Rising interest rates are increasing risks of a recession that could hit stocks hard, according to Bank of America's top strategist.
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Bank of America CEO Brian Moynihan says U.S. consumer spending 'very strong' in FebruarySpending on Bank of America cards has jumped by as much as 20% from last year, CEO Brian Moynihan tells jimcramer. “When you look at the core spending levels of consumers, they continue to be very strong.”
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Stocks at risk of bearish 'head-and-shoulder' pattern, Bank of America chart analyst saysThe S&P 500 could suffer a significant pullback if it slips below a key level and completes a 'head-and-shoulder' path, according to Stephen Suttmeier.
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Vigil held for Arlene Alvarez, 9, shot and killed by robbery victim near Chase bankA vigil will be held Wednesday to honor Arlene Alvarez at the Chase Bank ATM where she lost her life and the general public is invited to attend.
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Fed minutes show central bank ready to raise rates, shrink balance sheet soon
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Development bank accused of lending millions to companies allegedly linked to forced labor in XinjiangNew research suggests that one of the world's leading development banks has been providing hundreds of millions of dollars in loans to companies that may be relying on forced labor from Uyghur and other ethnic minority groups in China
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