The Latest Breaking News from Bank of America

The Washington co-owners hired Bank of America in November.

The Dow Jones rose Wednesday ahead of the Fed's rate hike decision and Fed Chair Jerome Powell's comments. Tesla continues to drop.

CEO Scott Kirby also suggested that the shift to hybrid work would help the airline, as it "makes every weekend a holiday.”

Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks…

“The belief was when the Fed started raising rates that there would be an immediate snap to the economy,” Brian Moynihan said. “That didn't happen.”

WASHINGTON — Apple Chief Executive Officer Tim Cook, Bank of America CEO Brian Moynihan, KKR and Co. co-founder Henry Kravis and film producer Jeffrey Katzenberg were among the guests Thursday at President Joe Biden’s first state dinner honoring French President Emmanuel Macron.

Bank of America says a “mild recession” will raise the unemployment rate to 5.5% next year and cool inflation.

Michael Conley Loyd, 30, from Missouri, stormed into a Bank of America branch in Springfield in July, 2021, stole $754 and quickly escaped in a stolen black pickup truck

A Bank of America analyst has changed his initial ratings on five real estate investment trusts: three are healthcare REITs and two are residential REITs.