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

Spending data suggests that diners aren't eating out less, though some are dining at restaurants less often and spending more ...

Recent data from Bank of America Corp. reveals that consumer spending has been slowing across all income levels since the start of the year.

The consumer has long been the engine of U.S. economic growth, with consumer spending or spending on behalf of consumers ...

A2A, or pay by bank payments, are an alternative to card networks, a lower-cost option that is catching on with consumers and ...

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 ...

Visa and Mastercard are expected to report higher quarterly profits this week on steady consumer spending, and analysts will ...

Bank of America on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net ...

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 ...

While spending in the division that provides cards for retailers fell 5% in the quarter, plastic that carries the bank's own brand — a cohort with higher credit scores — saw spending rise 3%.

That compares to a 6% spending jump at American Express and a similar rise at JPMorgan Chase, both of which cater to wealthier users with higher credit scores. America, at the start of 2025, is a ...