Berkshire’s cash soars to $325 billion, Buffett sells Apple, Bank of America
Warren Buffett and Berkshire Hathaway (BRKa.N), extended their retreat from stocks in the third quarter, further slashing holdings in Apple (AAPL.O) and boosting ...
Tag: Bank of America
Banks are finally admitting they have a problem with billions of dollars in looming real-estate defaults
Lenders, including major banks, are expanding their provisions to guard against loan losses. The rapidly growing reserves reflect concerns about ...
Bank of America won big from the Silicon Valley Bank collapse
As startups and VCs scramble to get their money into safe hands following the collapse of Silicon Valley Bank, they’ve turned ...
Fed might raise policy rates to 6% – BofA
The U.S. Federal Reserve may hike interest rates to nearly 6%, BofA Global Research said, as strong U.S. consumer demand ...
Bank of America just launched a zero down payment mortgage in 21 cities that could make it much cheaper and easier to buy a home
Putting together a down payment on a home can be a huge hurdle for some buyers. Bank of America aims ...