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In this article BAC Follow your favorite stocks CREATE FREE ACCOUNT Pedestrians pass in front of a Bank of America branch in New York. Mark Kauzlarich | Bloomberg | Getty Images Consumers are financially resilient, despite high inflation and concerns the U.S. is nearing a recession, according to Bank of America CEO Brian Moynihan. "Analysts might wonder whether the talk of inflation, recession and other factors could [result] in a slower spending growth," Moynihan said Monday during a conference call to discuss third-quarter results that topped analysts' expectations. "We just don't see here at Bank of America." The bank's customers continue to spend freely, using their credit cards and other payment methods for 10% more transaction volumes in September and the first half of October than a year earlier, Moynihan said. While price inflation accounts for some of that, the number of transactions also rose 6%, he said. Customers' account balances r...

watch now VIDEO 0:18 00:18 Celsius wants to issue 'I-O-U' crypto to customers who signed up for specific accounts TechCheck Since bankrupt crypto lender Celsius froze withdrawals in June, customers&#x27 ; funds have been in limbo. Now, leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company wants to issue an "IOU" cryptocurrency  to customers that signed up for some of its accounts.  The recording was provided by Tiffany Fong, who says she is one of the 500,000 Celsius customers with funds locked in the platform. Fong says she received the audio from a self-identified employee, who stayed anonymous during their communications. CNBC was not able to verify that the leaked audio is the entire exchange from an internal meeting on Sept. 1. However, CNBC spoke with former employees who verified that the recording is authentic. In the audio, Chief Technology Officer Guillermo Bodnar says the plan is in "early stages." What...