News

The Trump administration has made clear its trade policy is partly aimed at bringing manufacturing jobs to the U.S. But economists at Bank of America say that process has peaked, except in a few ...
Bank of America said unmitigated earnings-per-share could tank 20% across the sector unless current tariff announcements are adjusted. Earnings are the chief driver of a stock's performance.
BofA downgraded FrontView REIT (FVR) to Underperform from Neutral with a price target of $11, down from $15, after the company announced the appointment of Sean Fukumura as Interim Chief Financial ...
BofA now expects gold to trade at $3,063 per ounce (oz) in 2025 and $3,350/oz in 2026, it said in a note on Wednesday. This is an increase from its previous forecasts of $2,750/oz for 2025 and ...
Investors should sell the rally in US stocks and the dollar, BofA analyst Michael Hartnett said. "We remain [first-half] buyers of dips in bonds, international & gold, sellers of SPX/US$ rallies." ...
As BofA repriced deposit rates to slow the pace of contraction, interest-bearing deposits increased 2.8% during the fourth quarter, while noninterest-bearing deposits declined more than 15%. "We feel ...
Emerging-market stocks are “the next bull market” as they benefit from a weaker dollar and an economic recovery in China, according to Bank of America Corp.’s Michael Hartnett.
Bank of America said Monday it will open 165 branches by the end of 2026, the latest big US lender to announce more brick-and-mortar locations following a decade of industry retrenchment.Rival ...
Bank of America downgraded PepsiCo shares from "buy" to "neutral" and cut its target price for the beverage and snack giant by 16% on Tuesday. Pepsi's snack business, Frito-Lay, ...
The rush into technology stocks is resembling the bubble of 1999, reflecting an assumption that the economy will perform strongly despite tighter monetary policy, according to Bank of America Corp ...
Strategists at BofA Global Research said it is time to sell the U.S. stock market rally ahead of a potential surge in the unemployment rate next year. “Bears (like us) worry unemployment in 2023 ...
On the one-year anniversary of the Oct. 7 massacre, Bank of America is scrambling to put a lid on a planned "moment of silence" that has angered Jewish employees and sparked complaints to the bank ...