Executives have been “careful about overexpecting,” Bank of America CEO Brian Moynihan said.Stephanie Keith/Bloomberg via Getty Images KEY TAKEAWAYS U.S. banks may be slowly turning a corner in the second half of the year after a nervous first six months ...

(Bloomberg) -- To American business leaders who hoped that Donald Trump’s return to the White House would immediately usher in an era of unfettered deal-making, Andrew Ferguson seemed like a cold shower. In early meetings with CEOs, congressional testimony and ...

Bank of America - Photo courtesy of Michael Berlfein on Shutterstock Bank of America Monday announced an additional $1 million in philanthropic funding to Los Angeles nonprofits for wildfire recovery efforts, bringing its total fire-related contributions to over $3.5 million ...

The Consumer Financial Protection Bureau (CFPB) has announced an updated report on Americans who were credit invisibles or had an insufficient credit history to have a credit score. “Technical Correction and Update to the CFPB’s Credit Invisibles Estimate” found that ...

Bank of America Corporation (NYSE:BAC) is one of the best US stocks to buy and hold in 2025. As Los Angeles marks 6 months since the onset of the January 2025 wildfires, Bank of America announced on July 7 an ...

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced bills to cap credit card interest rates, but ...

The move deepens InDebted’sstrategic expansion into the U.S. telecommunications sector. ACA International member company InDebted, the global fintech transforming the collections experience through empathy and technology, has acquired U.S.-based collections agency AmSher. The acquisition accelerates InDebted’s mission to transform the ...

Jonathan Gould, comptroller of the currency nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Thursday, March 27, 2025. Photographer: Tierney L. Cross/Bloomberg Tierney L. Cross/Bloomberg WASHINGTON ...

On June 20, 2025, the Supreme Court issued perhaps the most momentous decision in Telephone Consumer Protection Act history with McLaughlin Chiropractic Associates, Inc. v. McKesson Corp. This landmark ruling jettisons decades of established practice that bound district courts to follow the Federal ...