Tag: Bank of America Corporation

Profits Rebound at Warren Buffett’s Berkshire Hathaway

The strong recovery in the stock market — and a surge in the value of Apple’s stock, in particular — drove a rebound in profits for Warren E. Buffett’s Berkshire Hathaway in the second quarter. Berkshire on Saturday said it earned $26.4 billion in the second quarter, a turnaround from a $49.7 billion loss in […]

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Interest Rates Are Low, but Loans Are Harder to Get. Here’s Why.

As public school teachers, Tori Smith and her husband have careers that should survive the coronavirus economy, but their mortgage lender wasn’t taking any chances. It told them that they would have to put down more money to keep the interest rate they wanted, then dialed back what it was willing to lend them. And […]

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