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Markets today focus on Bank of America earnings, with net interest income, credit quality, and Fed policy signals set to drive early trading sentiment.
Visa and Mastercard are expected to report higher quarterly profits this week on steady consumer spending, and analysts will ...
While spending in the division that provides cards for retailers fell 5% in the quarter, plastic that carries the bank's own brand — a cohort with higher credit scores — saw spending rise 3%.
Q2 2025 Management View CEO Brian Thomas Moynihan highlighted solid consumer spending, improving credit quality, and robust ...
Bank earnings are watched not only by those who care about the health of banks' businesses but for data and commentary on the ...
America, at the start of 2025, is a tale of two consumers. Stream NBC 5 for free, 24/7, wherever you are. Lower-income earners are reining in their transactions to focus on essentials, while the ...
The consumer has long been the engine of U.S. economic growth, with consumer spending or spending on behalf of consumers ...
New Bank of America data uncovers trends in consumer spending habits across different income brackets. Deadline: Friday, July 18, 2025 2025 Heavy Hitters Commercial Real Estate Awards ...
Bank of America recently reported better-than-expected first-quarter earnings, beating analyst estimates. Its profit jumped 11% to $7.4 billion, or 90 cents per share, from $6.7 billion, or 76 ...
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 ...