More credit card debt and car loans transitioned into late payment status last quarter, per the New York Fed.

Despite the troubles posed by high interest rates in the U.S., consumers have proven resilient, aided by elevated wage growth, Bank of America (NYSE:BAC) CEO Brian Moynihan told Bloomberg ...

CNBC's Sara Eisen sits down with Bank of America CEO Brian Moynihan on 'Power Lunch' to discuss the state of financials, interest rates, and inflation.

U.S. consumers' late payments on credit cards and other loans are starting to level off in recent months after rising earlier ...

IF THE US Federal Reserve does not start cutting interest rates relatively soon, US consumers could become dispirited, Bank of America CEO Brian Moynihan said on Sunday. At the end of July the Fed ...

Bank of America CEO Brian Moynihan sees that, compared to last year, consumers are significantly less enthusiastic about spending money. At the same time, Moynihan — whose bank has around 69 ...

Bank of America CEO Brian Moynihan on Tuesday praised Warren Buffett as an investor in the company, but said he has not asked ...

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Large banks welcomed regulators' proposed changes to last year's controversial reform package, but remain skeptical about the ...

(The Hill) — The CEO of Bank of America, Brian Moynihan ... Moynihan said the consumer spending rate stands at about 3 percent, about half of what it was last year. Consumers are feeling ...

Prepare for a US debt default and a recession that will drag down corporate earnings, according to Bank of America CEO Brian Moynihan. In an interview with CNN on Monday, the head of the second ...

Bank of America Corporation ( NYSE: BAC) Barclays 22nd Annual Global Financial Services Conference September 10, 2024 1:05 PM ET Brian Moynihan - Chairman, CEO & President ...