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Credit and debit card spending per household fell 0.7% in May on a seasonally adjusted, month-over-month basis, according to new data from Bank of America released on Tuesday. Mary Hines Droesch, Bank ...
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Signs of slowing consumer spending seen in new Bank of America reportA new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior ...
U.S. consumer spending held steady in May, with average credit and debit card purchases per household rising just 0.8% from ...
Those with premium cards, defined as having an annual fee of at least $250, were an anomaly, Bank of America's research said.
Banks are competing with each other to roll out tools that can help customers see spending trends, set their budget and more.
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...
Asean needs to go beyond rhetoric and coordinate its responses to American protectionism so that there is strength in numbers ...
Business Insider's 10th annual list of the most innovative CMOs includes big companies like Walmart and challengers like ...
Small businesses are essential to the ongoing prosperity of the United States, but they are not well served by the country's ...
The World Bank also predicted growth in China to slow to 4.5 percent in 2025, partly due to U.S. tariffs, a property market ...
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Al Jazeera on MSN‘Save what we can’: Economic uncertainty, Trump rhetoric hits US travelUS travel industry has been hit by domestic consumers cutting back and foreigners snubbing country over Trump rhetoric.
TheStreet. There's been considerable debate over the US economy this year. After delivering solid growth in 2024 that ...
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