Economy

Inflation’s Still With Us as Food and Shelter Were Pricier in January 
Economy
Inflation’s Still With Us as Food and Shelter Were Pricier in January 
February 13, 2024

The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fed Finds Consumers Optimistic About Credit but Not Inflation
Economy
Fed Finds Consumers Optimistic About Credit but Not Inflation
February 12, 2024

U.S. consumers are feeling more optimistic about their financial conditions and access to credit. 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...

Fed’s Data Hints at Slowing Embrace of Revolving Debt
Economy
Fed’s Data Hints at Slowing Embrace of Revolving Debt
February 09, 2024

Is there a literal slowdown in the cards? 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 completing this form, you...

Why Improved Consumer Sentiment May Not Translate Into Increased Spending
Economy
Why Improved Consumer Sentiment May Not Translate Into Increased Spending
February 05, 2024

The more sanguine consumers feel about the state of the world — particularly about the state of inflation — the more apt they are to spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Consumer Sentiment Improves 13% to Reach Highest Level Since July 2021
Economy
Consumer Sentiment Improves 13% to Reach Highest Level Since July 2021
February 02, 2024

Consumer sentiment has reached its highest level since July 2021, with consumers expecting improvements in both inflation and personal incomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Zoom Cuts 2% of Workforce, Continues Hiring for Some Roles
Economy
Zoom Cuts 2% of Workforce, Continues Hiring for Some Roles
February 01, 2024

Zoom Video Communications cut about 150 jobs, or less than 2% of its workforce, this week. 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...

Construction Spending Rises 13.9% YoY in December
Economy
Construction Spending Rises 13.9% YoY in December
February 01, 2024

Construction spending increased in December, with both the private and public sectors making gains. 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...

Financial Sector Job Cuts in January Highest Since September 2018
Economy
Financial Sector Job Cuts in January Highest Since September 2018
February 01, 2024

Financial companies cut more jobs in January than in any month since September 2018. 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...

Private Sector Hiring and Pay Increases Slow in January
Economy
Private Sector Hiring and Pay Increases Slow in January
January 31, 2024

Hiring and pay increases in the private sector slowed in January. 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 completing...