The Latest Breaking News from Bank of America

An investigation found that Bank of America raked in tens of millions of dollars in resubmitted insufficient funds fees. The bank also illegally opened credit cards without customers knowledge.

Bank of America is being ordered to pay more than $100 million to customers for double-dipping on some fees, withholding reward bonuses and opening some accounts without customer consent

Despite recent bullish economic data, Michael Gapen says he still expects a “mild recession” by the start of 2024.

DETROIT — Rob Pacheco estimates that he brought home more money 20 years ago than he does today because of concessions autoworkers made to help save the U.S. auto industry during the Great Recession.

After months of turmoil, the U.S. banking sector is showing some signs of stability. Bank of America (BAC), the second-largest U.S. bank by assets, is stuck with more than $100 billion in paper losses at the end of the first quarter. However, the bank has substantial cash reserves to handle…

Tesla could lose ground to Ford and GM as per Bank of America's Car Wars report, while EVs remain on track to grab a broader market share

Halfway through the year, hopes about AI and a sturdier-than-expected economy are leading to a big rally in stock markets — but a lot of uncertainty still lies ahead.

It had only been a week since graduation and these teenagers were giddy. Summer sprawled out in front of them. College is just a few months away — a future some still can't believe will be theirs.

Nearly midway through Thursday trading, 109 calls are exhibiting unusual options activity. Seventy-six of them have ask prices of $1 or less.