Bank of America’s chief executive, Brian Moynihan, said consumers are still spending despite polls that show people are worried about the economy. “The economy is still growing and our ...

New Bank of America data uncovers trends in consumer spending habits across different income brackets. 2025 Heavy Hitters Commercial Real Estate Awards The CBJ will recognize top projects in ...

Earnings season has kicked off, and as usual, the banking and finance sector pushes the envelope first to show investors where the next market trend might be headed. Considering that financial ...

Bank of America (NYSE:BAC), peering through the eyes of its data, says consumers seem to have hit the brakes on spending. The CEO of the second largest bank in the U.S., Brian Moynihan ...

Robust consumer spending in the past ... Alastair Borthwick, Bank of America's chief financial officer, said the bank is encouraged by its delinquency trends. Although delinquencies, including ...

Today, Bank of America Co. (NYSE: BAC) reports its latest earnings results, giving everyone an inside look at the current trends in the consumer sector and even some of the capital shifts between ...

Americans are still shelling out cash for discretionary spending, despite concerns of a weakening consumer. Total card spending is likely up 4.5% year-per-year over the past 3 months, Bank of ...

Bank of America's (BAC) Brian Moynihan said Thursday that US consumer spending “has slowed down” after a series of interest-rate raises from the Federal Reserve. Speaking at a conference in ...

Bank of America Corp.’s chief financial officer said prospects for a US recession are getting dimmer amid robust consumer spending. “It’s difficult to see a US recession when the consumer is ...

Bank of America reported a 10% profit jump in the third quarter, but warned that consumer spending is slowing down ... the economy has slowed down. These trends also appear to be pretty sticky ...