A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of ...

U.S. retail sales for May are expected to post a sharp monthly decline, potentially reinforcing concerns that tariff ...

For now, consumer spending is holding up ... Moynihan took over Bank of America in 2010, at a time when the bank was posting billions of dollars in losses from bad bets on the housing market ...

So number one, consumers are spending. The money moving out of their accounts, which is a lot of money at Bank of America over the course of the year – $3.5, $4 trillion is growing at 15% in ...

Bank of America Chairman and CEO Brian Moynihan says consumers are spending “at a faster rate” than he’s ever seen before, raising concerns about how inflation and supply-chain issues will ...

head of consumer and small business products at Bank of America. Combined credit and debit card spending rose 21% to $63 billion. Bank of America client deposits rose 15% to $1.4 trillion.

Bank of America said Thursday that consumers' debit and credit card spending rose across all income brackets in April, although spending levels for lower-income customers appeared to flatten out ...

Bank of America Corp. said Thursday its 67 million consumer and small business clients hiked their aggregate credit and debit card spending by 13% in April. David Tinsley, senior economist for the ...

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 ...

11:09 EST Bank of America (BAC) sees consumer spending up 4%-5% in first two weeks of Jan. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.

NEW YORK, May 5 (Reuters) - Bank of America (BAC.N), opens new tab said Thursday that consumers' debit and credit card spending rose across all income brackets in April, although spending levels ...