Bank of America Earnings Get a Boost From Higher Rates

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I want to bring in others. Kristen Scho from the floor of the New York Stock Exchange, Chris. And you told us yesterday it's going to be a busy week of corporate results. How did big banks here this morning? That's right. So, Bank of America and Goldman Sachs reported results this morning and be a exceeded expectations as it made more money than anticipated on the loans that it provides higher interest rates and loan growth boosted loan profits by 4% to about $14 billion. Yet, the Ceo Brian Moynihan still said that there are signs of an economic slowdown.