A Bank of America branch in New York’s Times Square. Stan Honda/AFP/Getty Images Bank of America has committed to giving more than $500 million in equity investments to minority- and women-led fund managers to support diverse entrepreneurs, the bank announced Thursday in a press release.  More than 60% of the fund managers who can pull…

Market Movers rounded up the best reactions from investors and analysts on Tesla . The experts talked about the electric vehicle maker. Earlier this week, the stock snapped its streak of 13-straight winning days, the longest run in the company’s history. Tesla’s previous record for such a feat was 11 consecutive positive days in 2021.…

CAVA, at the New York Stock Exchange during its initial public offering, June 14, 2023. Source: NYSE Check out the companies making the biggest moves midday. Cava Group — Shares soared 99% in midday trading during its first day as a public company. Cava Group priced its initial public offering at $22 per share and…

D3sign | Moment | Getty Images Human psychology and money don’t mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during a panel discussion at CNBC’s Financial Advisor Summit.   “We’re all crazy when it comes to money,” said Brad Klontz, managing principal of YMW Advisors in Boulder, Colorado, and…

FTX founder Sam Bankman-Fried leaves US Federal Court in New York City on March 30, 2023. Kyle Mazza | Anadolu Agency | Getty Images Federal prosecutors asked a judge on Thursday to remove five charges against alleged crypto fraudster Sam Bankman-Fried, including bribery of a foreign government official, after a Bahamas court ruling cast doubt…

[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank  President Christine Lagarde is due to give a press conference following the bank’s latest monetary policy decision. The bank announced that it was taking its main rate up…

Check out the companies making headlines in premarket trading. Target — The retailer gained 0.6% after announcing it would increase its dividend by 1.9%, or 2 cents, to $1.10 per share. Cognyte Software — Shares rose 5.6% in the premarket following the software company’s quarterly report. Cognyte posted a loss of 23 cents per share…

A football with the NFL logo. Jacob Kupferman | Getty Images The National Football League is making a big play to increase lending in underrepresented communities. The league is borrowing $78 million from a syndicate of Black- and minority-owned banks and community development financial institutions. The loan deal will generate “tier 1 capital” for the…

A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel company KBW, notes there’s a delayed reaction in the marketplace from the last hike — calling a 25 basis point move at 5% a very different situation than off a half percent. related investing news…

Market Movers rounded up the best reactions from investors and analysts on Meta . The experts talked about the social media company after Piper Sandler raised its price target on the stock to $310 from $270 Wednesday. The analyst behind the call, Thomas Champion, explained how the company has been building out its artificial intelligence…