Those with premium cards, defined as having an annual fee of at least $250, were an anomaly, Bank of America's research said.

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

U.S. consumer spending held steady in May, with average credit and debit card purchases per household rising just 0.8% from ...

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

US consumers across all income levels cut their spending on lodging and airlines in the year to May, compared with the same ...

Spending on airlines and lodging has fallen across all income levels compared with the previous year, Bank of America ...

The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...

Small businesses are essential to the ongoing prosperity of the United States, but they are not well served by the country's ...

As US inflation edges up, a World Bank warning signals the global economy may face its weakest decade since the 1960s.

Bank of America accounts come equipped with Erica, an AI virtual assistant that can provide advice based on a customer’s spending habits and help them make better financial decisions.

Amidst a slight cooling in economic activity, inflation has been making decent progress towards the 2% target. However ...