The paycheck-to-paycheck economy is bifurcating as inflation rages and consumers fret over an uncertain future, with one group of customers who cannot spend, and another group who won’t spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The household economics of 2022 continues to confound, as consumers who are fearful of recession and whose wages are also not keeping pace with inflation have been shown to be equally concerned about finding a new, better-paying job. Get the Full Story Complete the form...
With inflation rising, more Americans — including a number of white-collar workers — are seeking second jobs. 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...
Ride-hailing company Lyft is making another cut to its employees by laying off nearly 700 members of its staff, effective Thursday (Nov. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Intuit has reportedly paused hiring at its Credit Karma unit, with all new hiring to be paused but with no pay cuts and with employees who leave continuing to be replaced. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The struggle against price inflation has been felt worldwide, but in Ghana, the problem has been made worse by an ongoing devaluation of the local currency. In fact, the cedi currency has plummeted more than 40% against the dollar this year, while consumer inflation hit...
Car buyers could begin to feel less pain when paying for a new vehicle following a years-long spike in the price of new automobiles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Rising interest rates and energy costs have forced consumers in Europe to start reducing their discretionary spending. 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...
After dipping in the first and second quarters, real gross domestic product (GDP) rose at an annual rate of 2.6% in the third quarter, according to an “advance” estimate released by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA). Get the Full Story...
