Economy

Economy
Consumer Confidence Marks Big Gain Despite Inflation Concerns
October 29, 2024

One week ahead of the election, we’re living in what might charitably be called uncertain times. 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
Job Openings Drop to Lowest Level Since Early 2021
October 29, 2024

The number of job openings in the United States declined to 7.4 million in September, down from 7.9 million in August and 9.3 million in September 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Consumer Sentiment Gets a Bump on Easing Interest Rates
October 25, 2024

Consumers are feeling a bit more positive, notably about “buying conditions,” as shown in the latest release from the University of Michigan’s Survey of Consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
CEO Confidence Slips Amid Geopolitical Instability and Regulatory Uncertainty
October 24, 2024

Growing concerns about geopolitical instability and legal and regulatory uncertainty accompanied a slight decline in CEO confidence in the fourth quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
October 24, 2024

The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative take on the state of the U.S. economy, spanning 12 districts nationwide. Get the Full Story Complete the form to...

Economy
Insured Unemployment Reaches Highest Level in 3 Years
October 24, 2024

The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said in a Thursday (Oct. 24) press release. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Fannie Mae Upgrades Outlook on US Economy
October 17, 2024

America’s economy is in a better place than previously thought, new Fannie Mae research shows. 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
Back-to-School Shopping Drives Consumer Spending Surge in September
October 17, 2024

September’s retail sales data showed a (slight) acceleration of spending from August, though we’re well off past peaks. 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...

Economy
Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
October 11, 2024

Lower inflation and interest rates may give some relief to consumers who need it most, Wells Fargo CEO Charlie Scharf said Friday (Oct. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...