Sales at U.S. retailers and restaurants rose slightly in September as resilient consumers moderated their spending after splurging over the summer.

Corie Murray interviews Juan Amo, senior vice president and market executive for Bank of America Central Florida.

Travel technology company Expedia Group says reduced travel demand in the United States led to its weaker-than-expected revenue in the first quarter.

A federal judge has ordered Bank of America to pay more than $540 million to resolve long-running litigation from a U.S. regulator that alleged the company underpaid mandatory assessments for deposit insurance.

U.S. stocks drifted through a rare quiet day for financial markets worldwide.

U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.

In a release, deputies said the incident happened at a Bank of America at 4048 W. Town Center Blvd.

A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America.

Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week.

Latinas contributed $1.3 trillion to the U.S. gross domestic product in 2021, up from $661 billion in 2010 and at a growth rate nearly triple that of non-Latinos during the same time period, according to a new report funded by Bank of America and conducted by professors at California Lutheran University and UCLA.

After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, feel and purpose of the local bank branch.

Merrill Lynch has agreed to pay nearly $20 million to settle a class-action lawsuit that accuses the Wall Street brokerage giant of racially discriminating against its Black financial advisers.

The Supreme Court has given homeowners another chance to force Bank of America and other large banks to pay interest on mortgage escrow accounts.

Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates.

In a release, police announced that the robbery happened at a Bank of America at 1900 S. Ridgewood Ave. around 1:20 p.m.

The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.

The Consumer Financial Protection Bureau is expected to propose rules this week that further rein in banks’ ability to charge customers a fee when they overdraw their bank account.

Three of the nation’s biggest banks say their profits fell last quarter.

Wall Street drifted through mixed trading to put a quiet end to another rocking week.

The heads of Wall Street’s biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administration’s proposed changes to how banks are regulated, warning that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation.

An Orange County woman lost $21,000 in cryptocurrency transactions orchestrated by imposters posing as security investigators with Bank of America.

A glitch in the network that processes electronic transfers between nearly all U.S. bank accounts has led to delays in settling deposits, some of which remain stalled.

Bank of America posted a 10% rise in third quarter profits, helped by higher interest rates that allowed the bank to charge more for loans while keeping the bank’s expenses under control.

Shares have fallen in Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter.

A phone call that included Bank of America on the caller ID convinced a Flagler County woman to give the last four-digits of her social security number to an apparent bank imposter.

Bank of America must reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent.

Asian shares are mostly higher after stocks advanced on Wall Street.

Deputies said they responded to 5320 W. State Road 46 — near Bank of America — on Wednesday afternoon after the robbery was reported.

The Negro Leagues Baseball Museum is embarking on a fundraising campaign to raise $25 million for a new building to house its education center and what has become one of the world’s unique collections of baseball memorabilia.

Banks are paying up for savers’ deposits in a much bigger way than they have in a long time.

Bank of America said its profits grew 15% last quarter, the latest of the big banks to do exceptionally well this earnings season as investors and consumers flock to Wall Street for safety after the failure of Silicon Valley Bank and Signature Bank.

Asian shares are trading mixed as investors take a wait-and-see attitude stance of earnings reports and possible moves by central banks.

Americans cut their spending at retail stores and restaurants in March for the second straight month, a sign consumers are becoming more cautious after a burst of spending in January.

Silicon Valley Bank’s collapse has rattled the technology industry that had been the bank’s backbone.

With time running out before the election, President Joe Biden highlighted his administration’s push to crack down on so-called junk fees that banks and other companies charge their customers.

Bank of America’s profits fell by 8% in the third quarter as the bank set aside cash to cover potential loan losses.

The CEOs of the nation’s biggest banks returned to Capitol Hill for a second day Thursday, and Senate Democrats strongly urged them to do more to help and protect their customers, while Republicans questioned whether banks should weigh in on hot-button social issues.

The CEOs of the nation’s biggest banks have appeared in front of Congress and given a dim view of the U.S. economy, reflecting the financial and economic distress many Americans are facing.

The CEO of Bank of America said the recent debate over whether the U.S. economy is technically in a recession or not is missing the point.

Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and eliminated fees for bounced checks.

Bank of America posted a 12% decline in first-quarter profits from a year earlier, a decline that was much less than the ones its rivals had reported the previous week.

Police said movie director Ryan Coogler was briefly handcuffed by Atlanta police after he was mistaken for a robber when he passed a teller a note while trying to withdraw a large amount of cash from his account.

The head of the nation’s second-largest bank said consumers are spending “at a faster rate” than he’s ever seen but he remains concerned about how inflation and supply-chain issues will influence the economy going into the winter.

Bank of America’s second quarter profit more than doubled from a year earlier, as the consumer banking giant was able to move more loans onto the “good” side of its balance sheet as the pandemic wanes.

Recently freed from regulators’ coronavirus restrictions, the largest U.S. banks have announced plans to return tens of billions of dollars to their shareholders over the next year in the form of dividends and stock buybacks.

The CEOs of the six biggest U.S. banks have appeared before Congress, eager to lay out their support for struggling consumers and small businesses.

Consumer banking giant Bank of America plans to set the minimum wage for all positions at the company to $25 an hour by 2025, the bank said Tuesday.

A man was arrested at a teller window inside a bank during an attempted robbery, according to Ocala police.

A nurse practitioner in South Florida is accused of conning senior citizens into wiring or mailing large amounts of money.

Bank of America’s profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic.

The nation’s largest banks are expected to report big profits for the first quarter amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again.

Asian stock markets have risen after Wall Street hit a record high following an uptick in U.S. inflation and a order by regulators to suspend use of Johnson & Johnson’s coronavirus vaccine.

Technology companies helped lift stocks on Wall Street to a record high Friday.

America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.

California added 141,000 jobs in February as more than a quarter of a million people returned to the workforce. The California Employment Development Department said Friday, March 26, that the state's unemployment rate in February was 8.5%, down from 9% in January. The Labor Department said Thursday that the number of claims increased from 658,000 the week before. Less than a year ago, the jobless rate had hit 14.8%. Some economists are even more optimistic: Joe Brusuelas, chief economist at the tax advisory firm RSM, is predicting 1 million added jobs for March.

The increase of just 49,000 positions in January made scarcely any dent in the nearly 10 million jobs that remain lost since the virus intensified nearly a year ago. The unemployment rate fell sharply in January from 6.7% to 6.3%, the Labor Department said Friday. Most of the drop in unemployment occurred because some people out of work found jobs, but others stopped looking for work and were no longer counted as unemployed. And without an increase of 80,000 temporary jobs, the economy would have posted a net loss for January. Still, more than 4 million Americans have lost jobs and stopped looking for work since the pandemic began.

ORLANDO, Fla. – The Orange County Sheriff’s Office is investigating a shooting that happened late Sunday near a bank. Deputies were called to East Colonial Drive and Econlockhatchee Trail behind a Bank of America for reports of a shooting. Deputies put caution tape near what appeared to be an entrance to a nearby trail, but no other details have been released. It’s not known if anyone was injured in the shooting.

In the early months of the U.S. pandemic, banks set aside tens of billions of dollars to cover losses that could come from loans that were suddenly going bad. On top of the stimulus, banks entered into this pandemic the healthiest they’ve been in years and certainly healthier than they were before the financial crisis of 2008. JPMorgan set aside $611 million to cover potentially bad loans in the third quarter, a fraction of the $10.47 billion the bank set aside to cover bad loans in the second quarter. On Wednesday, Bank of America said it set aside $1.4 billion to cover potentially bad loans, far less than the $5.1 billion it set aside three months earlier. Most of the worry seems to reflect investors' uncertainty about whether banks will have to set aside additional billions in the future.

CHARLOTTE, N.C. – Consumer banking giant Bank of America says third-quarter profit declined 15.6% from a year earlier, but saw less need to put aside money to cover potentially bad loans, citing improvements in the U.S. economy. The North Carolina-based bank said Wednesday that it earned a profit of $4.88 billion, or 51 cents per share, down from a profit of $5.78 billion, or 56 cents per share, in the same period a year earlier. BofA had $1.4 billion in loan-loss reserves in the third quarter, down from the $5.1 billion it set aside in the second quarter. BofA’s loan-loss reserves were higher than JPMorgan's, which only set aside $611 million in the quarter, but less than the $2.26 billion that Citigroup had set aside. The bank’s net interest yield — a measurement of how much profit the bank is earning on the loans it approved — was 1.72% in the quarter, down from 2.41% a year earlier.

Stocks are pulling slightly higher in the early going on Wall Street, Wednesday, Oct. 14, as investors pore over another batch of earnings reports from big U.S. companies. (AP Photo/John Minchillo, File)Asian stocks followed Wall Street lower on Thursday as hopes U.S. leaders will agree on a new economic stimulus before the Nov. 3 presidential election faded. The Shanghai Composite Index lost 0.1% to 3,337.51 and the Nikkei 225 in Tokyo fell 0.5% to 23,517.63. On Wall Street, companies that rely on consumer spending, banks and technology and communication stocks bore the brunt of the selling. Wells Fargo dropped 6% after its earnings were lower than Wall Street expected.

BRADENTON, Fla. Three customers were injured when a 90-year-old driver crashed his car into a Florida bank, authorities said. The crash happened Tuesday afternoon at a Bank of America branch in Bradenton, according to a Florida Highway Patrol report. A 66-year-old man inside the bank sustained critical injuries, and a 57-year-old woman was seriously injured, officials said. Another customer, an 85-year-old man, had minor injuries. The driver also had minor injuries, while a 77-year-old woman riding with him was unharmed, officials said.

NEW YORK Bank of America's second quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the pandemic. Bank earnings this quarter have begun to paint a picture of American families and businesses struggling to pay bills with swaths of the nation's economy shut down. Those provisions come on top of the tens of billions they set aside in the first quarter when the pandemic first began to bloom. Because it is so consumer-focused, BofA is feeling the effects of the coronavirus pandemic more acutely than other major banks. The bank also revised down its outlook for the U.S. economy, following similar actions by other banks this week.

ORLANDO, Fla. A total of 60 Bank of America branches in Central Florida are closed because of the coronavirus pandemic. In an email, Bank of America confirmed some branches are closed in the Central Florida region due to the ongoing global health crisis. Bank of America spokesperson Matthew Daily would not confirm if the closures were due to employees or customers testing positive for COVID-19. According to the branch locator, 60 banks around the 10-county Central Florida region are impacted. Heres a list of the closed branches as of July 6 by city:

Bank of America is pledging a billion dollars to help fight racial inequality. The banks CEO Brian Moynihan made the announcement in a press release Tuesday. Moynihan said, Underlying economic and social disparities that exist have accelerated and intensified during the global pandemic. We all need to do more.Bank of America said over the next four years, the billion dollars would go to community programs and minority-owned small businesses. The money will expand health services, like vaccination clinics, in communities of color and help recruit new bank employees in economically disadvantaged communities.