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...
Consumer confidence edged down in October as the outlook among Americans grew more cautious heading into the year’s final months. The latest Conference Board Consumer Confidence Index slipped by 1 point to 94.6, from 95.6 in September, marking its lowest level since spring. Beneath the...
The first inflation data since the start of the October government shutdown offered the clearest signal in weeks on how prices continue to shape household behavior. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
PYMNTS Intelligence has been tracking the impact of tariffs on global trade and corporate strategy since they first became a flashpoint in international markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Bank of Canada says Canadian businesses are concerned tariffs will hinder their sales. 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 Federal Reserve’s latest Beige Book paints a familiar picture of an economy searching for direction, one defined less by momentum than by hesitation. In the 56-page report released Wednesday (Oct. 15), the word “uncertainty” appears 40 times, while “optimism” surfaces only 13, a linguistic...
Inflation is pressuring American grocery shoppers, leading many to cut back and trade down. 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...
Small business owners’ optimism declined by 2 points in September but remained above the 52-year average, the National Federation of Independent Business said Tuesday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Philadelphia Fed President and CEO Anna Paulson said Monday (Oct. 13) that tariff-induced price increases have been “somewhat smaller than anticipated” and that the increases that have been seen are unlikely to leave “a lasting imprint on inflation.” Get the Full Story Complete the form...
