Economy

Economy
Jamie Dimon Warns Markets Against Underestimating Interest Rates Hikes
July 10, 2025

JPMorgan’s CEO is worried Wall Street is underestimating the potential for higher interest rates. 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...

Economy
Wells Fargo Says Economy ‘Appears to Be Losing Some Steam’
July 10, 2025

Wells Fargo said Thursday (July 10) that it sees signs that the economy “appears to be losing some steam,” with job creation slowing and inflation expected to rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Jobless Claims Drop While Total Unemployment Rises
July 10, 2025

The number of Americans filing for unemployment last week dropped, even as the number who are unemployed rose to the highest level since November 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Bank of England Warns of Financial Risks Despite Tariff Pauses
July 09, 2025

The Bank of England said global financial markets are still in jeopardy despite easing tariff tensions. 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...

Economy
Merchants Blame Taxes as Small Business Optimism Dips
July 08, 2025

The most taxing problem facing America’s small businesses? Taxes. 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 completing this form,...

Economy
Employment Growth Exceeded Expectations in June, Led by State Government
July 03, 2025

Employment grew in June at about the same rate it’s been increasing over the past year, with gains in state government and health care and losses in federal government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Job Openings Rose in May, Led by Accommodation and Food Services
July 01, 2025

The number of job openings in the U.S. increased by 374,000 in May and reached 7.77 million on the last day of the month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Auto Industry ‘Party Is Over’ as Tariffs Dampen Car Sales
July 01, 2025

Consumers in the United States are reportedly pumping the brakes when it comes to car buying. 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...

Economy
Services Companies Shrug Off Tariffs
June 27, 2025

Consider the stress of middle-market companies like retailer Warby Parker, which sources a lot of its eyewear from China, one of America’s largest trading partners and a major focus of the United States’ global trade war. U.S. tariffs on nearly all foreign countries are making the...