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For the moment, businesses, households and financial markets are locked in an elaborate game of wait-and-see. Companies ...
Evidence of a U.S. manufacturing slowdown is mounting, according to the Bank of America Institute. Tariffs could help reduce that slowdown and bring more advanced production back stateside, but ...
Bank CEOs are as in the dark as everyone else about the likely impact of President Donald Trump's chaotic rewiring of the nation's trade policies. The top executives at JPMorgan Chase, Wells Fargo, ...
US tariffs and the ensuing trade tensions are likely to indirectly impact China's state-owned, global systemically important banks due to their limited overseas exposures.
President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels ...
Bank of America told investors Tuesday it has seen positive growth so far this year and expects to end the year strong despite an uncertain outlook due to tariffs and policy changes. Officials at ...
The sector is also well insulated from tariffs compared to other parts of the market, as Bank of America believes energy companies would be largely exempt from protectionist trade policies.
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
Bank of America based in Charlotte reports 6% revenue growth in Q1 despite tariff uncertainty and market volatility but still expects a strong year.
Bank of America based in Charlotte reports 6% revenue growth in Q1 despite tariff uncertainty and market volatility but still expects a strong year.
The first-quarter earnings season will kick off with big US banks, including JPMorgan Chase and Wells Fargo, later today, followed by Bank of America, Citigroup, and Morgan Stanley next week.
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