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

For now, consumer spending is holding up ... Moynihan took over Bank of America in 2010, at a time when the bank was posting billions of dollars in losses from bad bets on the housing market ...

So number one, consumers are spending. The money moving out of their accounts, which is a lot of money at Bank of America over the course of the year – $3.5, $4 trillion is growing at 15% in ...

Bank of America Chairman and CEO Brian Moynihan says consumers are spending “at a faster rate” than he’s ever seen before, raising concerns about how inflation and supply-chain issues will ...

Bank of America (NYSE: BAC) CEO Brian Moynihan discussed what he's seeing through the lens of one of the biggest banks in America. Moynihan pointed out a shift in consumer spending trends that ...

head of consumer and small business products at Bank of America. Combined credit and debit card spending rose 21% to $63 billion. Bank of America client deposits rose 15% to $1.4 trillion.

New Bank of America data uncovers trends in consumer spending habits across different income brackets. 2025 Heavy Hitters Commercial Real Estate Awards The CBJ will recognize top projects in ...

So far, those forecasts have proven to be quite wrong, and a big reason why has been the persistent strength in consumer spending. Bank of America Chief Executive Officer Brian Moynihan has been ...

Bank of America Corp. said Thursday its 67 million consumer and small business clients hiked their aggregate credit and debit card spending by 13% in April. David Tinsley, senior economist for the ...

NEW YORK, May 5 (Reuters) - Bank of America (BAC.N), opens new tab said Thursday that consumers' debit and credit card spending rose across all income brackets in April, although spending levels ...