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A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of ...
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 ...
So far, those forecasts have proven to be quite wrong, and a big reason why has been the persistent strength in consumer spending. Bank of America Chief Executive Officer Brian Moynihan has been ...
Bank of America reported a 10% profit jump in the third quarter, but warned that consumer spending is slowing down. "The first 13 days of October look a lot like September," CEO Brian Moynihan says.
A recent report from Bank of America found that household card spending dropped year over year in April, signaling a slowdown in consumer spending. Bank of America's Merrill Lynch to pay over $9 ...
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 ...
Bank of America Corp. said customer spending continues to show signs ... and fears that the US is poised to slide into recession. “Consumers are in better shape to respond to a slowdown in ...
11:09 EST Bank of America (BAC) sees consumer spending up 4%-5% in first two weeks of Jan. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
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 ...
Because it's one of the largest banks in the U.S., Bank of America's (NYSE: BAC) metrics can provide investors with some valuable insights about consumer spending and the overall strength of ...