Consumer spending is slowing down across all income levels, according to the Bank of America’s research arm. The Bank of ...

Borthwick stated reserves are modeled around a 6% unemployment rate scenario ... the sustainability of current loan and deposit trends. Bank of America delivered a strong start to 2025 with ...

NEW YORK (Reuters) -Bank of America (BAC) shareholders voted on ... and that results in reductions in force of employees and unemployment rate would go up," he said. The administration of ...