The dynamic is part of a virtuous cycle that supports U.S. employment, vs. an earlier boom that supported overseas producers of goods, CEO Brian Moynihan said.
Category: Finance News
If you need more time for your tax return, do this today or ‘miss the opportunity,’ pro warns
Tax Day is April 18 for most Americans and the last chance for many to file an extension. Here’s what to know if you need more time for your federal return.
Fewer new cars qualify for $7,500 electric vehicle tax credit. Here are 2 alternatives
The number of electric vehicles that qualify for a $7,500 tax credit fell by half on April 18. But buying a new car isn’t the only way to a get a tax break.
Stocks making the biggest moves midday: Southwest Airlines, Goldman Sachs, Bellus Health and more
These are the stocks posting the largest moves in midday trading.
Fed Governor Bowman casts doubt on the need for a U.S. digital dollar
A CBDC could intrude on the privacy of users and harm banks while providing few benefits otherwise, Bowman said in a speech.
Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time’
Atlanta Fed chief thinks the FOMC can watch and wait as the lags that come with monetary policy work their way through the economy.
Traders wait to see if Netflix can keep its streak of subscriber surprises going
Netflix’s post-earnings stock performance all comes down to subscriber adds.
Bank of America CEO Brian Moynihan says he sees a relatively mild recession
Moynihan said Bank of America’s research team has been consistent in calling for a mild downturn in light of the Fed’s rate hikes.
SEC’s Gensler in congressional hot seat today over climate change and crypto
Oversight hearings are normally a snoozefest, but this one has the potential for fireworks.
Ramit Sethi: Avoid these 3 toxic money beliefs to build wealth
Ramit Sethi, self-made millionaire and star of the new Netflix show “How To Get Rich,” lists three toxic money beliefs that could be holding you back from wealth creation.