Economy

Economy
Report: Global Wealth Fell for 1st Time Since 2008 Crisis
August 16, 2023

The world had fewer millionaires at the end of 2022 than at the beginning. 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...

Economy
Monos CEO: Inflation Shifts D2C Shoppers’ Spending Toward Sale Seasons
August 15, 2023

In the face of ongoing macroeconomic pressures, many consumers are holding off on making major eCommerce purchases until holiday sales events, according to Monos CEO Victor Tam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023

Retail sales keep on chugging along. 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 agree to...

Economy
Fed: Consumer Sentiment Up as Inflation Expectations Decrease
August 14, 2023

Consumer sentiment is improving overall, with decreased expectations 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 daily newsletter, PYMNTS Today. By completing this...

Economy
82% of Consumers Worry About Prices Despite Inflation Relief
August 14, 2023

The price of essentials may be rising at a slower pace than last year, but consumers remain cautious. 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...

Economy
LendingClub: Paycheck-to-Paycheck Lifestyle Is Cash-Strapped Americans’ New Norm
August 11, 2023

Increasing costs on everyday items such as groceries, utilities and insurance continue to strain household budgets across the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
Overall Inflation May Be Steady, but Food Prices Tick Up Again
August 10, 2023

July’s consumer-price index (CPI) showed inflation rising, overall, at a relatively steady pace. 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....

Economy
Global Trade Faces Slowdown as Economic Growth Weakens
August 09, 2023

The world is facing a major slowdown in global trade as economic growth weakens. 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...

Economy
Couples Say ‘I Do’ to Rentals to Cut Wedding Costs
August 05, 2023

Despite economic uncertainty and inflation, weddings must still go on, and brides and grooms still need to find a way to pay for all those wedding essentials even while their finances remain tight. Get the Full Story Complete the form to unlock this article and...