News

The American consumer? They're doing “fine.” That’s the take at JPMorgan Chase (JPM), one of several large U.S. financial institutions to report results in recent days. (Here are links to Investopedia ...
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.
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 data showed that spending growth has increased across generations, but Baby Boomers saw the highest jump, nearly 4% year-over-year. By Carla St. Louis carlastlouis Published 02/12 ...
Despite consumer concerns about finances, spending remains strong, said Bank of America CEO Brian Moynihan. While tariff threats may slightly lower GDP forecasts, Bank of America expects steady 2% ...
Consumers have pulled back on travel spending in recent months, according to new data from the Bank of America Institute.
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 ...