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 ...

Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained ...

The consumer has long been the engine of U.S. economic growth, with consumer-related spending making up about 70% of the ...

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

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

Taken all together, the report shows that Trump’s tariffs are beginning to leave more of an imprint on the economy.

Wall Street is growing wary of the consumer as disappointing earnings, weak sector flows, and tariff pressures expose cracks ...

Fed Chair Jerome Powell is keeping his options wide open for the September meeting, promising little while ruling out nothing ...

He also imposed a tariff of 50% on more than half of America’s imports from Brazil, complaining the country was persecuting ...

The Bureau of Labor Statistics reported earlier on Friday that the US had added 73,000 jobs in July, far lower than expected.

On July 9, Chris Hyzy, CIO at Merrill and Bank of America Private Bank, appeared on CNBC to suggest that the markets are in a wait-and-see phase, but rising profits are expected to drive future ...