On Friday, Core PCE, the Fed's preferred inflationary measure optimistically reflected a 0.1% uptick in May compared to a 0.3% increase in April.
(Bloomberg) -- Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan to pay a combined $46 million to end a lengthy legal battle with pension plans that accused them of conspiring to block competitors in interest-rate swaps trading. Most Read from BloombergBiden’s Disastrous Debate Accelerates Doubts Over CandidacyBiden Struggles as He Spars With Trump on Economy: Debate TakeawaysDemocrats Question Replacing Biden: Here’s How It Could
Zacks.com users have recently been watching Bank of America (BAC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.