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An economist explains why the recent credit rating downgrades for major U.S. banks might not carry a big impact.
Risks include a potential recession and declining federal fund rates, which could negatively impact the bank's earnings and net interest income. Bank of America (NYSE:BAC) beat consensus earnings ...
One of the largest banks in the U.S. Bank of America is also one of the biggest mortgage lenders, with a reputation for stellar customer service and low rates. We love that, besides a well ...
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The yield on both 10 and 30-year government bonds rose on Monday after another credit ratings agency downgraded the US on ...
U.S. stocks pared early losses Monday as investors largely shook off concerns about the U.S. government's growing debt ...
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