A decade ago, as farmers markets were beginning to see a resurgence in a number of U.S. cities, they were a place to spend a morning picking up fresh, seasonal ingredients. Aside from the occasional stand selling baked goods, there wasn’t really anywhere to dine or socialize. [More]
Consumers’ Changing Banking Habits Led To 1,400 Bank Of America Branches Shuttering, More Cuts To Come
Over the past several years, Bank of America has revamped the way it provides banking services in an effort to cut costs and respond to consumers’ changing banking habits. Those operation modifications have not only included shutting down some drive-thru windows, but the closure of nearly a fifth of the company’s branches. [More]
Earlier today, the folks at Moody’s Investors Service cut Bank of America’s credit ratings after it came to the decision that, should the nation’s largest bank fail, it would be less likely to receive bailout support from the federal government.