CME's closely watched FedWatch tool uses the futures market to predict rate-cut odds. It currently pegs at 93% the probability that at the central bank's next meeting, on Sept. 17, Fed Chairman Jerome ...

Bank of America BAC, among the most rate-sensitive U.S. banks, saw its net interest income (NII) gain momentum after the ...

It all comes down to the labor market, immigration, and tariffs. What is really going on in terms of how many workers are ...

Shares of Bank of America and Wells Fargo are up Tuesday afternoon. Tuesday's investor optimism stems from a July inflation ...

Bank of America CEO Brian Moynihan spoke with Margaret Brennan on Face the Nation Sunday about the most recent job report, job growth in the U.S. and the impact of AI, and bias allegations President ...

Bank of America's economists are predicting that the Fed will not cut rates this year, according to the lender's CEO Brian ...

Federal Reserve Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the U.S. economy is "really healthy." ...

The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...

Markets are feeling confident the Fed will cut rates next month. History shows how that could be rocket fuel for stocks.

A recent study revealed that the 2024 Bank of America Chicago Marathon boosted the Chicago Metropolitan Area economy by $683 million, marking a 22% increase in total economic impact compared to 2023.