Bank of America to pay $100 million to consumers and $150 million to the Office of the Comptroller of the Currency and the Consumer Financial Protection Board.
The Ratings Game: 3M stock jumps after BofA backs away from bearish call
3M’s stock jumped Tuesday after BofA Securities recommended investors stop selling ahead of earnings.
In One Chart: Bitcoin finally decoupled from U.S. stocks. Here’s why it matters
The correlation between bitcoin and the S&P 500 has fallen to close to zero, according to a Tuesday note by Dan Morehead, founder and managing partner at Pantera Capital.
The Moneyist: ‘Index funds didn’t provide much income’: My brother is a combat veteran with PTSD. How do I invest his savings?
‘His monthly stipend is enough to live on, but just barely,’ the letter writer says.
The Fed: Fed’s Williams says economy won’t hit its weakest point until next year
New York Federal Reserve President John Williams said Tuesday that the U.S. economy won’t hit its weakest point of the cycle until next year.
NerdWallet: The most common financial regrets retirees have, and how to avoid them
Financial regrets are avoidable, and don’t have to be permanent. Here are four expert tips to help you dodge or mitigate financial mistakes in retirement.
Earnings Watch: This earnings season, expect companies to keep margins high ‘the usual way, by firing people’
When companies report second-quarter earnings this week, it’ll be something of a moment of truth for the economy.
Deep Dive: Worried that stocks are too expensive? This value approach can highlight bargains.
Aaron Dunn of Eaton Vance highlights his stock selections for quality and value.
Futures Movers: Crude oil ends higher, Brent at highest since April, with U.S. supply data ahead
Oil futures traded slightly higher on Tuesday as investors awaited U.S. supply data and an update on U.S. inflation in June due Wednesday.
: Having friends isn’t just good for your social life — it can also ward off dementia
“Social isolation contributes to human brain atrophy and cognitive decline,” study finds.
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