Businesses and workers have different views of the economy, Federal Reserve Bank of San Francisco President and CEO Mary C. Daly said in a Friday (Feb. 6) post on LinkedIn. Businesses are “cautiously optimistic,” with good growth, solid consumer spending easy hiring and rising productivity,...
The latest consumer confidence data points to a public that is cautiously recalibrating expectations for 2026, encouraged by cooling inflation yet unsettled by a volatile labor market. Provisional February figures from the University of Michigan, released Friday (Feb. 6), show consumer sentiment edging up 1.6% from...
Wage growth for middle-income households showed some weakness in January, while that of lower- and higher-income households remained steady, the Bank of America Institute said Thursday (Feb. 5). Middle-income households’ after-tax wage growth dropped to 0.4 percentage points below its second-half 2025 average during a...
January was a “lackluster month for hiring,” as the private sector added 22,000 jobs, ADP said in a Wednesday (Feb. 4) press release announcing its January ADP National Employment Report. This figure was down from the 37,000 jobs added during the previous month, according to...
For sports betting platforms, the Super Bowl is, well, their Super Bowl. When the Patriots and Seahawks take the field this Sunday (Feb. 8), they’ll be doing so with around $1.76 billion in wagers tied to their performances via U.S. sportsbooks, a nearly 27% increase...
Jobless claims in the United States ticked down slightly last week amid growing uncertainty among workers. For the week ending Jan. 24, initial unemployment claims fell to 209,000, down 1,000 from the previous week, the Labor Department’s Bureau of Labor Statistics said in a Thursday...
Robinhood CEO Vlad Tenev is advocating for the adoption of tokenized stocks as a way to modernize the U.S. equity market and help prevent another market disruption like the 2021 GameStop buying freeze, saying blockchain-based securities could provide greater trading continuity and resilience. In a...
For mid-sized companies, the U.S. business landscape in early 2026 feels less like a single weather system and more like two different climates coexisting side by side. Sit down for coffee with the CEO of a medium-sized pet supplies importer, and the conversation likely turns...
The job market’s surface calm is masking deeper instability, and for millions of hourly workers, that uncertainty is already reshaping how, and how much, they spend. According to the November edition of PYMNTS Intelligence’s Wage to Wallet Index, a collaboration with Ingo Payments and WorkWhile,...