by Ming Mui | Jan 6, 2025 | Domestic, Economics, Politics
Michael Barr announced he would step down as the Federal Reserve’s head of banking supervision, citing potential conflicts with former President Donald Trump as a key reason for his decision. Barr, who has held the position since 2022, expressed concern that any...
by Andy Liao | Oct 15, 2024 | Investing News, Market News, Stock Market
Bank of America (BAC) has reported third-quarter earnings that exceeded analyst expectations, buoyed by strong trading results despite challenges in other areas. The bank announced earnings of 81 cents per share, surpassing the LSEG estimate of 77 cents. Revenue also...