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The Latest Breaking News from Bank of America

BofA Offers Housing Relief to People of Color

A 29-percentage-point gap in homeownership exists between Whites and Blacks, and for Hispanics, it's 21 percentage points.

The Street

Banks Are Still Digging Into Consumers' Pockets

U.S. consumers are withering under sharp inflation and increasing corporate layoffs. That's not all.

The Street

5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'

Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff.

Benzinga

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Bank of America launches zero-down mortgages for Black, Latino homebuyers in 5 cities

Bank of America has chosen five cities to pilot a new nationwide program aimed to help first-time homebuyers in Black and Latino communities.

Tribune News Service

Check Out What Whales Are Doing With BAC

A whale with a lot of money to spend has taken a noticeably bearish stance on Bank of America. Looking at options history for Bank of America (NYSE:BAC) we detected 20 strange trades.

Benzinga

Texas Roadhouse Makes BofA Small-Cap Stock List

Bank of America's list include stocks with operating margin expansion and positive earnings-estimate revisions,

The Street

Back-to-School Shopping: 5 Mistakes That Will Bust Your Budget

With a recession possibly approaching, building an effective back-to-school budget is not easy. But here are careless mistakes to avoid.

The Street

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Here Are Warren Buffett's Best Performing Dividend Stocks

Warren Buffett's Berkshire Hathaway Inc. Class A (NYSE: BRK-A) lists numerous dividend stocks among its holdings, with the highest-yielding companies returning at least 3%.

Benzinga

Bank of America Whale Trades For August 22

Someone with a lot of money to spend has taken a bullish stance on Bank of America (NYSE:BAC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

5 Kohl's Analysts On Bloated Inventory, Guidance Cut: 'Fundamentals Are Likely To Get Worse'

Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth.

Benzinga

A Remedy For Wages Falling Behind Inflation? Join A Small Business Where Wages Are Hot

Bank of America economists Anna Zhou and Taylor Browley released a note on Aug. 16 regarding the analyst firm's small business checkpoint.

Benzinga

Analysis: 100 banks, 1,000 suspects: German fraud probe puts Scholz on the spot

German chancellor Olaf Scholz faces lawmakers' questions this week over his role in tackling a multibillion-euro tax fraud as a sprawling probe into the scheme threatens to undermine him as he grapples with an energy crisis and the fallout of war.

Reuters

4 Rivian Analysts On Sales Growth, Widening Losses: Is EV Maker Back On Track After 'Horror Show' IPO?

Rivian Automotive Inc (NASDAQ: RIVN) shares were falling slightly Friday after the company reported impressive second-quarter revenue growth but said 2022 losses would be wider than expected.

Benzinga

Starbucks, Others Could Benefit When Fed Pivots: Bank of America

While the Federal Reserve is still increasing rates, it could begin cutting in the third quarter next year, Bank of America says.

The Street

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Benzinga

This Is What Whales Are Betting On Bank of America

The Street

Consumers: Not Drowning but Not Soaring Either

A Bank of America Institute report on July consumer payments shows a mixed inflation picture for consumers.

Benzinga

Bank Of America's Premarket Movement: What To Watch For As The Stock Trades In This Pattern

Bank of America Corp. (NYSE: BAC) was trading slightly higher in the premarket on Wednesday after a slightly bullish day on Tuesday caused the stock to close 1.28% higher.

Benzinga

An Unlikely Match - What's Moving Crypto

Happy Friday Everyone! 👋 With the Merge approaching, Ethereum (CRYPTO: ETH) Name Service saw 378,000 new domain registrations last month. There are now over 1.8 million .eth addresses owned.

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Benzinga

6 Advanced Micro Devices Analysts React To Earnings Beat, Guidance Miss, Market Share Gains

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares traded lower by 4.3% on Wednesday after the semiconductor giant reported better-than-expected second-quarter numbers but disappointed Wall Street with its third-quarter guidance.

The Street

Index Funds or Actively Managed: Which Is Right for You?

In the exchange-traded-fund space, more actively-managed funds are entering the market.

The Street

Add Another Housing Bear -- Bank of America's Think Tank

The median sales price for existing homes reached $416,000 in June, jumping 13.4% from a year earlier.

Benzinga

Bank of America Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Bank of America. Looking at options history for Bank of America (NYSE:BAC) we detected 17 strange trades.

The Street

Stocks' Ascent Will Soon be Grounded: Bank of America

Stocks have notched a substantial recovery in recent weeks, with the S&P 500 climbing 13% since June 16.

Benzinga

6 Amazon Analysts React To Q2 Earnings Report: 'Our Top '22 FANG Stock'

Amazon.com, Inc. (NASDAQ: AMZN) shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate.

Benzinga

Bank of America Whale Trades For July 29

A whale with a lot of money to spend has taken a noticeably bearish stance on Bank of America. Looking at options history for Bank of America (NYSE:BAC) we detected 45 strange trades.

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