Consumers are getting some inflation relief, at least in terms of the slowdown in price increases. They’re just not necessarily getting it on the bills that determine how much money is left at the end of the month. As the Bureau of Labor Statistics reported...
Odysseus had no Visa, no Venmo and no helpful fraud alert from Ithaca National Bank warning that a palace full of unfamiliar men was charging dinner to his household. Yet his financial life was a mess: years away from home, a fleet written off, a...
The economy is beginning to inspire confidence again, but Americans are not convinced that confidence will arrive in their own wallets anytime soon. That disconnect sits at the center of a PYMNTS Intelligence report, “The Confidence Divide: Why Americans Trust the Economy More Than Their...
CEOs are generally feeling more optimistic, but clouds remain on the horizon. The Q3 2026 installment of the Conference Board’s CEO Confidence™ report, released Thursday (Aug. 6), shows an improvement in sentiment. The CEO Confidence Index rose to 52 in the third quarter of 2026...
The Federal Reserve Bank of Dallas and the Federal Reserve Bank of New York plan to launch a pilot survey of the U.S. private credit market. The organizations expect to launch the survey after the end of the third quarter and publish aggregate level findings...
Artificial intelligence (AI)-related developments could be driving around one-third of America’s economic growth. That’s according to a report Tuesday (Aug. 4) from the Wall Street Journal (WSJ), which pointed to three factors behind this trend. First, there are the tech companies spending and borrowing billions...
New York State is upping the ante in the battle over regulation of prediction markets. Attorney General Letitia James on Friday (July 31) filed a lawsuit against Kalshi in New York Supreme Court in Manhattan, claiming the platform is operating an illegal gambling business. James petitioned the...
Novig and the New York Mets have signed an agreement that they said is the first partnership between a Major League Baseball franchise and a prediction market. The agreement makes Novig the exclusive official prediction market partner of the New York Mets, the companies said in a Thursday (July 30) press release. Novig is...
Real gross domestic product (GDP) growth slowed in the second quarter, according to an advance estimatereleased Thursday (July 30) by the Commerce Department’s Bureau of Economic Analysis. Real GDP increased at an annual rate of 1.5% in the second quarter, down from an increase of...