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

Key Takeaways Credit-card holders generally prefer cash back to points, but premium cardholders value the points more, ...

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

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

Indeed, the share of consumer spending that is devoted to services has at last caught up with its trend from before the ...

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

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

Futures tracking the Fed's policy rate show higher odds that the central bank will deliver a pair of back-to-back rate cuts ...

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.