BofA

In the post-Bretton Woods era, US interventions in foreign exchange markets have become rare in the twenty-first century. Under the influence of the Plaza and Louvre Accords, US foreign exchange policy evolved under the “strong dollar”…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

Editorial LewisTsePuiLung/iStock via Getty Images The Federal Reserve and the Federal Deposit Insurance Corp. said Friday they had identified deficiencies in JPMorgan Chase's so-called living will plans (New York Stock Exchange:…

Cruise line inventory Royal Caribbean (NYSE:), Carnival Corp. declined. (NYSE:), Danish Cruise Line (NYSE:), and Viking Holdings (VIK) on Friday after Bank of America analysts said in a note they see a modest decline in cruise…

In a note issued earlier in the week, economists at Bank of America explored why fiscal impetus has faded despite persistently large deficits. The bank's latest US weekly economic review noted that the slowdown in private and public…

Editorial jetcityimage/iStock via Getty Images 3M(New York Stock Exchange: mmm) +1.9% In Friday trading, Bank of America upgraded its shares to buy from Neutral with a price target of $120, up from $105, citing new CEO Bill Brown's…

He calms down Bank of America reaffirmed its outperform rating for Apple (Nasdaq: Apple) on Wednesday as the tech giant gets closer to unveiling its generative AI strategy at its developer conference next month. Shares were little…

Bank of America (BofA) has released a report predicting that commodity trading advisors (CTAs), known as trend followers, are expected to sell the US dollar (USD) in large quantities this week. The report notes that these traders are…

Bank of America (BofA) highlighted several factors contributing to potential headwinds for the US Dollar (USD). The bank pointed to recent negative surprises in US economic data and growing positive sentiment towards the Chinese economy as…

Rising auto insurance premiums have been a notable driver of inflation in the past few months. In April, auto insurance jumped 22.6% from a year earlier, the largest increase since 1979, Stephen Juneau, an economist at Bank of America…