Warren Buffett's Berkshire Hathaway (BRK.B) has shed more Bank of America (BAC) stock, selling shares worth about $900M. Read more.

Bank of America Corp (NYSE:BAC) shares are trading higher by 2.57% to $40.64 Thursday morning. Major indexes and several bank stocks are higher after the Federal Reserve cut interest rates by 50 basis points.

We recently compiled a list of the 12 best long-term stocks to buy according to Warren Buffett. In this article, we are going to take a look at where Bank of America Corporation (NYSE:BAC) stands against the other long-term stocks to buy according to Warren Buffett.

Bank of America stock is lower Wednesday on news Warren Buffett's Berkshire Hathaway sold another chunk of its stake in the bank. Here's what you need to know.

Bank of America Corporation (NYSE:BAC) shares are climbing as the company announces a bold wage hike, driving its minimum hourly rate to $24 and edging closer to a $25 goal by 2025. “Providing a competitive minimum wage is core to being a great place to work — and I am proud that Bank of America is leading by example,

Berkshire Hathaway sold Bank of America stock in nine straight trading sessions to close the month of August and into the start of September, resuming a sell-off that started in July when the bank's stock hit a two-year high.

Shares of Bank of America Corp. rose 1.15% to $39.55 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.03% to 5,634.58 and the Dow Jones Industrial Average falling 0.