Economy

Economy
US Business Sentiment Improves Despite Ongoing Tariff Pressures
May 22, 2025

American business activity and sentiment improved in May but remain muted amid ongoing tariff turmoil. 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
Jobless Claims Drop by 2,000, Showing Resiliency in Labor Market
May 22, 2025

The job market remains resilient amid economic uncertainty, analysts said Thursday (May 22) after government data showed a decline in initial claims for unemployment insurance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
eCommerce Growth Tops Overall Retail Sales Even as Consumers Prioritize Everyday Spend
May 21, 2025

Consumers are tightening their grips on their wallets — digital ones and the ones kept in pockets and purses — and yet eCommerce sales still are showing momentum, though the gains are slowing. Get the Full Story Complete the form to unlock this article and...

Economy
Citi CEO Jane Fraser: Tariffs May Create ‘More Multipolar System’
May 20, 2025

A more multipolar system of trade and capital could emerge from the current disruptions caused by tariffs, Citi CEO Jane Fraser wrote in a Friday (May 16) blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Dimon: Markets Showing ‘Extraordinary Amount of Complacency’ Amid Growing Risks
May 19, 2025

JPMorgan Chase CEO Jamie Dimon said Monday (May 19) that the markets have not accounted for the risks of inflation, stagflation, credit spreads, tariffs and other challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Consumers Brace for Economic Storm, Confidence Plunges to 3-Year Low
May 16, 2025

Consumer gloom is not quite at historic levels — but it’s awfully close. 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
CPI Shows Grocery Inflation Down but Shelter Is Up, Keeping Pressure on Household Budgets
May 13, 2025

The headline number from the Consumer Price Index released Tuesday (May 13) by the Bureau of Labor Statistics indicated that inflation grew at its slowest pace in more than four years. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
New Data Shows Inflation Worries Grip US Consumers in Echo of the Pandemic
May 13, 2025

Economically, it’s starting to feel like the height of the pandemic. 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...

Economy
SoftBank’s Stargate AI Investment Could Be Grounded by Tariff Worries
May 12, 2025

SoftBank’s lofty artificial intelligence ambitions are reportedly colliding with the harsh reality of tariffs. 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...