President Donald Trump’s idea to place tariffs on movies produced overseas has reportedly shaken studios. 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,...
Warren E. Buffett’s recent announcement that he will retire as chief executive of Berkshire Hathaway at year-end ended one of the longest, most closely watched tenures in corporate America. The 94-year-old investor’s decision, disclosed May 3, set off a flood of tributes, along with fresh...
A new report from Fiserv shows a resilient, though far more cautious, American consumer. 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...
The efforts of third-party sellers on platforms like Amazon to stock up on goods to avoid the cost of tariffs will reportedly work for only a limited time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The latest jobs data indicate that employers added more positions in April than had been expected, and the news may, incrementally, make consumers feel a bit better about their employment prospects. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The number of initial claims for unemployment insurance in the United States rose by 18,000 during the week ended Saturday (April 26), the Department of Labor said in a Thursday (May 1) press release. The number reached 241,000, up from the previous week’s revised level...
Microsoft raised the recommended retailer pricing for its Xbox consoles and controllers worldwide, effective Thursday (May 1), and said it expects to raise the price of its new, first-party games starting during the holiday season. Get the Full Story Complete the form to unlock this...
Group of 30, an independent global consultative group, said Wednesday (April 30) that the Federal Reserve should focus on its 2% inflation target, prioritizing that over its unemployment objective. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Consumer spending, the chief engine of economic growth, was not enough to stop an overall pullback in U.S. gross domestic product (GDP). And with evidence of a slowing gains in disposable income, consumers’ appetite to keep spending look set to be tested. Get the Full...
