Economy

Economy
Jobless Claims Rise by 4,000, Indicating ‘Broadly Healthy’ Labor Market
April 10, 2025

The number of Americans filing initial claims for unemployment insurance rose by 4,000 during the week ended Saturday (April 5), the Department of Labor said in a Thursday (April 10) press release. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
March’s CPI Drop Offers Short-Lived Comfort for Shoppers
April 10, 2025

The March Consumer Price Index may wind up being a snapshot for wistful consumers — a look back at what was, before tariffs took root and roiled global trade, and inflation re-ignited. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Trump’s Tariff Freeze: What Could Have Happened if They Stayed in Place?
April 10, 2025

Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview with QED Investors partner Amias Gerety just two days ago: “Because this is a self-inflicted economic wound, we get an...

Economy
Goldman Sachs Withdraws Recession Prediction After Trump Pauses Tariffs
April 09, 2025

Goldman Sachs Group economists reportedly issued a note predicting a recession due to new U.S. tariffs and then retracted that forecast a little over an hour later after President Donald Trump paused the reciprocal tariffs. Get the Full Story Complete the form to unlock this...

Economy
European Union Votes to Impose Tariffs on US Goods
April 09, 2025

The European Commission said Wednesday (April 9) that the European Union will start collecting tariffs on U.S. goods, starting Tuesday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Jamie Dimon: Recession a ‘Likely Outcome’ of US Tariffs
April 09, 2025

The CEO of America’s biggest bank says the country’s tariffs will likely trigger a recession. 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,...

Economy
Tariffs Pave Rocky Road for Canadian Car Industry
April 09, 2025

Thousands of Canadian autoworkers have been furloughed amid new tariffs in the country. 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....

Economy
Bank Bosses Reportedly Out of the Loop on Trump’s Tariffs
April 09, 2025

The heads of America’s biggest banks are reportedly disconnected from the White House’s tariff efforts. 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,...

Economy
Business Leaders Voice Concerns About Tariffs
April 08, 2025

Some business leaders are reportedly voicing concerns about tariffs after seeing the impact the policy has had on the stock market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...