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 ...

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

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 ...

Bank earnings are watched not only by those who care about the health of banks' businesses but for data and commentary on the state of the economy.

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

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

Bank of America put out a mixed quarter, exceeding estimates on EPS and missing on revenue and one of its main drivers, net ...

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 ...