The high cost of essentials like food, rent and mortgages are weighing on many American consumers, Treasury Secretary Janet Yellen said Thursday (May 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Initial unemployment claims continued their decline last week, the largest consecutive drop since September. 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...
The number of initial claims for unemployment insurance dropped by 10,000 during the week ended Saturday (May 11), reversing about half of the increase that was seen a week earlier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
American medical care costs have gone up, and that’s reportedly helped inflation remain high. 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...
April’s Consumer Price Index (CPI) data shows that inflation’s torrid pace is cooling, at least a bit. 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...
It remains to be seen if April will be the pause that refreshes or if consumers will pinch their wallets shut for a longer period, ushering in summer doldrums for merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bank of America’s CEO says consumer spending is still healthy despite steep interest rates. 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....
This week, the latest spate of data from the government on spending trends will be released. 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...
U.S. corporate bankruptcies reached their highest level in a year in April. 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...