When that cut happens will depend on how bad unemployment gets. Bank of America believes that if the unemployment rate is 4.5 ...
Sales at U.S. retailers and restaurants were unchanged in October from September as consumers moderated their spending amid ...
Brian Moynihan says bank is seeing increased demand from companies needing loans. The growth reflects the county's growing ...
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Consumer spending is growing but the pace has slowed, says Bank of America's Liz Everett Krisberg
Liz Everett Krisberg, Bank of America Institute, joins 'Squawk Box' to discuss the state of the consumer, evidence of the 'K-shaped' economy and much more.
Bank of America projects Nifty to hit 29,000 by December 2026, turning bullish on financials, autos, real estate, and elite ...
A recent survey from Bank of America found 38% of consumers are only buying gifts for immediate family members and their ...
The unchanged reading in retail sales reported by the Commerce Department's Census Bureau on Tuesday followed a downwardly ...
Wall Street is warning about a widening K-shaped economy, but Bank of America says the divide may be less destabilizing than ...
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 ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
'Tis the season to spend money, and consumers are doing just that, despite pressures from tariffs and inflation. Overall, the financial health of consumers that bank with Bank of America "looks solid, ...
Even with sustained inflation, tariff impacts on prices for imported goods, and a softening job market, consumers are still ...
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