Clients of BofA Securities last week sold U.S. equities for a second straight week, booking the biggest weekly outflow in six ...
Consumers are spending steadily but shifting toward smaller, more frequent, value-focused purchases. Read more here.
That includes two-thirds of those with household incomes under $50,000, according to the latest NBC News Decision Desk Poll.
Cash holdings among fund managers surveyed by Bank of America have plunged to a record low, the bank said this week.
America’s cost-of-living problem is simple math: Inflation spiked several years ago and paychecks haven’t had enough time to ...
Hiring has generally been weak, while the unemployment rate has ticked higher, which could hurt consumer spending and the broader economy. The latest job report showed that the U.S. gained a decent 64 ...
The latest jobs report showed that the US economy lost 105,000 positions in October and added just 64,000 in November, with the unemployment rate rising to 4.6%, the highest in more than four years.
Even with sustained inflation, tariff impacts on prices for imported goods, and a softening job market, consumers are still ...
Fourteen of the largest U.S. retail banks posted jumps in the income they generated from overdraft and bounced-check fees ...
Holiday shopping is well underway, but for many Americans, a financial holiday hangover is waiting for them in 2026.
Record-low cash levels flash a risk-on extreme. BofA's Michael Hartnett says crowded trades and peak optimism could cap ...
U.S. retail sales were unexpectedly flat in October, though consumer spending appears to have remained on a solid footing at ...