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Stock impact report

The coronavirus economy: As Americans shy away from malls and movie theaters, the damage to livelihoods grows [USA TODAY]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: USA TODAY
The coronavirus is posing a growing threat to the U.S. economy as the outbreak shifts from a short-term headache for travel and manufacturing companies into a broader crisis that’s prompting many Americans to hunker down and limit their day-to-day activities. That’s extending the pandemic’s reach into nearly every corner of commerce as many consumers avoid large gatherings of people in places such as movie theaters, malls, restaurants and sporting events. “It’s starting to affect people’s behavior all over,” says economist Jesse Edgerton of JPMorgan Chase. Some leading economists are now forecasting a recession this year, though the nation could still dodge that outcome if the outbreak begins abating in the U.S. by summer, as some health officials predict, and growth swiftly rebounds. But the body blows to the economy are mounting. The NBA’s announcement Wednesday night that it was suspending all games until further notice may have marked a watershed. While the revenue generated by th Show less Read more
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