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Here are Bank of America's top stock picks for 2021

1 month ago   |   By CNBC

The Wall Street firm put together a list of year-ahead picks sorted by sectors and industry groups.
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US stock market bubble may pop soon after Wall Street's coronavirus bonanza, Bank of America warns

US stock market bubble may pop soon after Wall Street's coronavirus bonanza, Bank of America warns

1 month ago   |   By RT

The second-largest US lender, Bank of America, has warned that the “extreme rally” seen after the market crash triggered by the pandemic formed a bubble in asset prices, and it could be about to burst.
“DC's policy bubble is fueling Wall St's asset price bubble,” wrote a group of analysts at Bank of America led by Michael Hartnett, as quoted by Bloomberg.
The analysts were referring to the US Federal Reserve's monetary actions, as well as fiscal stimulus policies designed to mitigate the devastating impact of the pandemic. According to the bank's predictions, the Fed's balance sheet will...
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Oprah Winfrey's Prince Harry and Meghan interview netted Winfrey $7 million...

She sold the Harry and Meghan interview to CBS' entertainment division, the crown jewel of ViacomCBS, for a reported $7 million. Read more ...

Marriott is betting on longer vacations becoming the new normal

TownePlace Suites' outdoor patio. Marriott Travelers have been booking longer vacations since the start of COVID-19. As a result, Marriott has seen a rising demand for its... Read more ...

Daily Crunch: PayPal acquires Curv

Daily Crunch: PayPal acquires Curv

PayPal acquires a cryptocurrency startup, Apple discontinues the iMac Pro and McAfee sells its enterprise business. This is your Daily Crunch for March 8, 2021. The big story... Read more ...

$40M gender equality fund by Gates, Scott announce finalists

$40M gender equality fund by Gates, Scott announce finalists

A gender equality philanthropic initiative spearheaded by Melinda Gates' investment company, with support from MacKenzie Scott, has announced 10 project finalists for $40... Read more ...

Photos from 1 year ago show how little the US understood about the pandemic...

Jaime Jaquez Jr. of the UCLA Bruins celebrates with the crowd after defeating the Arizona Wildcats at Pauley Pavilion in Los Angeles, California on February 29, 2020. Jayne... Read more ...

Max Q: Starship's good landing

Max Q: Starship's good landing

Max Q is a weekly newsletter from TechCrunch all about space. Sign up here to receive it weekly on Mondays in your inbox . Sometimes even the biggest successes look like... Read more ...

Nike is facing a reckoning with resale culture after a top exec resigned...

Nike is facing a reckoning with resale culture after a top exec resigned. But insiders say the company has 'turned a blind eye' to the shady industry for years

Summary List Placement The sudden departure of one of Nike's senior executives is calling the company's connection to the resale world into question. Nike's vice president and... Read more ...

Atlanta SPAC will raise $400M to invest in logistics industry

Atlanta SPAC will raise $400M to invest in logistics industry

The "blank check" company is led by industry veterans from UPS, Amazon and Walmart. Read more ...

RNC moves part of spring retreat to Mar-a-Lago following Trump's...

President Trump's Mar-a-Lago. Charles Trainor Jr./Miami Herald/Tribune News Service via Getty Images) The RNC will hold part of its spring retreat at Mar-a-Lago, the Washington... Read more ...

EXCLUSIVE: Workers file new sexual harassment complaints against McDonald's

EXCLUSIVE: Workers file new sexual harassment complaints against McDonald's

Summary List Placement McDonald's workers filed new sexual harassment complaints against the fast-food giant on International Women's Day. On Monday, three women who work at a... Read more ...