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Bank of America Corp. on Wednesday delivered an upside earnings surprise and stuck to its financial outlook for the year as it reinforced the theme of the resilient American consumer and benefited ...
Markets today focus on Bank of America earnings, with net interest income, credit quality, and Fed policy signals set to drive early trading sentiment.
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 on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net interest income fell just short.
Bank of America’s net income for the second quarter increased 3% from a year ago to $7.1 billion, the bank said Wednesday.
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 ...
Bank of America customer data show money moving across all our consumer spending methods — debit and credit cards, and checks — grew at a 4.4% pace in the first quarter compared to the same ...
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 ...
America, at the start of 2025, is a tale of two consumers. Stream Connecticut News for free, 24/7, wherever you are. Lower-income earners are reining in their transactions to focus on essentials ...
America, at the start of 2025, is a tale of two consumers. Lower-income earners are reining in their transactions to focus on essentials, while the wealthy continue to spend freely on perks ...