Latest Bank of America Corporation News

Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets

May. 15, 2024 17:05 PM EDT

NEW YORK (AP) — Your wallet may soon be getting thinner. Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in...

Japan's currency falls to its weakest since 1990 against the dollar as the yen keeps yelping

Apr. 29, 2024 13:07 PM EDT

NEW YORK (AP) — Some of the world's wildest action in financial markets is roiling around the Japanese yen. The value of Japan's currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. dollar....