Financial institution of America CEO suggests newest paying and financial savings knowledge demonstrate that the U.S. purchaser is healthier

Key Points

Bank of America’s consumers continue to devote freely, applying their credit history cards and other payment strategies for 10% much more transaction volume in September and the very first half of October than a year before, CEO Brian Moynihan said.
Customers’ account balances continue to be greater than before the coronavirus pandemic struck in early 2020, Moynihan explained, indicating that they had been in a excellent posture to carry on paying out.
Last but not least, purchaser credit rating continues to be pristine, with late-payment metrics however well below pre-2020 averages, indicating that so significantly, consumers have experienced tiny issues keeping up with their financial debt.

Supply

Finance

Traders believe inflation could near 5% this year

May 12, 2026

Key Points Traders on Kalshi think inflation will likely rise above 4.5% in 2026. A smaller number believe price increases will breach 5%. Those levels are higher than economists’ forecasts, which see inflation peaking at an average of 3.8% in the second quarter. Source

Finance

Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

May 12, 2026

Source

Finance

Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

May 12, 2026

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]