Economy

Federal Reserve Bank of Chicago President Optimistic About Inflation Easing
Economy
Federal Reserve Bank of Chicago President Optimistic About Inflation Easing
July 14, 2023

The Federal Reserve Bank of Chicago President Austan Goolsbee expressed his optimism regarding the recent consumer-price data, which showed inflation easing. 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...

Fed’s Beige Book Sees Economic Headwinds and a Main Street Slowdown
Economy
Fed’s Beige Book Sees Economic Headwinds and a Main Street Slowdown
July 12, 2023

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Circle Cuts Jobs and Reduces Investment in Non-Core Activities
Economy
Circle Cuts Jobs and Reduces Investment in Non-Core Activities
July 12, 2023

Circle is making a “marginal” reduction in its workforce and decreasing or ending investments in “non-core activities.” 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...

Grocery Prices Flatline While Restaurant Inflation Continues to Climb
Economy
Grocery Prices Flatline While Restaurant Inflation Continues to Climb
July 12, 2023

As grocery inflation is finally leveling off, at least for the time being, restaurants continue to jack up menu prices, and these increases are sending consumers running to look for more budget-friendly food options. Get the Full Story Complete the form to unlock this article...

Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
Economy
Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
July 12, 2023

The torrid pace of inflation is torrid no longer. At least judging by the data for June. 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...

Carbone Fine Food CEO: Inflation Hurts Middle-Tier CPG Brands Most
Economy
Carbone Fine Food CEO: Inflation Hurts Middle-Tier CPG Brands Most
July 11, 2023

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Used Vehicles Projected to be 1.1% Cheaper by End of Year
Economy
Used Vehicles Projected to be 1.1% Cheaper by End of Year
July 10, 2023

The retail prices of used vehicles may soon be on the decline. 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...

June Jobs Gain Lowest Since December 2020
Economy
June Jobs Gain Lowest Since December 2020
July 07, 2023

The unemployment situation changed little in June as the United States added 209,000 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 daily newsletter, PYMNTS...

Auto Sales Climb 13% as Consumers Continue to Spend
Economy
Auto Sales Climb 13% as Consumers Continue to Spend
July 06, 2023

Interest rates and inflation are apparently no match for the consumer’s desire for a new car. 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...