Bank of America said Tuesday it would eliminate insufficient funds fees and cut overdraft fees from $35 to $10—the latest move from a large bank away from the practice amid years of pressure from critics who say the fees unfairly target vulnerable communities.
Goldman Sachs has informed U.S. employees who are returning to offices they will have to get a COVID-19 booster shot, if eligible, by Feb. 1 in order to enter company premises as Omicron spreads throughout the country, while New York registers one of the highest infection rates.
Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.
