Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Americans are heading into the holiday shopping season spending more on essentials like food and gas, as well as big-ticket items like cars and discretionary stalwarts such as restaurant meals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The idea of households having a sole breadwinner seems almost quaint in 2022 given changes to workplace composition and the massive spike in costs over the past five decades. But new research found that this outlier condition is more widespread than many people think, leaving...
The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker consumer demand saw the key benchmark post its fourth consecutive decline. Get the Full Story Complete the form to unlock...
The paycheck-to-paycheck economy is bifurcating as inflation rages and consumers fret over an uncertain future, with one group of customers who cannot spend, and another group who won’t spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The household economics of 2022 continues to confound, as consumers who are fearful of recession and whose wages are also not keeping pace with inflation have been shown to be equally concerned about finding a new, better-paying job. Get the Full Story Complete the form...
With inflation rising, more Americans — including a number of white-collar workers — are seeking second jobs. 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...
Ride-hailing company Lyft is making another cut to its employees by laying off nearly 700 members of its staff, effective Thursday (Nov. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Intuit has reportedly paused hiring at its Credit Karma unit, with all new hiring to be paused but with no pay cuts and with employees who leave continuing to be replaced. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
