A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior ...

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 ...

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 ...

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 ...

However, Moynihan pointed out that the bank has noticed consumers pulling slightly back on their spending throughout the 2024 summer months – but when they spend, it’s at restaurants or on travel.

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 ...

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 ...

Credit and debit card spending per household fell 0.7% in May on a seasonally adjusted, month-over-month basis, according to new data from Bank of America released on Tuesday. Mary Hines Droesch, Bank ...

Bank of America chairman and CEO Brian Moynihan says the Fed's rate hikes have successfully slowed down consumer spending. In an exclusive conversation with Bloomberg Wall Street Week host David ...

Bank of America has noted that older consumers are spending on travel, including hotels, airfare and cruises, now that the Covid emergency is over. Due to Covid fears, older generations held back ...