Even in the face of the fast inflation in three decades, American consumers don’t seem to be afraid to spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The U.S. Commerce Department on Wednesday (Nov. 24) released a report showing a surprise drop in new orders for durable goods manufactured in the country in October, with the decline in new orders for transportation equipment seen as the primary culprit. Get the Full Story...
Consumer sentiment dipped to its lowest point in decades amid rising inflation and a decline in living standards, according to a Wednesday (Nov. 24) report from MarketWatch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
U.S. jobless claims fell to their lowest level in 52 years, dropping to 199,000 for the week ending Nov. 20, the Labor Department announced Wednesday (Nov. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Europe’s shaky economic recovery could be derailed by a rise in new COVID-19 cases, which has led governments to place restrictions that could turn shoppers and tourists away. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Protests are erupting across Europe as renewed COVID-19 restrictions and lockdowns are implemented amid escalating cases of the virus. Austria, in its fourth national lockdown, has become the first European country to introduce compulsory vaccinations, according to multiple media reports. Get the Full Story Complete...
On Wall Street, market capitalizations might be viewed as a proxy for how investors view a given company’s prospects, its position in its chosen vertical(s). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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Shares of the online payment processing platform Paysafe plunged to a record low Thursday (Nov. 11) after disappointing third quarter revenues were reported, due in part to challenges in the digital wallet business, and lowered its profit forecasts for the year. Get the Full Story...