Bank of America is now expecting the U.S. economy to experience a “soft landing” instead of a recession, its economists said in a research note this week. The bank’s economists, who had ...

President Donald Trump has been adamant his tariffs will bring factory jobs back to American shores. Higher import taxes will likely push manufacturers to move operations back to the U.S., according ...

Economic uncertainty remains a hot topic as consumers navigate rising costs, ... Bank of America economist weighs in on consumer spending trends. expand. Bank of America Tower in uptown Charlotte.

Bank of America has reported impressive first-quarter earnings, surpassing analyst expectations. The bank's profit rose by 11% to $7.4 billion, or 90 cents per share, compared to $6.7 billion, or ...

Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence is ...

Today’s report from Bank of America completed the second quarter earnings season for U.S. money-center banks and confirmed the trends shown in results posted earlier this week by Citigroup ...

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 ...

Consumer spending remains strong despite recession warnings and global economic slowdown, but Bank of America Merrill Lynch found a collection of negative signals that could drag on spending behavior.

Bank of America is confident in the economy even as its profits declined. The bank reported lower quarterly profits, but it expects to earn significantly more money later this year from rising ...

A recent Bank of America report details just how expensive the cost of living has become.

Bank of America CEO’s Optimism Defies Economic Gloom Consumers are in good shape, Brian Moynihan says, but the bank socked away funds to prepare for a possible recession Bank of America earned ...

Bank of America CEO Brian Moynihan said the US economy is resilient, thanks in part to its banks. He shrugged off calls for more regulation after NYCB wobbled. Banks have helped the economy remain ...