The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.

Bank of America has doubled the size of its banking team in Switzerland, its CEO said, seizing on a potential opportunity to ...

For all of artificial intelligence’s advantages, it still has a long way to go, according to Bank of America Corp. Chief Executive Officer Brian Moynihan.

Chair and CEO Brian Moynihan said Wednesday the U.S. consumer remained in good shape and business investment stayed on a solid footing, despite a backdrop of elevated borrowing costs. Consumer ...