IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you should expect to pay taxes on that, too.

Dan Rotta, 78, who made a fortune off selling discounted Seiko watches, didn’t report more than $34 million in income.

A Bank of America analyst sees a stock bubble forming in the second half of 2025, fueled by the prospect of lower interest rates and tax cuts.

Bank of America is the second largest U.S. bank and the fifth largest financial company by market capitalization.

Sterling was set to snap a three-day winning streak against the dollar on Thursday, pressured by concerns over the UK economy ...

The boss of Lloyds Banking Group has warned UK chancellor Rachel Reeves against increasing taxes on the financial sector as the bank reported that pre-tax profits rose sharply to £2bn in the second ...

Under the proposal, Bank of America, which employs an army of 130,000 workers and netted a profit of $9.2 billion last year, would receive tax breaks from the city to buy new office furniture, ...