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Seeing really positive consumer spending from both retail and services: BofA's Liz Everett Krisberg
Liz Everett Krisberg, head of Bank of America Institute, joins ‘Squawk Box’ to break down the Institute’s July Consumer ...
Key Takeaways July reversed a decline in month-to-month retail spending, with sales rising 1.5%, according to the National Retail Federation.The trade group and analysts from Bank of America said the ...
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 earnings are watched not only by those who care about the health of banks' businesses but for data and commentary on the ...
Consumer spending rose 3% for travel and entertainment, 3% for food, 1% for retail and 5% for services, and it fell 6% for gasoline, according to Bank of America's estimates.
Pentair (NYSE:PNR) on Tuesday was downgraded to Underperform from a previous investment rating of Neutral by analysts at Bank of America Securities. They pointed to persistent consumer spending ...
Bank of America on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net ...
Bank of America said its credit and debit card spending was up 4%. Wells Fargo’s purchase volume was up 4% for its debit cards and 8% for its credit cards.
A2A, or pay by bank payments, are an alternative to card networks, a lower-cost option that is catching on with consumers and ...
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 ...
Taken all together, the report shows that Trump’s tariffs are beginning to leave more of an imprint on the economy.
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