Economy

Economy
Unemployment Numbers Drop Sharply Following Fraudulent Claims
May 18, 2023

Unemployment claims plummeted following the revelation that fraudulent claims had driven up recent figures. 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
Report: Remote Work Persists as Unemployment Stays Low
May 16, 2023

Don’t write any obituaries for the age of remote work just yet. 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...

Economy
Retail Sales Rose Slightly in April After 2 Months’ Decline
May 16, 2023

U.S. retail sales climbed slightly in April following two months of 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...

Economy
7 Companies Declare Bankruptcy Over Weekend in 15-Year Record
May 15, 2023

At least seven companies declared bankruptcy in the last 48 hours, a reported 15-year record. 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,...

Economy
Business Expenses Set to Climb as Business Lunches Are Back
May 14, 2023

The business lunch is reportedly back in major cities following a pandemic-driven hiatus. 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
Consumer Sentiment Sours as Inflation Looks Set for the Long Haul
May 12, 2023

The University of Michigan’s consumer sentiment survey has notched its lowest level since the end of last year. 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,...

Economy
Microsoft Reportedly Cutting Back on Raises, Bonuses and Stock Awards
May 10, 2023

Microsoft is reportedly cutting back on raises, bonuses and stock awards due to the state of the economy. 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
Inflation Cools as Consumers Continue Cutbacks
May 10, 2023

Inflation continued slowing last month, good news for consumers as many of them curtailed 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 daily newsletter,...

Economy
LinkedIn Cuts Staff and Shutters China-Focused Job Site
May 09, 2023

LinkedIn will shut down its Chinese jobs app and cut 716 positions amid slowing growth. 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,...