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Bank of America's head of U.S. equity and quantitative strategy, Savita Subramanian, delivered an unusually direct message to investors, saying that there are "Too many red flags. Take profits."

The S&P 500 closed May at 7,580, up 5% for the month and notching its ninth straight weekly gain. Three forces drove the rally: Iran war peace hopes, a blowout Dell earnings beat that reset expectations for AI infrastructure spending, and relentless tech strength powered by Micron, Snowflake, and Qualcomm.

Bank of America said the S&P 500 has already reached the bank's year-ahead target of 7,430, raising concerns that the market may be overheating after months of relentless gains.

A federal judge ruled that a lawsuit accusing Bank of America of ignoring red flags tied to Jeffrey Epstein's sex trafficking can move forward to trial.

Bank of America expects the U.S. dollar to weaken in 2026 and is recommending investment strategies tied to Latin American currencies, particularly the Brazilian real.

Berkshire Hathaway sold billions of dollars' worth of Apple and Bank of America stocks in Q3, while significantly increasing its investment in Alphabet amid AI growth and market concerns.

Bank of America is sued for allegedly enabling Jeffrey Epstein's sex trafficking by ignoring suspicious financial activity.

A 34-year-old Redditor from Germany recently shared on the social media platform how he saves and invests in the top exchange-traded funds and stocks for steady passive income.

Bank of America data showed that spending growth has increased across generations, but Baby Boomers saw the highest jump, nearly 4% year-over-year.

BofA reported its fourth quarter profits doubled over the same period in 2023

Household spending was up 2.2% in December versus the prior year.

Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for fraudsters."

Reports of the outage began flowing into Downdetector around noon ET Wednesday.

Bank Of America raised its minimum hourly wage to $24 an hour.

Berkshire Hathaway has sold Bank of America stock in nine consecutive trading sessions, dating back to Aug. 26.

The move marked the seventh time the billionaire's Berkshire Hathaway holding company has cut its stake in the lender since July

Moynihan said a reduction could be necessary as early as September if inflation continues to ease.

Major U.S. retail banks experienced a significant decline in overdraft revenue last year, signaling a shift towards more consumer-friendly practices.

The bank failed to accurately reported answers on demographic data that can be used to identify possible discriminatory practices, CFPB said.

The second-largest U.S. bank benefited from higher interest rates in the third quarter.

As consumers continue to embrace the convenience of online shopping, Amazon's staggering Prime Day earnings reveal its immense power in the digital marketplace.

US regulators ordered Bank of America to pay $250 million in fines and restitution for unfair fees and other banking violations that harmed consumers, authorities said Tuesday.

Hasbro stock slides down as they reprint valuable 'Magic: The Gathering' cards.

The survey by Bank of America noted that 39 percent of respondents said they used cryptocurrencies as a means of payment for online purchases.

"This situation should never have happened," Ryan Coogler said of the January incident.

Bank of America analysts called Avalanche a credible alternative to Ethereum for DeFi projects, NFTs, gaming and other assets, CoinDesk, a major crypto media outlet, said.

Bank of America is introducing a new program to move away from overdraft fees.

The lender aims to bolster its suite of digital payment solutions.

British finance sector's 'EU passport' set to expire