Bank of America (BofA) is launching a $250 billion initiative to finance a broad buildout of U.S. infrastructure, including data centers, semiconductor facilities, power generation and transportation projects. The banking giant announced Wednesday that its Critical Infrastructure Finance Initiative will mobilize and deploy $250 billion through lending, investments, capital markets…

Cleveland Federal Reserve President Beth Hammack on Monday said that she thinks there will be a need for more than one interest rate hike to prevent inflation from becoming more entrenched across the economy. Hammack made the comments in an interview with Yahoo Finance that followed her dissent from the…

Key takeaways Credit card companies don’t advertise it, but it’s possible to negotiate your APR with your card issuer. Research your account’s history and terms as well as competing card offers so that you can make an informed argument. Improving your credit score tends to be an effective way…