For now, Kugler said, the Fed is well positioned to respond to changes in the economy after holding interest rates steady at three straight policy meetings to start 2025. Trump's China Deal Makes ...

Stock futures slipped on Tuesday after a sharp jump in the previous session after a trade agreement between the U.S. and China. Investors are awaiting inflation data for April, due at 0830 ET, which ...

Investors are likely to be forced to chase the stock rally sparked by the US-China trade truce after mostly missing out on ...

Americans haven’t stopped spending despite broad economic uncertainty. But a close look at recent data and trends has fed ...

Consumer spending is slowing down across all income levels, according to the Bank of America’s research arm. The Bank of ...

The stunning US stock rebound is likely over, even as the US takes steps toward trade negotiations, according to Bank of ...

Consumer expectations for earnings growth and the availability of jobs in a year declined in April, the Federal Reserve Bank ...

Stagflation is a recession with a combination of high inflation and high unemployment. This economic worst-case scenario is ...

Our team reviewed 154 of the country’s largest and most prominent financial institutions, from big banks like Chase and Bank of America to credit unions like Navy Federal Credit Union and PenFed ...

Bank of America has announced a new wave of branch closures across the United States. So far in 2025, the financial institution has shut down locations in more than 10 states, including California ...

Bank of America will invest $4 billion in AI and related technology innovations this year, but the financial services giant’s 7-year-old homemade AI agent, Erica, remains a key ROI generator ...