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

Key Takeaways Credit-card holders generally prefer cash back to points, but premium cardholders value the points more, ...

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

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Most U.S. banks — 80% in fact — increased their artificial intelligence spending for 2025, according to American Banker's ...

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 ...

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

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 ...

The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...

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

Small businesses are essential to the ongoing prosperity of the United States, but they are not well served by the country's ...