U.S. consumers have more debt and are starting to pull back on spending as they're trying to "maintain a lifestyle," says Bank of America's Brian Moynihan.

Bank of America and Citigroup said consumer spending ticked higher in the first quarter, when concerns about the economy began to bubble up.

11:09 EST Bank of America (BAC) sees consumer spending up 4%-5% in first two weeks of Jan.Stay Ahead of the Market:Discover outperforming stocks ...

Bank of America internal data suggests that the average utility payment increased by 16% year-over-year in August, largely offsetting the relief consumers may feel from falling gas prices.

Bank of America Chief Executive Officer Brian Moynihan has been vocal about the strength of consumer spending last year.

Recent data from Bank of America Corp. reveals that consumer spending has been slowing across all income levels since the start of the year.

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 ...

Streaming-video service spending trends might be the latest indicator of an increasingly cautious U.S. consumer, according to new research. A Bank of America report suggests that total streaming ...

Warren Buffett has often said to never bet against the American economy. American Express is one of Berkshire Hathaway's ...