How the Fed's rate cut will impact auto loans
The Federal Reserve cut interest rates for the first time in four years on Wednesday, which will directly impact auto loan rates -- but don't expect a big change anytime soon.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030. Should that level hold,
What impact will the Federal Reserve's rate cut have on stocks?
"The markets were crossing their fingers for a larger cut." The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by an unusual amount of market uncertainty as to how much the central bank would lower its benchmark rate from a two-decade high of 5.
European markets close higher after Bank of England holds rates, Fed cuts
European markets closed higher Thursday as investors digested the latest monetary policy decisions from the U.S. Federal Reserve and the Bank of England.
Stock Market Today: Dow tops 42,000, pushes deeper into record territory after Fed's big rate cut
Money-market funds shed $20.02 billion in assets in the past week, according to data from the Investment Company Institute. While balances were still lofty at $6.3 trillion for the week ending Wednesday,
What's Going On With Bank Of America (BAC) Shares
Bank of America Corp (NYSE:BAC) shares are trading higher by 2.57% to $40.64 Thursday morning. Major indexes and several bank ...
Bank of America: Why Valuation Matters
Bank of America remains a well-managed, well-capitalized, shareholder-friendly institution. Click here to read an analysis of ...
US bank stocks rise as jumbo rate cut eases credit risk, cost concerns
U.S. bank stocks rose on Thursday, a day after the Federal Reserve cut interest rates by 50 basis points, which is expected ...
Best 6-month CD Rates of September 2024: Up to 5.10%
CD rates are currently offering some of the highest yields available. Our top picks will help you compare options from some ...
Bank of America: Triple Whammy Ahead
Investing in Bank of America may be risky due to rising non-performing real estate loans, potential property tax hikes, and ...
Warren Buffett Has Been Selling Bank of America Stock. Here's Why You Can Still Buy It.
Warren Buffett's company Berkshire Hathaway has built one of the largest and most successful stock portfolios in the world. It's now worth more than $300 billion. It's a great endorsement to be in ...
Bank of America CEO Says Buffett Has Been a Great Backer, Has Not Asked About Stock Sales
Buffett's Berkshire Hathaway, the biggest shareholder in BofA, has been trimming its stake in the U.S. lender, making total ...
Think America’s bank branches are useless? Not for 3 specific actions you should always take in person
Here are three banking actions you'll want to take in person rather than via your laptop or mobile phone. Conducting any ...
Should You Buy Bank of America While It's Below $45?
The company's massive scale, with operations in 35 countries, is another advantage. Bank of America can easily acquire and ...
Maine small business owner hopes to warn others after falling victim to bank imposter scam
A southern Maine small business owner is hoping to warn others after losing thousands of dollars to scammers who were posing ...
America’s Inflation Fight Is Ending, but It’s Leaving a Legacy
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without ...