An economist explains why the recent credit rating downgrades for major U.S. banks might not carry a big impact.

Bank of America is also boosting the rewards earnings potential for people who open an Unlimited Cash Rewards card. That card ...

BofA highlights mixed trends in the leisure sector, with premium travel and fitness showing resilience while lodging and ...

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In terms of liquidity and interest, the mean open interest for Bank of America options trades today is 7711.45 with a total volume of 10,550.00.

No one likes seeing their credit rating drop, as it’s indicative of a number of issues (poor budgeting, overspending, ...

A good credit score is essential when making many of ... BankAmericard for Students Best for travel: Bank of America® Travel Rewards for Students Best for no credit history: Petal® 2 "Cash ...

A 100-point drop in a credit score can be "absolutely catastrophic." It can also take years to recover from, according to LendingTree chief credit analyst Matt Schulz. The Federal Reserve Bank ...

Moody's has joined the two other rating agencies in determining that the US is no longer fit to hold a AAA credit score.

Economists consider Moody's downgrade justified, given the U.S.'s reluctance to address its rising debt and deficit.

Some Bank of America® credit cards reward loyal customers who keep all their financial accounts in one place. But even if you bank elsewhere, the issuer offers cards with solid benefits.

The U.S. dollar (DXY) fell on Monday after Moody’s Ratings decided to strip the U.S. of its last remaining top-tier credit ...