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Bank of America

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BofA extends guaranteed FX rate window to a year

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(Reuters) - Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in...
Bussiness

Is gold safer than U.S. Treasury bonds as federal debt keeps soaring?

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Backed by the full faith and credit of the federal government, U.S. Treasuries bonds have long been viewed as the gold standard in safe...
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Gold is the ‘last safe haven’ as Treasurys face risks from soaring US debt, Bank of America says

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Traders and central banks should increase exposure to gold, Bank of America says.The strategists say Treasurys face risks as US debt levels soar.The analysts...
Bussiness

Buffett’s Berkshire continues to reduce Bank of America stake

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(Reuters) - Billionaire Warren Buffett's Berkshire Hathaway has unloaded more Bank of America stock as it continues to trim stake in the U.S. banking...
Bussiness

Investor sentiment sees biggest jump since June 2020 but offers a sign of caution

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Investor sentiment saw its largest jump in nearly four years during October amid resilient economic data and the start of interest rate cuts from...
Bussiness

Stock market today: Wall Street hangs near its records as bank stocks rise, oil tumbles

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NEW YORK (AP) — U.S. stocks are hanging near their records after several big banks delivered stronger profits for the summer than analysts expected,...
Bussiness

MORNING Bid: Tokyo reopens to S&P 500 record, yuan down

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By Alden Bentley(Reuters) - A look at the day ahead in Asian markets.While Chinese shares did not quite know how to react to Beijing's...
Bussiness

The new reality for big food stocks: Shrinkflation, upset shoppers, and excessive meat sticks

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This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:The investor appetite...
Bussiness

Retail sales, big banks’ results, and Netflix earnings: What to know this week

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Stocks closed another week at record highs as investors began to digest quarterly earnings releases and debate intensified over what the Federal Reserve will...
Bussiness

Warren Buffett’s Berkshire Hathaway trims Bank of America stake below 10%

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Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) has dropped its holdings in Bank of America (BAC) down below a 10% threshold, capping three months of...
Bussiness

Buffett’s Berkshire cuts stake in BofA to below 10%

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(Reuters) - Billionaire Warren Buffett's Berkshire Hathaway unloaded more Bank of America stock this week that takes its stake in the U.S. banking giant...
Bussiness

Buffett’s Berkshire cuts stake in BofA to below 10%

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(Reuters) - Billionaire Warren Buffett's Berkshire Hathaway unloaded more Bank of America stock this week that takes its stake in the U.S. banking giant...
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