E-Learning

Strong Economy Will Eventually Drive Stocks Higher, Says Truist — Here Are 3 Names to Consider

Markets kicked off 2025 with a bit of a rollercoaster ride, fueled by fresh data on jobs and inflation that pushed investors in different directions. The jobs numbers showed an increase of 256,000 new positions in December, the best print since last March. At the same time, inflation appeared to cool, with the core CPI rising only 0.2% from November and dipping to 3.2% annually after holding steady at 3.3% since September 2024. Taken together, the jobs and inflation data point to conflicting pre

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Bank of America awards stock to employees after strong 2024 performance, memo shows

The stock awards, which will be issued in addition to year-end incentive awards, would be granted to employees earning an annual total compensation of up to $500,000, covering about 97% of the lender's global workforce. BofA had 213,193 staff at the end of 2024, which means the stock awards will amount to slightly over $1 billion. Earlier this week, BofA's fourth-quarter profit beat expectations, boosted by trading activity.

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