According to the New York/New Jersey Host Committee, fans spent $1.2 billion in June in alone, generating a total economic impact of $2.1 billion.
Bank of America has reportedly promoted new leaders to guide its artificial intelligence and crypto efforts. Sonali Theisen has been named the bank's head of global digital-assets platform and Kevin Milsom head of platforms AI transformation, Bloomberg News reported Friday (July 17), citing an internal Bank of America (BofA) memo later confirmed by the company.
CHARLOTTE, N.C., July 17, 2026 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share 1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.272...
Bank of America has announced senior appointments to drive AI adoption and implementation across its global markets group, according to an internal memo seen by Reuters on Friday.
Wall Street's biggest banks found few reasons to complain this earnings season. Investment bankers were busier than they have been in years, trading desks thrived on volatility and resilient consumers kept lending businesses humming.
Wall Street's largest banks struck a reassuring tone on U.S. consumer health, citing steady spending, rising loan balances and healthy credit quality that suggest households remain resilient despite growing economic uncertainty.
Lenders' results contrast with measures that show the highest credit card delinquency rates in 15 years.