Pentair (NYSE:PNR) on Tuesday was downgraded to Underperform from a previous investment rating of Neutral by analysts at Bank ...

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 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 recently reported better-than-expected first-quarter earnings, beating analyst estimates. Its profit jumped 11% to $7.4 billion, or 90 cents per share, from $6.7 billion, or 76 ...

U.S. consumer spending held steady in May, with average credit and debit card purchases per household rising just 0.8% from the previous year, according to data from the Bank of America Institute ...