Tag: Bank Of America
Bank of America Q2 profits drop as higher interest rates slow...
NEW YORK (AP) – Bank of America Corp. said its profits fell in the second quarter, as higher interest rates ate into BofA's expenses,...
CVS Health Corp. starts $5B bond sale
WOONSOCKET – CVS Health Corp. started selling $5 billion in investment-grade corporate bonds a week after the company missed first-quarter expectations and chopped its...
Bank of America profits fall 50% in fourth quarter of 2023
NEW YORK (AP) – Bank of America Corp. saw its fourth-quarter profit fall more than 50% from a year earlier as the banking industry...
Big-bank CEOs warn that new regulations could harm the economy
NEW YORK (AP) – The heads of Wall Street's biggest banks used an appearance on Capitol Hill to plead with senators to stop the...
U.S. consumers keep spending despite high prices and their own gloomy...
WASHINGTON (AP) – A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is...
What will federal financial disclosure forms tell us about CD1 candidates?
Republican congressional hopeful Gerry Leonard is receiving nearly $150,000 a year between his military pension and disability pay, while Democratic rival Gabe Amo lost...
Restaurant industry proves resiliency as it rebuilds
Like countless other industries, the restaurant industry has been completely redefined by the COVID-19 pandemic. Restaurant owners felt optimistic about the post-COVID world but...
Bank of America net income jumps 19%, extending the rally for...
NEW YORK (AP) – Bank of America Corp. said its profits grew 19% in its most recent quarter, the latest of the big banks...
BofA to pay more than $100M for doubling fees, opening accounts...
Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts without...
Bank of America agrees to settle customer class action suit for...
PROVIDENCE – Bank of America Corp. agreed this week to pay out $8 million to customers to settle a class action lawsuit that claimed...
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