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BIZARRE: 15 - What They Never Told You

Consumers Flock Back To Restaurants Driving August Sales Jump

U.S. restaurant spending accelerated in August, rising 3.7% year-over-year, up from 2.5% in July, as consumers returned to both chain and independent establishments, according to Bank of America’s latest aggregated credit and debit card data.

Benzinga

Kyrgyzstan's Bakai Bank Courts US Treasury's Scott Bessent and Wall Street Heavyweights for Investment Ties

Kyrgyzstan's Bakai Bank CEO Umut Abakirova met with U.S. Treasury Secretary Scott Bessent and executives from major U.S. financial firms, including BlackRock, Bank of America, and KPMG, to position the Central Asian nation as a hub for American investment in emerging markets.

International Business Times

Bank Of America Moves To Capture Rising Demand For Alternatives Among Ultra Wealthy

Merrill Wealth Management and Bank of America Private Bank (NYSE:BAC) are shaking things up for their wealthiest clients. On Thursday, the firms introduced the Alts Expanded Access Program, designed for ultra-high-net-worth (UHNW) clients with at least $50 million in net worth, which provides entry into selective private market funds once…

Benzinga

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7 Chains That Are Shrinking Their Shopping Hours Without Announcing It

The era of 24/7 retail seems to be coming to a quiet end. In the years following the pandemic, many of the nation’s largest chains have permanently reduced their operating hours. They often make this change without a major press release or announcement. This “silent shrinkage” is a strategic business…

Grocery Coupon Guide

Bank of America says the unemployment rate for recent grads is rising faster than all workers

The report finds that over 13% of unemployed Americans in July were “new entrants” or first-time job-seekers, “which skews towards Gen Z.”

Fortune

US Workers Increasingly Strained By Rising Debt, BofA Survey Finds

Personal debt pressures are weighing on household confidence, with fewer Americans reporting financial well-being despite optimism about the longer-term outlook.

International Business Times

Tesla Now Has an India Problem. What Does That Mean for Hard-Hit TSLA Stock?

Tesla is reportedly seeing weaker-than-expected initial demand in India. Bank of America no longer sees meaningful upside in TSLA shares from current levels.

Barchart

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Bank of America Shut Down 7 Branches in 2025 So Far: Is Yours Next?

If Bank of America is your bank, or you've been thinking of switching banks soon, knowing which branches are closing could help you make a smarter decision.

GOBankingRates

BofA's Risk-Love Indicator Hits 13-Month High — 'Market Sentiment Is Through The Roof'

Global equity market sentiments have surged to levels not seen in over a year, according to the latest figures put out by Bank of America’s global research team.

Benzinga

S&P 500's Hot August With More Than 5 Record Highs Has Always Led To September Selloff — History Flashes Red In 2025, Says Ryan Detrick

Ryan Detrick, Chief Market Strategist at Carson Group LLC, warned Monday that August’s strong performance could spell trouble for September markets.

Benzinga

Why Traders Fear September: 10 S&P 500 Stocks To Watch As Weak Seasonality Kicks In

While the SP 500 keeps flirting with record highs, traders are bracing for a statistically rough September, a month that's earned its bearish reputation over decades of consistent underperformance.

Benzinga

Sydney Sweeney Couldn’t Save American Eagle Stock. Here’s Why Analysts Think You Should Ditch AEO Here.

American Eagle is a beaten-down stock that trades over 60% below its all-time high in August 2025. Can AEO stock recover over the next 12 months?

Barchart

Protesters March Against Rollback Of Federal DEI Programs By President Trump

Protest led by Reverend Al Sharpton and National Action Network demands reinstatement of DEI programs in major corporations.

Top News

More Than Two-Thirds Of Gen Z Values Financial Responsibility From Their Potential Partners

There are a lot of things to consider when choosing a romantic partner, but financial responsibility is one of the most important factors. That insight comes from "A Window into Gen Z's Financial Health," a report prepared for Bank of America (NYSE:BAC) earlier this year.

Benzinga

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Benzinga

More Than Half Of Gen Z Isn't Investing Any Money Into Dating, And The Few Spenders Aren't Far Behind

Gen Z has been facing an uphill battle in the dating scene. Online dating apps, the lack of third spaces, and hookup culture are some of the obstacles that make it more difficult for Gen Z to find their ideal spouses.

Benzinga

The Dollar's Comeback Tour Is Already Over—Blame Stagflation

The dollar may have staged a short-lived comeback in July, climbing more than 3% after its worst first-half in decades, but its summer surge is quickly unraveling as stagflation fears resurface.

GOBankingRates

8 Best Cheap Stocks To Buy Under $10 in August

If you're looking to buy a stock that trades for less than $10 per share, you should be aware that you're taking on extra risk, as stocks with a low price are often considered speculative, according...

Benzinga

Jackson Hole Preview: Don't Expect Powell To Wave The Rate-Cut Flag Yet

The Federal Reserve's Jackson Hole Economic Symposium kicks off Thursday, but all eyes are on Chair Jerome Powell's speech Friday at 10 a.m. ET. Markets are hoping for clues on interest rate cuts, but Powell is unlikely to commit just yet.

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Fortune

Beyond snubbing Tinder, Bumble, and casual flings, more than half of Gen Z is spending $0 monthly on dating, BofA finds

Gen Z’s economic anxiety—as well as disinterest in casual dating—has led many young people to spend little to nothing on dates.

Benzinga

Avis Budget Stock Falls As Bank of America Warns Weak Demand, Pricing Could Hurt Earnings

Avis Budget Group (NASDAQ:CAR) shares are trading lower after BofA Securities analyst Federico Merendi downgraded the stock from Buy to Underperform and cut its price target from $120 to $113.

Fortune

Markets are usually bubbly on Jackson Hole week. This year that might not happen

Powell’s Jackson Hole speech looms as markets temper Fed rate-cut bets, with hot PPI data, labor market weakness, and tariff risks clouding outlook.

Barchart

GoodRx Is Soaring on a Novo Nordisk Deal. Should You Buy GDRX Stock Here?

GoodRx stock soars after announcing GLP-1 partnership with Novo Nordisk. A Bank of America analyst recommends selling GDRX shares into the strength before they crash again.

Fortune

Wall Street is banking that Powell will signal a rate cut at Jackson Hole—but the closer it gets, the less likely it looks

Markets bet on a September Fed rate cut at Jackson Hole, but sticky inflation, Trump tariffs, and Powell’s framework review could derail expectations.

Euronews

The global divide on ‘de-banking’: How the US, UK and EU approach risk

What began as technical risk management is now a political battlefield as governments wrestle with how far banks can go in choosing, or refusing, their customers.

Fortune

Trump is deporting so many immigrants that it could cause inflation to hit 4% next year, top economist says

Even conservative Heritage Foundation economist Steven Moore is worried about a labor shortage.

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