Credit and debit card spending per household fell 0.7% in May on a seasonally adjusted, month-over-month basis, according to new data from Bank of America released on Tuesday. Mary Hines Droesch, Bank ...

A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior ...

U.S. consumer spending held steady in May, with average credit and debit card purchases per household rising just 0.8% from ...

Liz Everett Krisberg, head of Bank of America Institute, joins ‘Squawk Box’ to break down the Institute’s June Consumer ...

Those with premium cards, defined as having an annual fee of at least $250, were an anomaly, Bank of America's research said.

Indeed, the share of consumer spending that is devoted to services has at last caught up with its trend from before the ...

SINGAPORE] While headwinds persist for the Chinese economy and consumer confidence stays low, a select range of stocks could ...

Despite signs that consumers are pulling back on some spending, businesses are cautiously hopeful about domestic tourism this ...

Bank of America ... AI in analyzing its market trends. Bank of America, headquartered in Charlotte, North Carolina, operates through four primary business segments: Consumer Banking, Global ...

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 ...

Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth ...

Consumer spending has been flat in May, Bank of America credit card data shows. Forecasters say slower spending is another factor boosting the odds of a recession in 2025. Fears of higher prices ...