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The Latest Breaking News from Bank of America

Alaska Airlines to Buy Hawaiian: Get Bonus Miles Now

How to use the Alaska Airlines credit card and frequent flyer program to save on trips to Hawaii, Alaska and beyond.

Kiplinger

Elizabeth Warren and Wall Street just declared a truce: ‘I am not usually holding hands with the CEOs of multibillion-dollar banks’

The Massachusetts senator known for being tough on the financial industry has a new target in her sights.

Fortune

Big Bank CEOs Testify Against Basel III Endgame Before Senate Committee

The CEOs of eight top banks visited Capitol Hill on Wednesday to testify against Basel III Endgame, the final stages of regulations in the works for 15 years.

International Business Times

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Sen. Robert Menendez, facing bribery charges, stumps bank CEOs by asking how much their firms paid in settlements for allegedly ripping off consumers

The indicted senator expressed staunch support for the CFPB, which is under a legal threat of its own.

Fortune

Big bank CEOs warn that new regulations may severely impact economy

The heads of the nation’s biggest banks say there are reasons to be concerned about the health of U.S. consumers _ particularly poor and low-income borrowers _ in their annual appearance in front of Congress on Wednesday

The Independent UK

Bank of America CEO Brian Moynihan says YOLO spenders aren't wrung out just yet: 'They're in pretty decent shape'

"The way consumers are spending money is leveling out. But all in all, in pretty decent shape."

Fortune

Is This Warren Buffett Stock Under $50 a Good Buy Right Now?

Warren Buffett's second-largest equity holding after Apple could be due for a comeback year in 2024, especially if rate cuts play out as expected.

Barchart

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Older millennials are ‘feeling the hit’ in this housing market, BofA finds—and a lot of it has to do with student debt

The housing market is uneven, according to the Bank of America Institute, and millennials 35 and older “face a bigger financial burden.”

Fortune

This cash back credit card from Bank of America pays up to 2% back

Get 2% back—or more—plus premium travel benefits for a low annual fee.

Fortune

Starbucks founder Howard Schultz: 'You can do right by your people and your shareholders at the same time'

The American Opportunity Index from the Schultz Family Foundation highlights exactly that.

Fortune

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

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

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news in one place.

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International Business Times

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.

Fortune

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.

StockNews.com

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…

Fortune

Best travel credit cards of 2024

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

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news in one place.

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Zenger

October CPI Could Signal Crucial Shift In Economic Landscape

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

Fortune

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.

Kiplinger

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.

Fortune

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.

Barchart

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

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...

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