Tag Archives: Bank

Goldman, Bank of America extend forecasts for continued Fed rate hikes

Goldman Sachs and Bank of America said they expect the Federal Reserve to raise interest rates three more times this year, lifting their estimates after data pointed to persistent inflation and a resilient labor market. Producer prices accelerated in January by the biggest margin in seven months, according to data on Thursday, while a …

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Berkshire Cuts Stakes in Bank of New York, Activision

Text size Berkshire slashed its holding in Bank of New York in the fourth quarter. Spencer Platt/Getty Images Berkshire Hathaway cut its equity stakes in Bank of New York and Activision Blizzard and increased its holding in Louisiana-Pacific in the fourth quarter, according to filings released Tuesday. Berkshire Hathaway (ticker: …

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