Brendan McDermid | Reuters Several banks are reportedly working on a digital wallet that links with debit and credit cards to compete with Apple Pay and PayPal. According to the Wall Street Journal, t...
Tag: America
Bank of America customers report ‘disappeared’ money from accounts after Zelle issue
Bank of America customers lit up social media on Wednesday with complaints that Zelle transactions weren’t being processed and money was missing from their accounts. “I almost lost my mind...
CBDC Is the Future of Money and Payments: Bank of America
Bank of America wants the central banks in developed countries to concentrate on payment productivity. The profits and losses associated with CBDCs rely on the design and issuance. The statement of B...
Stablecoins And CBDCs Are The Future Of Money, Bank Of America Says
The continuous growth of stablecoins and cryptocurrency worldwide in terms of recognition and usage has caught the attention of the Bank of America. The second largest bank in the country, the bank’s ...
MercadoLibreMercadolibre: Amazon Of Latin America And Cathie Wood Stock Surges With 45% Sales Growth
MercadoLibre (MELI) is approaching a buy point of 1,095.44 in a long consolidation. Shares of the ‘Amazon of Latin America’ have been on an eight-day winning streak with rising volume. X T...
Bank of America says CBDCs and stablecoins could revolutionize money
As the cryptocurrency sector grows larger, major institutions are starting to pay attention and are increasingly investigating the potential future of digital assets and the possibility of their adopt...
Food fraud secretly infiltrates America. Here’s how you can avoid it
The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Ol...
Bank of America sees a 15% upside
Shares of Caterpillar Inc (NYSE: CAT) have gained nearly 60% since late September but a Bank of America analyst says it’s still not too late to buy this stock. Caterpillar stock has upside to $295 Mic...
Bank of America Releases Better than Expected Q4 Earnings Report
In the released earnings report, Bank of America recorded a net income of $3.6 billion for the fourth quarter while client balances stayed flat at $1.6 trillion. American multinational investment bank...
Bank of America CEO sees ‘mild recession’ in 2023 and is preparing for worse
Bank of America CEO Brian Moynihan said Friday the bank is preparing for a potential recession this year, including the possibility of a sharper downturn where unemployment climbs rapidly. “Our ...
JPMorgan, Wells Fargo, Bank of America and Citi beat earnings expectations, but worries about headwinds remain
JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. managed to beat Wall Street’s reduced expectations for their fourth-quarter profits as higher interest rates b...
Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply
Only in the past two years has the U.S. fully grasped that semiconductors are now as central to modern economies as oil. In the digitizing world, power tools commonly come with Bluetooth chips that tr...
U.S. Debt Default ‘Likely’ in Second Half of 2023: Bank of America
Many investors are concerned that with the far-right wing of the Republican Party holding sway in the House of Representatives, a debt default is coming. If the view of Ralph Axel, rates strategist at...
JPMorgan Chase, Bank of America and Wells Fargo earnings show the good, the bad and the ugly of people’s finances. So how are they holding up?
Friday’s wave of big-bank earnings gives an important glimpse into Americans’ finances amid high prices, rising interest rates and recession worries. At first glance, most consumers appear to be keepi...
Bank of America (BAC) Q4 earnings 2022
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America reported fourth-quarter results on Friday that showed higher interest rates helped the Wall Street giant make up for a sharp slow...
Bank of America Posts Earnings Friday. What Wall Street Expects.
Higher interest rates are expected to drive up Bank of America ‘s fourth-quarter revenue, even as the bank is projected to see a drop in profits. Bank of America (ticker: BAC) is forecast to post reve...
Trisha Asgeirsson, Former Head of Mastercard Data & Services North America Joins SKUx Board Of Advisors
Asgeirsson Joins SKUx As The Company Launches SKUPay™, Powering A New Era Of Adjudicated Spend And Digital Consumer Engagement Solutions ST. PETERSBURG, Fla.–(BUSINESS WIRE)–SKUx, an innovative paymen...
Is America a part-time economy? Half a million full-time roles vanish since May 2022
Unemployment in the US is back down to five-decade lows of 3.5%. That’s the latest from the Bureau of Labor Statistics (BLS) employment situation report released on Friday. Despite the surge in the fe...
Latin America NFT Market Intelligence and Future Growth Dynamics Databook 2022: 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels 2019-2028 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Latin America NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been a...
Bank of America Sees at Least 60% Gains in These 2 Stocks — Here’s Why They Could Soar
As 2023 starts gearing up for the long haul, Wall Street is still taking a bearish view of the markets. We’re still dealing with the same headwinds, a combination of stubbornly high inflation, rapidly...
Has BOfA Filed For “Bitcoin Bank America” Trademark With USPTO?
Mike Kondoudis, licensed trademark attorney at the USPTO, on Tuesday revealed that someone has filed a trademark for “Bitcoin Bank America” with the U.S. Patent and Trademark Office. The trademark is ...
Kia America NFT raises $100k for pet adoption charity
Kia America, an automobile manufacturer, launched its first NFTs in February. Since then, the company has contributed to funding 22k pet shelters. Kia has set a valuable goal and raised funding for an...
How Pelé And The New York Cosmos Conquered America
NASL Soccer: NASL Playoffs: New York Cosmos Pele (10) victorious after winning match vs Fort … [+] Lauderdale Strikers at Giants Stadium. East Rutherford, NJ 8/14/1977 CREDIT: George Tiedemann (...
Binance’s cloud mining affected by extreme weather conditions in North America
The severe winter storm in North America shut down Binance’s cloud mining products from Dec. 24-26, according to an official announcement on Dec. 28. As a result of the power outage, the company...
North America Blockchain and Cryptocurrency Market 2022: Bitcoin and Ethereum Among the Most Preferred Cryptocurrencies Among Crypto Users, as of November 2022 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “North America Blockchain and Cryptocurrency Market 2022” report has been added to ResearchAndMarkets.com’s offering. This publication summarizes the trends and developments...
Here’s What a $1 Million Retirement Looks Like in America
Once a symbol of extravagant wealth, $1 million is now the retirement-savings goal for millions of Americans. For retirees able to accumulate $1 million in savings, the funds translate into inflation-...
The driving forces behind crypto adoption in Latin America in 2022
Inflation, cross-border payments, assets tokenization and nonfungible tokens (NFTs) were among the major drivers for crypto adoption across Latin America in 2022, sources in the region told Cointelegr...
Crypto exchange Bitso sees growth with Latin America facing political, financial chaos
Crypto winter, while challenging, hasn’t been enough to overshadow the opportunities arising from the typical Latin American tempest of political unrest, inflation and currency concerns. Just as...
The ‘best job in America’ pays over $120,000 a year — and offers a low-stress, healthy work-life balance
We’ve had the great resignation, quiet quitting, resistance to going back to the office — and now? It turns out people are looking for happiness, stability, flexibility and a good salary. In 2023, in ...