Bank of America Corp. is continuing to hire even as artificial intelligence and other technology tools take over jobs and cut off many traditional career paths. Next week, 2,000 summer interns and another 2,000 full-time recruits from college campuses will flock to Bank of America’s offices. They’ll start in roles across the firm’s eight lines of business, including consumer, investment and corpor...
Bank of America Corp. is continuing to hire even as artificial intelligence and other technology tools take over jobs and cut off many traditional career paths. Next week, 2,000 summer interns and another 2,000 full-time recruits from college campuses will flock to Bank of America’s offices. They’ll start in roles across the firm’s eight lines of business, including consumer, investment and corporate banking, according to Josh Bronstein, the company’s head of global talent. “This is an important leadership pipeline for us, where we bring in a broad group of talent who can come and grow long-term careers with us,” Bronstein said in an interview. “While certainly some of the work changes as a result of technology, that doesn’t mean our aggregate campus-class needs change.” Bank of America, seeking to keep a lid on expenses by maintaining a flat headcount, is redeploying people across the company and using AI to make them more efficient. Last year, executives at the Charlotte, North Carolina-based company laid out several financial targets aimed at raising revenue and lowering the firm’s efficiency ratio across business lines. Read More: BofA Vows to Boost Profit, Curb Costs as Stock Trails Rivals The bank hired roughly 18,000 people globally in 2025, reaching a total 213,207 by the end of the year. Though that number dipped to 212,134 in the first quarter, Bronstein said the company is still hiring at a similar pace to a year ago, and the class of summer interns and full-time recruits is roughly the same as well. Nationwide, job openings jumped in April to the highest level in almost two years and layoffs fell, adding to signs the labor market remained resilient even as businesses navigated rising energy costs sparked by the Iran war. “We are committed to bringing in external talent to the company, at the same time managing the headcount of the company responsibly,” Bronstein said. That means letting people go naturally through attrition and using technology to expand...
Roman Tiraspolsky/iStock Editorial via Getty Images Leading private credit names were in the top S&P 500 decliners after the industry giant Cliffwater was said to have curbed redemptions at its private credit fund for the second quarter as well. KKR was -5.43% to $89.32 during pre-market trading on Wednesday, APO -3.70% to $123.99, ARES -4.90% to $121.99, BX -5.45% to $108.65, and BLK -1.37% to $1...
Roman Tiraspolsky/iStock Editorial via Getty Images Leading private credit names were in the top S&P 500 decliners after the industry giant Cliffwater was said to have curbed redemptions at its private credit fund for the second quarter as well. KKR was -5.43% to $89.32 during pre-market trading on Wednesday, APO -3.70% to $123.99, ARES -4.90% to $121.99, BX -5.45% to $108.65, and BLK -1.37% to $1,005.00. Furthermore, OWL was -5.66% to $9.50. Cliffwater Corporate Lending Fund ( CCLFX ) reportedly received redemption requests totaling about 17% of shares during the second quarter, and subsequently capped withdrawals at 5%. The news casts fresh doubts on the health of the $1.8 trillion private credit market. The $31B private credit fund had capped redemptions at 7% in the first quarter as well after receiving withdrawal requests of roughly 14%. Investors were said to have sought to get back more than $20B of their investments from private credit firms in Q1. Several non-traded business development companies are likely to report the results of their Q2 tender offers in the coming weeks. Last month, Blue Owl Capital ( OWL ) co-CEO Marc Lipschultz signaled a shift in investor sentiment toward private credit ( VPC ) ( BIZD ) ( PRIV ), suggesting the recent period of heightened concern over the asset class may be subsiding. However, the latest news is said to be a sign of enduring pressure on the market. Redemption requests at non-traded business development companies reached historic levels in Q1 and are likely to peak in Q2, a recent report by Bank of America said . Apollo Debt Solutions received redemption requests of 11.2% of shares outstanding in Q1, which is expected to surge to 15% in Q2. Ares Strategic Income Fund got requests of 11.6% in Q1, which is expected to rise to 14% in Q2, according to BofA researchers. Furthermore, the researchers forecast that Blackstone Private Credit Fund, or BCRED, saw withdrawal requests totaling 7.9% in Q1, which is expected to peak...
Ahead of its annual developer conference next week, Apple ( AAPL ) announced on Wednesday its first developer center in Europe, set to be opened in Berlin. The new center will give European developers additional access to Apple experts and events and a more direct way to learn about the company's tools, technologies, and resources, the company said in a statement. Apple already has existing develo...
Ahead of its annual developer conference next week, Apple ( AAPL ) announced on Wednesday its first developer center in Europe, set to be opened in Berlin. The new center will give European developers additional access to Apple experts and events and a more direct way to learn about the company's tools, technologies, and resources, the company said in a statement. Apple already has existing developer centers in Bengaluru, India; Cupertino, Calif.; Shanghai; and Singapore. “Europe is home to an extraordinary community of developers who are building apps that create connections, encourage creativity, and drive innovation,” said Susan Prescott, Apple’s vice president of Worldwide Developer Relations, in a statement. “We have always believed that when developers have the right tools and resources to do their best work, incredible things follow. That belief is what this center is built on, and we look forward to seeing what the community continues to develop.” Apple is set to host its Worldwide Developers Conference from June 8 to June 12, where it is expected to discuss updates to its various operating systems. The event will kick off with a keynote address at 1 p.m. EST. More on Apple Apple Reaps AI Benefits Without Capex Burden (Rating Upgrade) Apple: We Don't Need No Engineering, We Don't Need No Fold-A-Phone Apple's AI Profit Explosion Apple prepares to release bill-splitting feature in Apple Cash update: report Dell launches touch-screen XPS 13 starting at $699 to rival Apple
Ahead of its annual developer conference next week, Apple ( AAPL ) announced on Wednesday its first developer center in Europe, set to be opened in Berlin. The new center will give European developers additional access to Apple experts and events and a more direct way to learn about the company's tools, technologies, and resources, the company said in a statement. Apple already has existing develo...
Ahead of its annual developer conference next week, Apple ( AAPL ) announced on Wednesday its first developer center in Europe, set to be opened in Berlin. The new center will give European developers additional access to Apple experts and events and a more direct way to learn about the company's tools, technologies, and resources, the company said in a statement. Apple already has existing developer centers in Bengaluru, India; Cupertino, Calif.; Shanghai; and Singapore. “Europe is home to an extraordinary community of developers who are building apps that create connections, encourage creativity, and drive innovation,” said Susan Prescott, Apple’s vice president of Worldwide Developer Relations, in a statement. “We have always believed that when developers have the right tools and resources to do their best work, incredible things follow. That belief is what this center is built on, and we look forward to seeing what the community continues to develop.” Apple is set to host its Worldwide Developers Conference from June 8 to June 12, where it is expected to discuss updates to its various operating systems. The event will kick off with a keynote address at 1 p.m. EST. More on Apple Apple Reaps AI Benefits Without Capex Burden (Rating Upgrade) Apple: We Don't Need No Engineering, We Don't Need No Fold-A-Phone Apple's AI Profit Explosion Apple prepares to release bill-splitting feature in Apple Cash update: report Dell launches touch-screen XPS 13 starting at $699 to rival Apple
Since 2022, Nvidia (NASDAQ: NVDA) has dominated the artificial intelligence accelerator market, and estimates still place its current market share at about 80%. However, other chipmakers are chipping away at its lead. Broadcom (NASDAQ: AVGO) , which recently surpassed a market cap of $2 trillion, is now its biggest competitor. Although Nvidia still offers the most popular general-purpose graphics ...
Since 2022, Nvidia (NASDAQ: NVDA) has dominated the artificial intelligence accelerator market, and estimates still place its current market share at about 80%. However, other chipmakers are chipping away at its lead. Broadcom (NASDAQ: AVGO) , which recently surpassed a market cap of $2 trillion, is now its biggest competitor. Although Nvidia still offers the most popular general-purpose graphics processing units (GPUs), Broadcom's focus on custom silicon allows it to do one key thing better than its rival. Image source: The Motley Fool. Continue reading
Fatally restrained by security guards outside a Dublin department store, Congolese-born Sakila’s demise raises serious questions about accountability • Don’t get The Long Wave delivered to your inbox? Sign up here Hello and welcome to The Long Wave. On a Dublin street two weeks ago, Yves Sakila died. The 35-year-old, who was of Congolese origin, was pinned down by security guards for almost five m...
Fatally restrained by security guards outside a Dublin department store, Congolese-born Sakila’s demise raises serious questions about accountability • Don’t get The Long Wave delivered to your inbox? Sign up here Hello and welcome to The Long Wave. On a Dublin street two weeks ago, Yves Sakila died. The 35-year-old, who was of Congolese origin, was pinned down by security guards for almost five minutes after being accused of shoplifting a bottle of perfume from a department store. When the police arrived, Sakila was dead. I spoke to Dr Ebun Joseph, special rapporteur on racial equality and racism in Ireland, about what is being called Ireland’s “George Floyd moment”. The impact of Yves Sakila’s death continues to reverberate across Ireland. Joseph was appointed to give an independent evaluation of the government’s National Action Plan Against Racism, days after several protests and a vigil in Dublin. I ask her what the mood is among Black communities in Ireland. Continue reading...
GlobalP/iStock via Getty Images Foreword Introducing his Kiplinger Investing newsletter article, Dan Burrows notes, "Sometimes stocks with the highest dividend yields can be fool's gold. And this could be pertinent to some of the stocks with the highest dividend yields in the S&P 500 today. Be forewarned that in some cases, the names below have entered elite-yield territory only because their shar...
GlobalP/iStock via Getty Images Foreword Introducing his Kiplinger Investing newsletter article, Dan Burrows notes, "Sometimes stocks with the highest dividend yields can be fool's gold. And this could be pertinent to some of the stocks with the highest dividend yields in the S&P 500 today. Be forewarned that in some cases, the names below have entered elite-yield territory only because their share prices have come under stress. In turn, that has some analysts concerned about the sustainability of payouts going forward." While most of this collection of S&P 500 dividend stocks are overpriced or reveal only skinny dividends, four of the ten highest yield 'safer' S&P 500 June Dogs are ready to buy. The list was screened to remove stocks showing negative annual returns this month. June finds: VICI Properties ( VICI ), Verizon ( VZ ), AT&T ( T ), and Franklin Resources ( BEN ) living up to the dogcatcher ideal of annual dividends from $1K invested exceeding single share prices. All four are also 'safer' because they have free cash flow adequate to support their dividends. With renewed downside market pressure of up to 25%, all ten of the top 'safer' dividend dogs could become ideal, fair-priced buys, with annual yield (from $1K invested) meeting or exceeding their single share prices. [See a summary of the top ten fair-priced S&P 500 Dogs in A ctionable Conclusion 21 near the midpoint of this article.] Actionable Conclusions (1-10): Brokers Expect 17.87% to 35.79% Net Gains From Top-Ten S&P 500 Dogs By June 2027 Four of the ten top-yield S&P 500 dividend dogs (tinted gray in the chart below) were also top ten price gainers based on analyst 1-year targets. So, this June, 2026 yield-based forecast for S&P 500 dogs, as graded by Wall St. wizard estimates, was 40% accurate. Estimated dividend returns from $1,000.00 invested in each of the ten highest-yielding S&P 500 stocks and their aggregate one-year analyst median target prices, as reported by YCharts, created the estima...
Stephen McCullagh planned ‘cold-blooded and calculated’ killing of Natalie McNally in Lurgan, Northern Ireland, in great detail A YouTuber who set up a false alibi by livestreaming a video-gaming session online has been sentenced to 31 years in prison for the “cold blooded and calculated” murder of his pregnant partner. Stephen McCullagh, 36, of Lisburn, County Antrim, showed no emotion on Wednesd...
Stephen McCullagh planned ‘cold-blooded and calculated’ killing of Natalie McNally in Lurgan, Northern Ireland, in great detail A YouTuber who set up a false alibi by livestreaming a video-gaming session online has been sentenced to 31 years in prison for the “cold blooded and calculated” murder of his pregnant partner. Stephen McCullagh, 36, of Lisburn, County Antrim, showed no emotion on Wednesday as he was sentenced at Belfast crown court for the murder of Natalie McNally , a crime that chilled Northern Ireland. Continue reading...
Prominent backers including Louise Haigh say they would not support using Parliament Acts to pass bill Prominent backers of assisted dying, including the former cabinet ministers Louise Haigh, Ian Murray and Jeremy Hunt, have told constituents they do not expect the bill to be resurrected using the Parliament Acts. A growing number MPs who backed the bill have suggested to their constituents they ...
Prominent backers including Louise Haigh say they would not support using Parliament Acts to pass bill Prominent backers of assisted dying, including the former cabinet ministers Louise Haigh, Ian Murray and Jeremy Hunt, have told constituents they do not expect the bill to be resurrected using the Parliament Acts. A growing number MPs who backed the bill have suggested to their constituents they do not support the use of the act which allows the potential bypassing of the House of Lords, where peers blocked the bill. Continue reading...
Motorola Solutions is transforming domestic airspace security by acquiring cutting-edge counter-drone technology to establish a public safety monopoly.
Motorola Solutions is transforming domestic airspace security by acquiring cutting-edge counter-drone technology to establish a public safety monopoly.
UnitedHealth ( UNH ) declares $2.32/share quarterly dividend , 5% increase from prior dividend of $2.21. Forward yield 2.46% Payable June 23; for shareholders of record June 15; ex-div June 15. See UNH Dividend Scorecard, Yield Chart, & Dividend Growth. More on UnitedHealth UnitedHealth's Comeback Nobody Expected UnitedHealth Group Incorporated (UNH) Presents at Bank of America Global Healthcare C...
UnitedHealth ( UNH ) declares $2.32/share quarterly dividend , 5% increase from prior dividend of $2.21. Forward yield 2.46% Payable June 23; for shareholders of record June 15; ex-div June 15. See UNH Dividend Scorecard, Yield Chart, & Dividend Growth. More on UnitedHealth UnitedHealth's Comeback Nobody Expected UnitedHealth Group Incorporated (UNH) Presents at Bank of America Global Healthcare Conference 2026 Transcript UnitedHealth: TrumpRx Is A Nothingburger UnitedHealth sued by Massachusetts over alleged $100M Medicaid overpayments UnitedHealth cuts nearly two-thirds of prior authorizations in pediatrics