A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of ...

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

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

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $48.97, ...

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

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 ...

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

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 ...

As US inflation edges up, a World Bank warning signals the global economy may face its weakest decade since the 1960s.