Bank of America Global Research's 2022 Millennial Home Improvement Survey revealed that Millennials were the most likely cohort to buy a new home, with two-thirds of respondents saying they were likely to do so within two years.
A veteran business banker at large financial institutions, John Ciccolella enjoys the variety of experiences and the people he works with as BofA's Pittsburgh president.
Carvana stock has been on a steady downtrend since mid-2021 peaks, with declining earnings keeping the online used car retailer in a stock price rut. Despite macroeconomic headwinds and Carvana’s recent lackluster performance, Bank of America remains optimistic about the company’s business model.