BAC

Even if the Federal Reserve cuts interest rates, credit card APRs are expected to remain high in the near term, according to economists. Mortgage and auto loan rates may see some relief, but the impact will be limited for most consumers.

Investors are divided between a 25-basis-point and a 50-basis-point rate cut by the Federal Reserve, with a slight market preference for the larger cut. However, Wall Street analysts, including those from Bank of America and Goldman Sachs, still forecast a smaller 25-basis-point cut, citing the Fed'...

The article discusses two stocks that Warren Buffett's Berkshire Hathaway has held for decades: American Express and Bank of America. It highlights the strengths of these companies, such as American Express's strong brand and payments business, and Bank of America's large deposit base and potential ...

Bank of America is the third-largest stock position in Berkshire Hathaway's portfolio, but Warren Buffett has been selling shares of the bank in recent months, which could signal a negative outlook for the company.

The article discusses Berkshire Hathaway's investment strategy, focusing on its dividend policy and the companies it owns. It also analyzes the performance of the top stocks in Buffett's portfolio.