The US, China, and Europe’s economies are drifting apart. The global...
The biggest players in the global economy are on different trajectories, and markets around the world are reflecting the shifting landscape."Signs of decoupling are present in global growth, trade, and equity markets," Bank of America strategists wrote in a Friday note.The US in particular has seen strong GDP growth in recent quarters and steadily cooling…
DraftKings and FanDuel are set to be the big Super Bowl...
Sports betting companies are set to score big at this weekend's Super Bowl, with DraftKings and FanDuel leading the rush, Bank of America said in a Friday note. Sunday's game will see the Kansas City Chiefs play against the San Francisco 49ers, paving the way for blowout betting activity. According to the note, an anticipated $1.5…
The biggest banks are about to tell employees their year-end bonus...
Wall Street banks are preparing to communicate 2023 compensation to staff.Bonuses will likely be flat or down from last year, which was markedly disappointing.Business Insider compiled a schedule for when each big bank will tell employees what they made. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the…
My Best Buy Visa credit card review: Strong earning rates at...
Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.The information for the following product(s) has been collected independently by Business Insider: My…
CHART OF THE DAY: US households are now sitting on an...
The liquid assets of US Households has surged to an "unprecedented" $18 trillion, Bank of America said.Household liquid assets, which includes cash deposits, has surged a remarkable $5 trillion in 2020."Increased savings and household wealth adds further reinforcement to consumer resilience," Bank of America said.Our Chart of the day is data highlighted by Bank of…
The Fed’s last big decision of 2023 could set Americans up...
The Federal Reserve will make its last interest rate decision of 2023 this week.It's expected to announce a continued pause on interest rate increases.Some experts predict interest rate cuts will come in the new year. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the…
Mortgage rates are sinking, but don’t try to time the housing...
Borrowing costs have tumbled, but prospective homebuyers shouldn't see how low they will go. "Timing the market is never good," Bank of America's Matt Vernon told Business Insider. Homebuyers should enter the market when they're ready, he said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while…
Mortgage rates are sinking, but don’t time the housing market by...
Borrowing costs have tumbled, but prospective homebuyers shouldn't see how low they will go. "Timing the market is never good," Bank of America's Matt Vernon told Business Insider. Homebuyers should enter the market when they're ready, he said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while…
Best credit cards for Black Friday and Cyber Monday 2023
Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.The information for the following product(s) has been collected independently by Business Insider: Prime…
The best shopping credit cards for Black Friday, Cyber Monday, and...
Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.The information for the following product(s) has been collected independently by Business Insider: Prime…