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A Bank of America logo is seen on the entrance to a Bank of America financial center in New York City, U.S., July 11, 2023. REUTERS/Brendan McDermid/ File Photo
Apr 20, 2026

US Supreme Court rebuffs challenge to class-action status of bank collusion suit

The U.S. Supreme Court declined to hear an appeal by Bank of America and others, allowing a $12 billion class action on municipal bond rate collusion to proceed.

A construction worker works at a Lennar residential housing development called Junipers in San Diego, California, U.S., June 18, 2024. REUTERS/Mike Blake/File Photo
Apr 20, 2026

US homebuilders brace for another challenging year as war, tariffs hurt margins

U.S. homebuilders face margin challenges due to tariffs, the Iran war, and rising inflation, impacting sales and construction costs.

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