There may be worker shortages, but there is no shortage of job gains. 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....
Trump’s tariffs on billions of dollars-worth of imported Chinese goods are starting to take its toll on the Chinese economy and could usher in a bigger stimulus for the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Driven by spending at restaurants and on accommodations, U.S. consumer spending increased in June, setting the stage for a strong economy heading into the third quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Economic growth? It all amounts to a hill of beans. 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 completing this...
Trade disputes and other features of rising global uncertainty aren’t enough to deter U.S. corporations from remaining optimistic, according to the New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A new survey from the National Association for Business Economists suggests economists are optimistic about U.S. wages and employment, though not yet because of tax reform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Market watchers have sent out a warning that the U.S. economy might be heading toward 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...
As the market grapples for momentum before companies report second-quarter earnings, rising wages may prove to be a headwind: Labor Department data indicates that the average hourly earnings rate rose 2.7 percent in June from the prior year. And, overall, wages have climbed a minimum...
The United States economy added more jobs than had been expected in June, with manufacturing gains notable in terms of verticals. Reuters reported Friday that gains in the employment rosters also show traction in inflation, which means that rate increases are still on the horizon....