Billionaire Warren Buffett Sold 34% of Berkshire's Stake in Bank of America and Is Piling Into a Beloved Consumer Brand That's Soared 7,600% Since Its IPO
The Oracle of Omaha has shed over 352 million shares of Bank of America stock since the midpoint of 2024 in favor of a $1.1 ...
Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
Trump calls for lower interest rates to go 'hand-in-hand' with tariffs: 'Lets rock and roll, America'
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t ...
Bank of America (NYSE:BAC) Looks for No Interest Rate Movement
One point that might bring the Federal Reserve and the recently-minted Trump administration into conflict going forward is a stance over ...
Trump wants interest rate cuts. The market isn't buying it.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to ...
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Bank of America resets interest rate cut forecast after inflation shocker
(Tom Williams/CQ-Roll Call, Inc via Getty Images)Tom Williams/Getty Images Powell said the central bank had lowered its benchmark interest rate by a full percentage point last year. Further ...
Inflation, interest rates, and market confusion: What’s next?
It’s not logical for the dollar to fall when the US has the better growth, inflation not cooling, a semi-hawkish central ...
Top 2 cheap stocks to buy for 2025
Bank of America says value could outperform growth in 2025. Its strategist is particularly bullish on First Solar and CVS Health.
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Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means that the Federal Reserve will probably hold off on cutting its benchmark interest rate.