Tag: Bank Of America
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...
Fed unleashes another big rate hike in bid to curb inflation
WASHINGTON (AP) – The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight...
‘Hybrid’ return to office gaining steam in R.I.
PROVIDENCE – Many Rhode Island employees have slowly been returning to the office over the past year, but the office hasn’t returned to normal...
Bank of America Q1 profits fall 12%, much less than rivals
NEW YORK (AP) – Bank of America posted a 12% decline in first-quarter profits from a year earlier, a decline that was much less...
Bank of America profits rise 28%, wage expenses up too
NEW YORK (AP) — Bank of America Corp. said its profits rose 28% last quarter from a year earlier, but the bank faced the...
ESG should be focal point for all businesses
Increased awareness around climate change, racial and social equity issues and COVID-19 has changed the way that many companies in Rhode Island and elsewhere...
Are you ready for a digital transformation?
Technological innovation is integrated throughout the daily operations of companies across industries. According to a recent report by consulting company Accenture, “future-ready” organizations –...
Crack down on bank mergers could help economy
President Joe Biden signed a sweeping executive order in July that aims to increase competition throughout the U.S. economy. In one of the order’s...
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