Economy

US Household Net Worth Picks Up After Two Quarters of Decline
Economy
US Household Net Worth Picks Up After Two Quarters of Decline
March 09, 2023

Household net worth in the United States has grown after declining for two quarters. 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...

Consumer Spending on Experiences Rose by Double Digits in February
Economy
Consumer Spending on Experiences Rose by Double Digits in February
March 09, 2023

Consumer spending on experiences rose by double digits in February. 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...

Report: US Job Cuts Reach 14-Year High
Economy
Report: US Job Cuts Reach 14-Year High
March 09, 2023

Job cuts by U.S. businesses spiked in February, hitting their highest level since 2009. 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...

Hospitality and Finance Sectors Lead February Job Growth
Economy
Hospitality and Finance Sectors Lead February Job Growth
March 08, 2023

Private employers added 242,000 jobs in February, led by the hospitality and finance sectors. 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...

JPMorgan CEO: China and Ukraine War Are Economy’s Biggest Threats
Economy
JPMorgan CEO: China and Ukraine War Are Economy’s Biggest Threats
March 06, 2023

When it comes to the biggest economic threats, Jamie Dimon is looking beyond U.S. borders. 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,...

Hospitality Sector Becomes America’s Fastest-Growing Employer
Economy
Hospitality Sector Becomes America’s Fastest-Growing Employer
March 05, 2023

At the outset of the COVID pandemic, America’s hospitality sector undertook a swath of layoffs. 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,...

High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
Economy
High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
March 03, 2023

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, you agree to receive marketing communications from PYMNTS and...

Food and Energy Inflation Data Hint at Disposable Income Pressure
Economy
Food and Energy Inflation Data Hint at Disposable Income Pressure
February 24, 2023

Inflation is making paying for basics of everyday life — food especially — harder to swallow. 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...

CFPB Says Collections Data Shows Strapped Consumers Grappling with Utility Bills
Economy
CFPB Says Collections Data Shows Strapped Consumers Grappling with Utility Bills
February 22, 2023

Keeping the lights and the cell phones on are proving a challenge for cash-strapped consumers. 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,...