Bank of America

Bank of America profit surges even as low interest rates hurt

Bank of America Corp's second-quarter earnings nearly tripled as it released loss reserves it had set aside last year, but its mainstay lending business took a hit from low interest rates put in place to revive a pandemic-hit economy.

Home Depot, Lowe's, Bank of America honor Memorial Day

Major brands such as Home Depot, Lowe's, JPMorgan Chase, Bank of America, Charles Schwab, are taking the time to honor their heroic efforts through various initiatives from sharing personal stories, holding a moment of silence on Memorial Day to creating parking spot tributes for fallen soldiers.