded Thursday and oil prices climbed higher after the head of the Federal Reserve said he supports a...

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Stocks fall, oil tops $100 a barrel as Ukraine war rages

BEIJING (AP) — Asian stock markets slid Wednesday and oil prices surged more than $5 per barrel as Russian forces stepped up attacks on Ukrainian...

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Asia shares rise after US rebound amid sanctions on Ukraine

TOKYO (AP) — Asian shares rose Friday after U.S. stocks recovered toward the end of a wild trading day, as the world, including President Joe...

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Insider Q&A: Brian Moynihan, CEO of Bank of America

NEW YORK (AP) — As CEO of Bank of America since 2010, Brian Moynihan has been largely credited with rebuilding the bank after the Great Recession...

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