Latest Bank of America Corporation News
Homeowners face rising insurance rates as climate change makes wildfires, storms more common
NEW YORK (AP) — A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report says. A report from First Street Foundation...
Stock market today: Wall Street closes its worst week in the last 3 with a quiet finish
NEW YORK (AP) — Stocks edged higher on Friday, but not by enough to keep Wall Street from closing out its first losing week in the last three. The S&P 500 ticked up 6.35 points, or 0.1%, to 4,457.49 after falling for three straight days. It lost 1.3% for the...
Stock market today: Wall Street's dismal August drags on with 3rd straight losing week
NEW YORK (AP) — Wall Street limped to the finish line of its third losing week in a row on Friday. The S&P 500 barely budged as it ended the week with a loss of more than 2%, like other U.S. indexes. It edged down by 0.65, or less than 0.1%, to 4,369.71. The Dow...
A look at former Washington Commanders owner Dan Snyder's off-field scandals
Dan Snyder remains in the news despite no longer owning the Washington Commanders. Snyder selling the team to a group led by Josh Harris and including Magic Johnson in July for a North American professional sports record $6.05 billion came with the NFL fining him $60 million for...
A $500 million deal to restore Gabon's coast reignites climate finance debate
DAKAR, Senegal (AP) — Gabon will use a controversial financial move to ease its debt burden and restore its oceans at the same time, a leading conservation group said Tuesday. It’s the second-largest deal of its kind to date, and the first on mainland Africa, according to a press...
Stock market today: Wall Street returns to rallying following reports on profits and inflation
NEW YORK (AP) — Wall Street's rally got back on track Friday following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy. The S&P 500 rose 1% to its highest close in more than 15 months. The Dow Jones Industrial...
Stock market today: Asian shares are mixed after Wall St logs 15-month high close on AI hopes
BANGKOK (AP) — Asian shares were mixed on Wednesday after Wall Street’s frenzy around artificial intelligence and stronger-than-expected profit reports from big financial companies helped pushed U.S. stocks to their best level in more than 15 months. Shanghai and Hong Kong fell...
How major US stock indexes fared Tuesday, 7/18/2023
Wall Street’s growing frenzy around artificial intelligence pushed stocks to their best level in more than 15 months. The S&P 500 rose 0.7% Tuesday to its highest finish since early April 2022. The Dow added 366 points, or 1.1%, and the Nasdaq composite climbed 0.8%. ...
Bank of America, Novartis rise; Masimo falls, Tuesday, 7/18/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday. Bank of America Corp., up $1.30 to $30.70. The bank reported strong second-quarter financial results. Synchrony Financial, up 66 cents to $36.17. The...
Bank of America: Q2 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Bank of America Corp. (BAC) on Tuesday reported second-quarter earnings of $7.41 billion. The Charlotte, North Carolina-based bank said it had earnings of 88 cents per share. The results surpassed Wall Street...
