Bank of America

681 results

Consumer technology in the Covid-19 environment is essential, not nice-to-have.

The grotesquely lopsided nature of the record-breaking rally in US stocks reveals a good deal about modern human behaviour and about what investors no(...)

Photograph: Spencer Platt/Getty

The US market hit all-time highs last week and has now rallied more than 50 per cent since bottoming in March. With this happening in the middle of a (...)

‘Additional fiscal aid would likely be important for supporting vulnerable families, and thus the economy more broadly, in the period ahead,’ the Fed minutes said. Photograph: Brendan Smialowski/AFP

US Federal Reserve officials have moved closer to a consensus on how to take further action to help the economy weather the protracted coronavirus cri(...)

In Asia-Pacific, Australia’s S&P/ASX 200 rose 0.8 per cent. China’s CSI 300 index of Shanghai and Shenzhen-listed stocks fell 0.1 per cent and Hong Kong’s Hang Seng gained 0.1 per cent.

Wall Street’s benchmark stock index has struck an all-time intraday high after rallying more than 50 per cent from the bear-market low hit during the (...)

One bondholder described the deal, which implies a recovery value of about 55 cents on the dollar, as a “creative compromise”. Photograph: iStock

By the time members of Argentina’s biggest bondholder group hopped on to their weekly conference call at 9am on Monday, August 3rd, the anxieties of t(...)

Berkshire Hathaway chief executive Warren Buffett. The holding company said the effects of the pandemic on the airline sector ‘continues to be particularly severe’. Photograph: Johannes Eisele/AFP

Warren Buffett’s Berkshire Hathaway reported a surge in profits in the second quarter as the value of its stock portfolio rebounded, offsetting a near(...)

Bad as the second quarter was for United Airlines, it wasn’t as dismal as analysts’ expectations for the US airline. Photograph: iStock

United Airlines may have spent 1,150 days undergoing painful restructuring after filing in 2002 for what remains the largest-ever airline bankruptcy. (...)

The Fearless Girl statue stands in front of the New York Stock Exchange on Wall Street. Photograph: Angela Weiss/AFP via Getty Images

The S&P 500 has rallied almost 50 per cent since March’s bottom, but investor greed remains conspicuous by its absence. That’s according to the la(...)

Airline stocks including British Airways parent IAG fell on Thursday’s markets. Photograph: Chris Ratcliffe/Bloomberg

European markets were muted on Thursday as some stocks lost part of the gains made a day earlier. Dealers said there was mixed reaction to the Europea(...)

Pedestrians wearing protective masks walk past a Bank of America branch: it has set aside $5 billion to cover loan losses. Photograph: Jeenah Moon/Bloomberg

Bank of America saw its profit more than halve in the second quarter as it set aside $5 billion to cover potential loan losses, while warning that it (...)

  • « First
  • Prev
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • Next
  • Last »