Economy

Economy
The Weekender: Turkey, Tech and the Price Tag of Gratitude
November 08, 2025

Suppose Thanksgiving is America’s annual CFO meeting, one part nostalgia, two parts spreadsheet. 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
Wages Lag, Wallets Tighten as Consumer Sentiment Slips Again
November 07, 2025

As the government shutdown loomed, PYMNTS Intelligence last month found consumers’ optimism about their financial stability weakened as income growth trailed rising expenses. Four in 10 consumers said their paychecks are not keeping up with higher prices, and more than half reported that inflation continued...

Economy
AI and Cost-Cutting Lead to 175% Yearly Jump in Layoffs
November 06, 2025

Artificial intelligence (AI) and cost-reduction caused American employers to cut 153,074 jobs last month. 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...

Economy
Private Sector Added 42,000 Jobs in October, Reversing September’s Losses
November 05, 2025

The private sector added 42,000 jobs in October, with the trade, transportation and utilities industry leading the way, ADP said Wednesday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Travel Industry Urges Congress to End Government Shutdown Before Thanksgiving Week
November 03, 2025

More than 500 travel organizations and companies signed a letter calling on Congressional leaders of both parties to pass a clean continuing resolution to reopen the federal government in time for services to be restored before Thanksgiving. Get the Full Story Complete the form to...

Economy
Goldman Forecasts Mid-November End to Government Shutdown
November 03, 2025

An end to the government shutdown could be in sight, according to Goldman Sachs. 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...

Economy
Earnings Reports Show a Split Economy as Lower-Income Wallets Tighten
November 03, 2025

On the surface, consumer spending has proved durable as headline retail sales and credit data remain solid. Yet beneath those numbers, a different current is building, one showing that lower-income consumers are shifting where they’re spending their wages. Get the Full Story Complete the form...

Economy
US Chamber Says Government Shutdown Costs Contractors $3 Billion a Week
October 30, 2025

The government shutdown is putting at risk $3 billion a week that would have been earned by 65,500 small business contractors, the U.S. Chamber of Commerce said in an article posted Thursday (Oct. 30). Get the Full Story Complete the form to unlock this article...

Economy
CBO Says Government Shutdown Has Reduced Real GDP by $7 Billion
October 29, 2025

The Congressional Budget Office said Wednesday (Oct. 29) that the government shutdown could reduce real gross domestic product by between $7 billion and $14 billion, depending on how long the shutdown lasts. Get the Full Story Complete the form to unlock this article and enjoy...