April 2022

Bank of America shares jump after lender tops analysts’ estimates on better-than-expected credit

In this article BAC CEO and Chairman of the Bank of America Brian Moynihan speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Hannah McKay | Reuters Bank of America is scheduled to report first-quarter earnings before the opening bell Monday.Here’s what Wall Street expects: Earnings:  75 cents a

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Gold rate today: Yellow metal eases marginally; silver slips below Rs 70,000

NEW DELHI: Gold prices eased on Tuesday after touching the key levels of $2,000 per ounce in the previous session. A stronger dollar dented the bullion’s appeal. Gold climbed to $1,998.10 on Monday, buoyed by safe-haven demand, as the Ukraine crisis dragged on and inflation concerns mounted. However, the metal later gave up most gains

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Homebuilder sentiment drops for fourth straight month, as rising rates push housing to ‘an inflection point’

A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in Milpitas, California. David Paul Morris | Bloomberg | Getty Images Sharply rising mortgage rates are taking their toll on the nation’s homebuilders, as already pricey new construction becomes even less affordable.  Builder confidence in the market for

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