Bank of America’s Series L preferred shares outperformed peers. See why BAC stock remains a Hold, despite no Fed rate cuts ...

According to new Bank of America data, what's considered middle-income might be more — or less — than you think. The ...

Today's highest savings account rates feature accounts up to 5.00% APY. Explore the best savings rates and take advantage of high rates while they last.

The US economy could be stuck in a tug-of-war that offers no good solutions for the Fed, as low growth and rising prices ...

Wall Street continued its selloff of financial institutions as the increasing likelihood of a U.S. recession fuels fears of ...

Borrowers looking for affordable lending options have found tough sledding in recent years, thanks to a stubborn run of inflation that has kept interest rates elevated. Personal loans and credit ...

Other banks might compound interest daily or quarterly ... The Preferred Rewards tiers are as follows: Overall, Bank of America savings rates are pretty low, regardless of whether you qualify ...

For the investment banking industry, 2024 was a time of tempered optimism, guarded anticipation, and robust revival.

A permanent 25% tariff on all cars made outside the United States went into effect Thursday. This could make car ownership ...

Traders and economists see increased chances of cuts ahead but Federal Reserve Chair Jerome Powell said central bankers will ...

Trump's new tariffs could shake up interest rates, but banks might not pass the benefits to savers. Learn how to protect your ...

American Express is both a card-issuing bank and a payment processor, so it shoulders all the risk of the cards it issues. That might seem a lot riskier than Visa and Mastercard's hands-off approach, ...