NEW YORK (AP) -- Bank of America will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year. The cost-cutting drive is part of a broader effort to reshape and shrink the nation's largest bank as it copes with fallout from the housing bust....
BING NEWS:
- The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
12/18/2024 - 8:37 pm | View Link - The Fed Cut Rates and Signaled a Long Fight Against Inflation
Jerome Powell, the Fed chair, said that the central bank cut rates after each of its last three meetings because inflation had significantly slowed, but that it was a “closer call” this time. He added ...
12/18/2024 - 10:08 am | View Link - Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate bond investors weigh prospects for the U.S.‘s money-center banks.
12/18/2024 - 4:58 am | View Link - Suspect in Russian general's killing and Fed expected to cut interest rate: Morning Rundown
Plus, NASA pushed back the return flight for astronauts Suni Williams and Butch Wilmore, who have been stuck at the International Space Station since June.
12/17/2024 - 11:13 pm | View Link - Fed expected to cut rates again — but what happens next is anyone's guess
The Federal Reserve is expected to announce another quarter-point cut to its key interest rate Wednesday, an effort to boost what appears to some to be a steady but cooling economy.
12/17/2024 - 11:00 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more