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U.S. consumer spending held steady in April, with average credit and debit card purchases per household rising just 1% from ...
Consumer spending is slowing down across all income levels, according to the Bank of America’s research arm. The Bank of ...
Americans haven’t stopped spending despite broad economic uncertainty. But a close look at recent data and trends has fed ...
“While many consumers remain in good financial shape, they may be cutting back on ‘nice to have’ discretionary spending like ...
Officials at the Charlotte-based bank essentially divided their First Quarter earnings call Tuesday into talking about the bank’s growth in the first quarter and concerns over market volatility and ...
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday.
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American Express and JPMorgan Chase, both of which cater to wealthier users with higher credit scores, saw spending increase ...
Shoppers are shifting spending habits to make themselves more resilient if a recession hits.
Bank of America recently reported better-than ... Moynihan noted during the banks’ earnings call that consumer spending remains resilient and there are signs that the economy may be starting ...
The way companies manage inventory has changed in recent years.
Despite stock market volatility and tariff uncertainty, the US consumer is still spending. But earnings commentary and Wall ...
During quarterly earnings calls, credit card companies offered strong outlooks in regard to consumer spending, but many have ...
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