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Rising temperatures mean rising economic costs, research shows. Here’s how:

● Higher average temperatures put over half of US counties at risk for increasing utility costs, putting pressure on lower-income households.
● Heat-exposed industries have experienced significant labor loss.

Read the full analysis and subscribe to Bank of America Institute for more insights.

Despite struggling with debt and a higher cost of living, employees are starting to get their lives back on course, and they transitioned into 2024 feeling more financially and emotionally confident.

Explore and subscribe to Bank of America Institute for more trends to inform your workplace benefits and help employees thrive.

Over the next decade, $30 trillion in US wealth is expected to transfer to younger women.

As women become more active in financial decision-making, understanding their goals and risk preferences becomes increasingly important as they tend to think longer term and prioritize protection.

Bank of America Institute examines a few potential financial impacts.

Financial wellness for American employees is trending up, with 47% of American workers feeling financially healthy, up 5% since last year.

Explore and subscribe to Bank of America Institute for more about the 2024 Workplace Benefits Report.

The fastest transformation in human history is ahead of us. Artificial intelligence tools and applications could enable an abundance of opportunities beyond the digital to the physical domains of end devices, robotics, and life sciences.

See what’s next on the tech horizon – explore and subscribe to Bank of America Institute.

The 2024 Bank of America Business Owner Report is the latest evolution of Bank of America’s business owner research, combining small and mid-sized business owner insights to create a comprehensive report that explores business owners’ perspectives nationwide. This year’s report found both small and mid-sized business owners have a positive business outlook, and most expect their revenues to increase in the year ahead.

To learn more about business owners’ aspirations, concerns, and outlook for the year ahead, read the full report.

Innovations in artificial intelligence are transforming business and the world. The technological landscape is shifting to focus on implementing AI tools and applications, with five breakthrough technologies leading the way.

Bank of America Institute examines these trends ̶ explore and subscribe.

The 2024 Bank of America Business Owner Report is the latest evolution of Bank of America’s business owner research, combining small and mid-sized business owner insights to create a comprehensive report that explores business owners’ perspectives nationwide. This year’s report found both small and mid-sized business owners have a positive business outlook, and most expect their revenues to increase in the year ahead.

To learn more about business owners’ aspirations, concerns, and outlook for the year ahead, read the full report.

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