Latest Bank of America Corporation News
Land trusts offer an innovative way to help the middle class afford a home
Makeisha Robey grew up in a three-bedroom house and always wanted to provide the same for her children. But on a preschool teacher’s salary in Atlanta, that dream was out of reach. Her family moved from rental to rental as costs continued to rise. That changed after Robey learned...
Banks' growing reliance on chatbots to handle customer service tasks worries consumer watchdog
NEW YORK (AP) — Can you trust Erica, or Sandi or Amy to increasingly control parts of your financial life without giving you inaccurate information or sending money to the wrong place? That's what the Consumer Financial Protection Bureau is asking in a report released Tuesday,...
Warren Buffett's company recommits to Bank of America stock while dumping other banks
OMAHA, Neb. (AP) — Investor Warren Buffett recommitted to his favorite bank stock, Bank of America, during the first quarter while dumping two other banks as part of a number of moves in Berkshire Hathaway's stock portfolio. Berkshire provided a quarterly update on its U.S....
Washington Commanders timeline under Dan Snyder
Dan Snyder's ownership of the Washington Commanders, which has been a matter of considerable debate for many years, is coming to an end. Snyder has agreed to sell the team for a record $6.05 billion to a group led by Philadelphia 76ers and Devils owner Josh Harris, which also...
To stem the housing crisis, religious congregations are building homes
The crowd that prayed together at Arlington Presbyterian Church’s Sunday worship service had dwindled from more than 100 to a few dozen. Donations dropped, and for years, congregation members grappled with how to reinvent their nearly century-old Northern Virginia church. ...
Negro Leagues Museum starts drive for new $25M facility
KANSAS CITY, Mo. (AP) — The Negro Leagues Baseball Museum is embarking on a fundraising campaign to raise $25 million for a new building to house its education center and what has become one of the world's unique collections of baseball memorabilia. Museum president Bob Kendrick...
How to have a fun summer when your finances fall short
With layoffs, bank closures and inflation, financial tensions remain high for many Americans heading into the summer. In a fall 2022 survey conducted by The Harris Poll for the American Psychological Association, 83% of adults said inflation was a source of stress, and 56% said they and/or their...
Banks are paying savers again after many years of low rates
NEW YORK (AP) — Americans are finally reaping some benefit from keeping their money in the bank. Banks are paying up for savers' deposits in a much bigger way than they have in more than a decade, based on recent earnings reports from the nation's biggest banks. ...
Fox's settlement with Dominion unlikely to cost it $787.5M
Fox Corp.'s $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. On Tuesday, Fox settled with Dominion over charges that Fox News baselessly accused the company of...
Stock market today: Asia trading mixed ahead of earnings
TOKYO (AP) — Asian shares were trading mixed Wednesday, as investors took a wait-and-see attitude ahead of earnings reports and possible moves by central banks. Japan's benchmark Nikkei 225 slipped 0.2% in morning trading to 28,590.40. Australia's S&P/ASX 200 edged up 0.1% to...
