Federal regulators have found
bank of america corp
The American job market remains tight, and banks are scrambling to find people who want to work at their branches. That's why Bank of America is raising its minimum wage to $20 an hour in 2020 — a year earlier than expected.
The deepening trade war between the United States and China could deal a double shock to the fragile oil market.
Bank of America hauled in its fattest profit ever during the second quarter thanks to sturdy spending from households that offset trouble in markets.
Citigroup was one of the hardest hit U.S. banks during the 2008 financial crisis. But it's the king of Wall Street so far this year.
SunTrust is the fourth major US bank to end its business relationships with owners of immigrant detention centers on the border between the United States and Mexico.
Bank of America will end its association with companies that provide prisoner and immigrant detention services at both the state and federal levels. The move comes amid growing public concern about the nation's border policies.
The soft patch in the US economy is unlikely to morph into a full-blown recession, Bank of America CEO Brian Moynihan told CNN Business.
Don't be fooled by the near-record highs in the US stock market: Sophisticated investors are on edge about the health of the global economy and corporate profits.