The manufacturing sector saw more economic activity in February, marking the second consecutive month of growth and only the third month of growth in the past 40 months, the Institute for Supply Management (ISM) said Tuesday (March 3). The ISM Manufacturing PMI was gauged at...
A top Federal Reserve official said he sees an increasing divide between low-income and high-income households. John C. Williams, president and CEO of the Federal Reserve Bank of New York, signaled a cautious but optimistic outlook for the United States economy Tuesday (March 3) in...
Bank of America Securities economists said the adoption of artificial intelligence (AI) is more likely to create new kinds of jobs than to simply eliminate jobs, Seeking Alpha reported Sunday (March 1). While the stock market was shaken by predictions that AI disruption could lead to...
A bill introduced in the Senate Thursday (Feb. 26) would strengthen the role of the Community Development Financial Institutions Fund (CDFI Fund) in improving capital access and economic development in underserved communities, its supporters say. The “Access to Fair Financing for Opportunity and Resilient Development...
The global tariff environment has shown CFOs and procurement leaders that operational assumptions can be proven wrong at the drop of a hat. And the Supreme Court’s Friday (Feb. 20) 6–3 decision limiting the use of the International Emergency Economic Powers Act (IEEPA) to impose...
A leading Federal Reserve official says that employment in the U.S. likely declined last year. Data from the Bureau of Labor Statistics (BLS) showing that job creation dropped to an average of 15,000 new positions a month last year contained an “upward bias,” Fed Governor Chris Waller said at a National...
Last year was not an especially good one for the private equity (PE) space. As Bloomberg News reported Monday (Feb. 23), PE firms returned fewer profits to their investors for the fourth consecutive year, with the industry sitting on $3.8 trillion in unsold assets, and struggling to...
Uncertainty is no longer a background condition for middle-market firms. It is now a measurable cost center. That was the central theme of “How Business Uncertainty Is Forcing a New CFO Playbook,” the latest installment of PYMNTS Intelligence’s The 2026 Certainty Project. Drawing on nine...
The Supreme Court could rule on President Donald Trump’s tariffs any day now. However, the outcome of that case might make little difference to the struggling furniture industry, CNBC reported Thursday (Feb. 19). Furniture importers are dealing with steep tariffs on their products, with duties specific...