The Bank of America reported a drop in profits for the second quarter as higher interest rates led to a slowdown in lending activity. The bank’s net income fell by 19% to $7.3 billion, with revenue also declining by 4% to $22.6 billion. Despite the decrease in profits, the bank remains optimistic about its future performance.
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Senior Islamic State leader killed in Iraq, Trump says his 'miserable life was terminated'
Iraq's Prime Minister Mohammed Shia al-Sudani announced the death of Abdallah Maki Mosleh al-Rifai, also known as "Abu Khadija," the leader of the Islamic State in Iraq and Syria, killed in a joint operation by Iraqi national intelligence service and U.S.-led coalition forces. U.S. President Donald Trump confirmed the news on social media, praising the operation that terminated al-Rifai's "miserable life." The operation, conducted in Al Anbar Province, also resulted in the death of another...
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