Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. 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...
Business leaders in the United States are reportedly growing more optimistic about the likely trend of inflation. 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...
The latest reading on consumers’ expectations about inflation — where it’s headed one year from now, three years from now, five years from now — has some good news, and some less good news. Get the Full Story Complete the form to unlock this article...
Despite some progress, Federal Reserve Governor Michelle Bowman says inflation remains “uncomfortably above” 2%. 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...
Low-income consumers may be pulling back, and high-income consumers may wind up spending their excess funds by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Resy, a restaurant reservation platform owned by American Express, reportedly sees no evidence of a weakening of consumer sentiment among its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Several U.S. bank stocks reportedly slipped Monday (Aug. 5) as investors left the sector amid rising fears of a potential recession. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
On a day when a stock market rout promised to become a full-fledged bloodbath, and as recession fears mounted, the latest spate of economic data on employment is proving to be grist for a gloomy mill. Get the Full Story Complete the form to unlock...
The headline employment numbers from the Bureau of Labor Statistics Friday (Aug. 2) showed that firms added 114,000 jobs in July, and the unemployment rate hit 4.3% — a level not seen since the depths of the pandemic — up 0.2% from June. Get the...
