Consumers in euro area countries perceive and expect significant reductions in inflation, the European Central Bank (ECB) said in a Friday (July 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
New government data showed working-class consumers in the United States seeing a bump in pay, The Wall Street Journal reported Thursday (July 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Initial jobless claims have fallen to their lowest level since 1969, the White House said in a Thursday (July 23) post on X, sharing a link to a Bloomberg article. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
For decades, the hourly labor market has organized worker pay around the wage itself. Employers compete by adding another dollar per hour, workers compare job postings by headline pay, and policymakers measure economic progress through changes in average earnings. Get the Full Story Complete the...
New Federal Reserve data show consumer credit applications reached a nearly-five-year high in June. 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...
Weakening consumer expectations for business conditions and a decline in building permits for private housing drove a 0.2% decline in The Conference Board’s Leading Economic Index (LEI) in June, the organization said in a Monday (July 20) press release. Get the Full Story Complete the...
Consumer sentiment improved by 10% in early July, marking the second consecutive month of 10% jumps, according to preliminary results for the month from the University of Michigan’s Surveys of Consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Prediction market Kalshi and public intelligence company AppliedXL have launched a pilot program that allows trading on clinical trial outcomes and Food and Drug Administration (FDA) regulatory decisions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The latest inflation report offers consumers something that has been absent for much of the past several years: a measurable decline in overall prices. Whether that translates into stronger spending, however, is a separate question. Get the Full Story Complete the form to unlock this...
