Good morning. CFOs have navigated economic uncertainty, inflation, and high interest rates over the past few years. But the Federal Reserve announced last week a 50 basis point cut to its benchmark interest rate, which is the first rate cut in four years. And big bank CFOs are optimistic about this move.

(Reuters) - The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick said at a conference on Wednesday. "The Fed winning the inflation battle is important for the economy. It appears they are winning that battle," he said.

Historically, once the Fed starts lowering rates, value stocks outperform growth stocks, and defensive stocks outperform cyclicals. But that has generally happened when the Fed cu

Live Nation and Tepper Sports Entertainment — along with Charlotte Mayor Vi Lyles — announced the performers at a news conference at Bank of America Stadium.

Billy Joel is the fourth best-selling solo artist in the world, with hits including “The Longest Time,” “Vienna,” “Still Rock and Roll to Me,” and “Piano Man.” Sting has sold more than 100 million albums as a solo artist and with The Police,

Billy Joel and Sting will perform at Bank of America Stadium on May 10, 2025, Live Nation and Tepper Sports & Entertainment said in a highly anticipated announcement Thursday morning. Why it matters: Charlotte is drawing more and more big-name acts who are taking note of Bank of America Stadium's high ticket sales.