For years, $400 has served as shorthand for the precarious state of the U.S. consumer’s financial health — namely, whether they could afford to meet an unanticipated emergency expense. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The annual inflation rate in the U.S. eased for the second consecutive month in August, to 8.3%, the lowest reading in six months but missing economists’ forecasts of 8.1%, according to the report from the U.S. Bureau of Labor Statistics on Tuesday (Sept. 13). The decline...
As food prices continue to rise, restaurants known for their value offerings have the opportunity to gain share of stomach from their pricier competitors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The death of brick and mortar has been greatly exaggerated. To get a sense of where the growth may lie — at least in retail — one need only look toward a few sub-segments. Get the Full Story Complete the form to unlock this article...
After doubling its amount of warehouse space during the first two years of the pandemic, Amazon reportedly seems to be dialing back and rethinking some projects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As parents head back to the labor market post-pandemic full-time or hybrid, childcare costs in August have soared to levels not seen before COVID gripped the U.S. in March 2020, causing a spike in overall consumer spending that was also buoyed by rising utility costs....
Call it the paycheck-to-paycheck economy, in a way – for the Main Street small business. 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,...
Car shoppers have been opting for new vehicles over used ones, according to recent studies, with August sales for pre-owned cars estimated to reach 1.2 million units, a 9% increase year over year. Get the Full Story Complete the form to unlock this article and...
On Monday (Sept. 5), California’s Governor Gavin Newsom signed into law Bill AB-257, which will set higher wage requirements for fast food workers as well as enact standards related to “health, safety, and welfare.” Fast food restaurants have been pushing back against this bill since...
