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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 ...
Banks are competing with each other to roll out tools that can help customers see spending trends, set their budget and more.
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Signs of slowing consumer spending seen in new Bank of America reportA 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 ...
U.S. consumer spending held steady in May, with average credit and debit card purchases per household rising just 0.8% from ...
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Liz Everett Krisberg, head of Bank of America Institute, joins ‘Squawk Box’ to break down the Institute’s June Consumer ...
Those with premium cards, defined as having an annual fee of at least $250, were an anomaly, Bank of America's research said.
Indeed, the share of consumer spending that is devoted to services has at last caught up with its trend from before the ...
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...
Asean needs to go beyond rhetoric and coordinate its responses to American protectionism so that there is strength in numbers ...
Read here for an update on the latest economic trends, neutral indicators, stagflation risks, mixed market signals, and ...
The World Bank also predicted growth in China to slow to 4.5 percent in 2025, partly due to U.S. tariffs, a property market ...
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