Economy

Economy
Tariffs Spur Stockouts for 22% of Grocery Shoppers
August 20, 2025

Tariffs are visibly squeezing the budgets of the most financially vulnerable consumers in the United States. 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...

Economy
EU Exports to US Dropped 10% in June Amid Tariffs
August 18, 2025

Exports from the European Union’s 27 member states to the United States reportedly dropped 10% year over year in June due to new U.S. tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Retail Sales Get a Summer Boost on Promotions, but Dining Out Dips
August 15, 2025

The July retail sales report showed solid spending overall, but a deeper dive into category-by-category spending reveals a bit of give and take.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Markets
Prediction Markets Eye US Growth While Watching Out for Crypto Whales
August 14, 2025

The long-predicted U.S. boom in prediction markets may finally be arriving. Provided, of course, that the industry can navigate two treacherous shoals: U.S. financial regulation and the emerging problem of “crypto whales” that can sway outcomes. Get the Full Story Complete the form to unlock...

Economy
Debt Surges Past $37 Trillion as Interest Costs Eclipse Defense Spending
August 13, 2025

The U.S. debt clock didn’t just notch another record Tuesday (Aug. 12), it smashed it. The deficit blew past $37 trillion, effectively creating a shadow benchmark that could soon rival the Federal Reserve’s policy rate in steering borrowing costs across the economy. Get the Full...

Economy
Trump Disputes Goldman Sachs Predictions on Tariff Effects
August 12, 2025

President Donald Trump said Tuesday (Aug. 12) that Goldman Sachs and CEO David Solomon should replace the bank’s chief economist and disputed the bank’s predictions about the effects of U.S. tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
European Auto Exporters Say Tariffs Stalling Business
August 12, 2025

European car exporters are wrestling with uncertainty surrounding American tariffs despite a recent trade deal. 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
Inflation Holds Steady, But Everyday Costs Keep Climbing
August 12, 2025

Inflation’s steady, but the puts and takes of the July reading from the Bureau of Labor Statistics shows there’s no real respite for households navigating a paycheck-to-paycheck existence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Wage Growth Stalls for Low-Income Workers After Years-Long Boom
August 12, 2025

After years of rapid wage growth for low-income workers in the United States, a slowdown has set in, The Wall Street Journal reported Monday (Aug. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...