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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 ...
Bank of America’s chief executive, Brian Moynihan, said consumers are still spending despite polls that show people are worried about the economy. “The economy is still growing and our ...
Liz Everett Krisberg, head of Bank of America Institute, joins ‘Squawk Box’ to break down the Institute’s April Consumer ...
To what degree does today’s economic activity reflect a pull forward of purchases that would’ve occurred further down the ...
Shoppers are shifting spending habits to make themselves more resilient if a recession hits.
Bank of America accounts come equipped with Erica, an AI virtual assistant that can provide advice based on a customer’s spending habits and help them make better financial decisions.
There are fresh signs that consumers may be slowing their spending, a top Federal Reserve ... Williams is a key leader at the central bank. He is seen as a close ally of Fed Chair Jerome Powell ...
U.S. consumer confidence slumped to a nearly five-year low in April. Consumer spending is key because it accounts for more ...