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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 ...
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 ...
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'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 ...
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 ...
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 ...
Banks are competing with each other to roll out tools that can help customers see spending trends, set their budget and more.
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 ...
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.
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 ...
Getty Images Streaming-video service spending trends might be the latest indicator of an increasingly cautious U.S. consumer, according to new research. A Bank of America report suggests that ...