https://www.live-feeds.com/feed/bank-earnings-higher-rates-haven-t-hurt-consumer-spending-or-ai-financing-yetContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bank-earnings-higher-rates-haven-t-hurt-consumer-spending-or-ai-financing-yethttps://www.live-feeds.com/feed/bank-earnings-higher-rates-haven-t-hurt-consumer-spending-or-ai-financing-yet#u136738Mon, 19 Oct 2026 17:50:08 +0000Major US banks including JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup reported strong third-quarter profits. While JPMorgan missed its earnings estimate and saw profits impacted by higher interest rates, Wells Fargo, Goldman, and Citigroup beat expectations. Financial results indicate that US consumers and business clients remain resilient despite higher borrowing costs, with spending and lending growing compared to last year. Businesses continue to invest heavily in artificial intelligence, though some analysts suggest bank executives may be overestimating the longevity of the AI