Retail spending is a closely watched measure of consumer financial health. Economists expect Friday's report to show July ...

Coming out of the pandemic, Bank of America Institute’s David Tinsley tells Fortune, “there was a narrowing of wealth inequality, and now it’s widening.” ...

YIELDS on term deposits went down on Wednesday on expectations of further policy easing by the Bangko Sentral ng Pilipinas (BSP) amid benign inflation. The central bank’s term deposit facility (TDF) ...

The gush of second quarter earnings reports is beginning to slow to a trickle, and with most of the reports in, the results ...

Liz Everett Krisberg, head of Bank of America Institute, joins ‘Squawk Box’ to break down the Institute’s July Consumer ...

American sports fans appear to have locked in higher spending on game day experiences, according to a new study by Bank of ...

President Donald Trump’s push to redesign the global economic order in favour of the US is shaking one of the foundations of ...

Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.

Consumer debt is on the rise, with mortgage balances, student loans, auto loans and credit card balances up across the board.

Lower-income U.S. households are cutting back on eating out, travel and pantry staples like diapers, soda and beer, as U.S. tariffs on imports are set to push prices even higher, said executives from ...

To attract consumers with tight budgets, fast-food chains are bundling select menu items at around $5, but lower-income ...