Bank of America (BAC) CEO Brian Moynihan is dialing back his expectation for a mild recession this year, mostly thanks to the resilience of the US consumer. "People are working, and they are ...
(The Hill) – Brian Moynihan, the head of Bank of America, said on Sunday that his company plans to slow down its hiring process and predicted that the U.S., would experience a mild recession ...
Another high-profile financial figure has stepped forward to warn about the potential impacts of the US trillion-dollar ...
Bank of America CEO Bryan Moynihan said the company, known for its unwavering commitment to growth, was looking to sell off some of its "lazier" assets. is ready to reverse a decades-long strategy ...
Despite two years of higher-than-normal inflation and rising interest rates, U.S. consumer spending has remained remarkably ...
Has the world's largest private-equity firm built a $114 billion house of cards?
NEW YORK: Bank of America Corp chief executive Brian Moynihan says there are signs of the US economy slowing, but his firm still expects a soft landing rather than a recession. “The reality is ...
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However, at least one Wall Street analyst sees a silver lining to the update. In the wake of the first-quarter report, Wolfe ...
Chipotle COO Scott Boatwright discusses the company's 2Q earnings, the impact of food inflation, the technology being integrated into the fast food industry and launching its National Avocado Day ...
Robust consumer spending in the past few years has helped the U.S. avoid a recession. Consumer spending continues to grow, albeit at a slower pace than last year. U.S. consumer credit card debt is ...