Every financial crisis has a villain that nobody saw coming. In 2008, it was mortgage-backed securities. In March 2020, it was prime money market funds, which saw investors pull billions in days as panic spread through the system. Now, researchers at the Federal Reserve Bank...
Consumers enjoyed a break from price increases during the holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
The latest inflation data released Friday (Feb 13) point to a continued easing of price pressures, particularly in categories that define household necessity rather than discretionary spending, offering consumers incremental but tangible relief. Get the Full Story Complete the form to unlock this article and...
The consumer in the United States is no longer one market. It’s two. And corporate earnings calls are increasingly where the split shows up first. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Foreign exporters paid a growing share of the cost of new tariffs in 2025, though U.S. importers continued to pay for most of that cost, the Federal Reserve Bank of New York said Thursday (Feb. 12). Get the Full Story Complete the form to unlock this...
The Bureau of Labor Statistics’ January employment report, released Wednesday (Feb. 11), delivered the kind of headline that suggests calm. Payrolls rose by 130,000 and the unemployment rate held at 4.3%. On its face, that’s a labor market that’s still adding jobs, but no longer...
Flat retail sales at year end ran counter to the growth momentum many analysts expected upon the release of the latest report on Tuesday (Feb. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Households’ perceptions of inflation and the labor market improved slightly in January, the Federal Reserve Bank of New York said Monday (Feb. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Businesses and workers have different views of the economy, Federal Reserve Bank of San Francisco President and CEO Mary C. Daly said in a Friday (Feb. 6) post on LinkedIn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
