BAC

The Goldman Sachs Group, Inc. (NYSE:GS) and Bank of America Corporation (NYSE:BAC) are among 21 financial institutions planning to launch a U.S. dollar-backed stablecoin in the first half of 2027. The banks are expected to create a joint company to issue the stablecoin, with plans to eventually expand into other G7 currencies, including the euro. […]

A powerful cloud trend is reshaping Microsoft’s investment case.

The bank-led consortium wants a U.S. dollar token live by the first half of 2027, with a euro version queued up next.

Investing.com -- Goldman Sachs believes the largest U.S. banks are likely to moderate capital deployment as regulatory buffers rise for a third consecutive year and excess capital levels shrink.

The Federal Reserve is increasingly expected to raise interest rates in September, but signs of labor-market softness are putting new focus on Friday’s jobs report.

LONDON, September 02, 2026-- As Agent Bank, please be advised of the following rate determined on: 9/2/2026Issue

Bank of America dropped a fresh price target on Affirm just as yields began to ease, and the combination sent buy-now-pay-later stocks racing ahead of a sleepy broad market. Whether the rally holds depends on a credit question Levchin himself flagged on live television.

The S&P 500 has risen about 2.6% since late June despite a global bond market selloff that pushed 10-year Treasury yields to a high of 4.815%.