Read extra concerning the new initiative and Bank of America’s ongoing commitment to supporting women and minorities in the business neighborhood right here. Top White House economic adviser Brian Deese on Wednesday addressed new knowledge that showed inflation at a virtually 40-year excessive, telling reporters that growing prices are a “global phenomenon” that is related to the COVID-19 pandemic. KB Home said it earned $174 million, or $1.ninety one a share, within the quarter, compared with $106 million, or $1.12 a share, in the year-ago interval. Analysts polled by FactSet expected EPS of $1.seventy seven on sales of $1.7 billion. …