Tag: Bank Of America
Bank of America signs on as new Boston Marathon sponsor
BOSTON (AP) – The Boston Marathon has agreed to a 10-year sponsorship deal with Bank of America that organizers hope will allow the world's oldest and...
Former Bank of America CEO Richard Rosenberg dead at 92
NEW YORK (AP) – Richard Rosenberg, who doubled the size of Bank of America in the 1990s as chairman and CEO and started the bank on...
Fed’s Barkin: ‘Slow progress’ on inflation, sees more hikes
WASHINGTON (AP) – A top Federal Reserve official downplayed recent signs that the economy is strengthening, but also said he is prepared to keep...
U.S. economy slowed but still grew at 2.9% rate last quarter
WASHINGTON (AP) – The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of...
Treasury Dept. now taking ‘extraordinary measures’ on debt
WASHINGTON (AP) – The countdown toward a possible U.S. government default is in the offing, and frictions between President Joe Biden and House Republicans are...
Bank of America profits rise; bank warns of slowing economy
NEW YORK (AP) – Bank of America's fourth-quarter profits rose slightly from a year ago, as higher credit costs and potentially bad loans more...
Bank of America awards $200K to New Urban Arts, Housing Network...
PROVIDENCE – Two Rhode Island organizations were recently awarded $200,000 each through Bank of America Corp.’s 2022 Neighborhood Builders program, according to a news...
U.S. retail sales rose 1.3% last month, a sign of resilience
WASHINGTON (AP) – Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday...
Fraud, scam cases increasing on Zelle, Senate report finds
NEW YORK (AP) – Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report...
U.S. inflation slips from 40-year peak but remains high 8.5%
WASHINGTON (AP) – Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall...
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