Banks Revive Risky Loans and Mortgages Investments that were vulnerable in the last financial crisis and believed to be gone for good have largely escaped new rules that were made to prevent another crisis. More
Bank of America profits jump after cost cutting Bank of America has reported a sharp rise in profits after it shed costs and set aside less money for bad loans. The bank reported first quarter net income of $2.3bn (£1.5bn), after making $328m in the same quarter a year ago. More
Reinsurance Group of America First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags Revenue exceeded analyst estimates by 39%. Earnings per share (EPS) missed analyst estimates by 28%. Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared ... 05/4/2024 - 3:06 am | View Link
‘They can just decide that’: Customer says Bank of America closed her accounts without consent. She’s ineligible to open them ‘ever again’ Another Bank of America customer is warning against using the bank after it allegedly closed her accounts without consent. She says she’s ineligible to open accounts with them “ever again.” ... 05/3/2024 - 4:00 pm | View Link
Bank of America Corp. stock rises Friday, still underperforms market Shares of Bank of America Corp. advanced 1.00% to $37.25 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,127.79 and the ... 05/3/2024 - 9:31 am | View Link
‘America First’ conservatives aren’t putting American workers first We know these senators aren’t on the side of the American worker, which begs the question — whose side are they on? The answer is obvious: people and corporations with money. 05/3/2024 - 9:31 am | View Link
America's big stagflation scare is over But payroll additions came in neither too hot nor too cold, and average hourly earnings fell, helping dispel a stagflation narrative. The US economy looks to have steered clear of danger after the ... 05/3/2024 - 6:32 am | View Link
Bank of America Bank of America 05/3/2024 - 9:11 pm | View Website
Small Business Banking, Credit Cards & Loans – Bank of America Simplify your small business banking and help your company grow with Bank of America Business Advantage. Open a business bank account, find credit cards, apply for a loan, discover cash management tools and get valuable small business banking tips. 05/3/2024 - 7:17 pm | View Website
Log in to Bank of America Online & Mobile Banking to Manage Your Accounts Log in to Mobile & Online Banking to access your personal and small business accounts, see balances, transfer funds, pay bills and more. 05/3/2024 - 4:25 pm | View Website
Bank of America What would you like the power to do? For you and your family, your business and your community. At Bank of America, our purpose is to help make financial lives better through the power of every connection. 05/3/2024 - 4:25 pm | View Website
Mobile & Online Banking Benefits and Features Discover benefits and features of Bank of America's Online Banking and Mobile Banking app. The features offered provide convenient and secure banking from a computer, tablet or smartphone. 05/3/2024 - 4:18 pm | View Website
With summer movie season upon us, theaters are looking to draw crowds with a new interactive lobby attraction.
A long line to get into the theater is fairly standard for a hot movie in its opening weekend. A long line just to engage with a film’s lobby display, however, is not standard at all.
The housing market saw a 30% increase in active inventory in April, but that’s still 35% below pre-pandemic levels.
Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter.
In the past few days, you may have noticed something new inside Meta’s apps, including Instagram, Messenger and WhatsApp: an artificially intelligent chatbot.
Within those apps, you can chat with Meta AI and type in questions and requests like “What’s the weather this week in New York?” or “Write a poem about two dogs living in San Francisco.” The assistant will come up with responses immediately, such as “The corgi was short, with a butt so wide, the lab was tall, with a tongue that would glide.” You can also instruct Meta AI to produce pictures — like an illustration of a family watching fireworks.
This is Meta’s response to OpenAI’s ChatGPT, the chatbot that upended the tech industry in 2022, and similar bots including Google’s Gemini and Microsoft’s Bing AI.
Builders are finally making a dent in the state’s housing shortfall, especially for apartments. But home prices and mortgage rates continue to outpace income gains, and affordability is worsening rather than improving.
“The story with interest rates is that they are only exacerbating the problem,” said Steven Byers, chief economist with the Common Sense Institute in Denver.
RIYADH, Saudi Arabia — On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured a three-hour traffic jam as their cars crawled toward a mammoth conference at an event space in the desert, 50 miles outside Riyadh, Saudi Arabia.
The lure: billions of dollars in Saudi money as the kingdom seeks to build a tech industry to complement its oil dominance.
To bypass the congestion, frustrated eventgoers drove onto the highway shoulder, kicking up plumes of desert sand as they sped past those following traffic rules.
A high school athletic director in Maryland has been accused of using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said last month.
Authorities said the case appears to be among the first of its kind in the country and called for new laws to guard against the technology.