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 ...

Today, Bank of America Co. (NYSE: BAC) reports its latest earnings results, giving everyone an inside look at the current trends in the consumer sector and even some of the capital shifts between ...

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 ...

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 ...

Robust consumer spending in the past ... Alastair Borthwick, Bank of America's chief financial officer, said the bank is encouraged by its delinquency trends. Although delinquencies, including ...

However, Moynihan pointed out that the bank has noticed consumers pulling slightly back on their spending throughout the 2024 summer months – but when they spend, it’s at restaurants or on travel.

Bank of America reported a 10% profit jump in the third quarter, but warned that consumer spending is slowing down ... the economy has slowed down. These trends also appear to be pretty sticky ...

Bank of America's (BAC) Brian Moynihan said Thursday that US consumer spending “has slowed down” after a series of interest-rate raises from the Federal Reserve. Speaking at a conference in ...

Bank of America chairman and CEO Brian Moynihan says the Fed's rate hikes have successfully slowed down consumer spending. In an exclusive conversation with Bloomberg Wall Street Week host David ...

Bank of America has noted that older consumers are spending on travel, including hotels, airfare and cruises, now that the Covid emergency is over. Due to Covid fears, older generations held back ...

Earnings season has kicked off, and as usual, the banking and finance sector pushes the envelope first to show investors where the next market trend might be headed. Considering that financial ...