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Bank of America CEO Brian Moynihan Projects 2.4% US Growth in 2026 Amid Consumer and Geopolitical Risks
On January 2, 2026, Bank of America chairman and CEO Brian Moynihan said the US economy’s prospects remain solid, supported by strong employment and rising wages. He noted the bank has lifted its 2026 growth forecast to 2.4% on expectations of tax cuts and increased business investment, while warning that weaker consumer spending or global conflicts could still threaten the outlook.
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12-27
China, India and Brazil Shed $28.8 Billion in US Treasuries in October as JPMorgan Turns Net Bearish on Dollar for 2026
According to data from the Treasury International Capital System for October, Brazil, China and India jointly reduced their US Treasury holdings by $28.8 billion, with India cutting $12 billion, China $11.8 billion and Brazil $5 billion. Between October 2024 and October 2025, the three BRICS members offloaded a combined $183.2 billion in US debt, while J.P.Morgan's forex team projects a net bearish outlook for the US dollar in 2026.
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12-26
Alabama Cardiology Group Settles for $2.225M; Up to $5,000 by March 6th of 2026
Alabama Cardiology Group agreed to a $2.225 million settlement over a July 2024 breach that exposed sensitive personal, medical and financial data of more than 280,000 individuals. Eligible claimants may receive up to $5,000 for documented out-of-pocket losses, plus a pro rata cash payment and two years of credit monitoring. Claims are due by March 6th of 2026, with a final approval hearing on March 20th of 2026.
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