For BofA, Recovery Is Elusive
Bank of America shares dropped after first-quarter results fell short of expectations and showed the financial giant was struggling to boost growth in its core lending business.
america
bofa
business
expectations
Found 1 month ago on channel Wall Street Journal
Customer Spending Boosts American Express
American Express's first-quarter earnings rose 1.9% as the credit-card company saw an increase in customer card spending.
american express
Found 1 month ago on channel Wall Street Journal
China Vows Wider Yuan Movement
China plans to widen the yuan's trading band in the near future, a central-bank official said, suggesting leaders will press ahead with change despite the surprise slowing of the economy.
china
movement
Found 1 month ago on channel Wall Street Journal
Investors Pump Money Into a Range of Funds
Long-term mutual-fund inflows rose by $4.83 billion in the latest week as investors added money across all categories except for municipal-bond funds, according to the Investment Company Institute.
billion
institute
investment
Found 1 month ago on channel Wall Street Journal
Fed Officials Back Higher Capital
Two officials of the Federal Reserve suggested that major financial institutions may need to hold even higher levels of capital.
capital
fed
federal reserve
institutions
Found 1 month ago on channel Wall Street Journal