Economy

Economy
Workers Facing ‘Lunchflation’ As They Return to Their Offices
March 23, 2022

Square on Wednesday (March 23) released data that shows workers who are returning to their offices after two years at home because of the COVID-19 pandemic will be faced with what’s being called “lunch-flation,” as their midday meals will cost more than when they last...

Economy
Visa CEO Predicts Long Ukraine War at Bloomberg Summit
March 22, 2022

Numerous issues are being hashed out at the Bloomberg Equality Summit to look into how the economy is developing, including the potential that the war in Ukraine may last for quite some time, Bloomberg reported Tuesday (March 22). Get the Full Story Complete the form...

Economy
Will Consumers’ Response to Inflation Be as Accurate as Their Outlook on COVID?
March 19, 2022

Back in March of 2020, it was all about “the new normal,” and then trying to get to “the next normal.”   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
Main Street Businesses Optimistic About 2022 … for Now
March 18, 2022

When we surveyed businesses two years ago about their financial health, a considerable number of them said they didn’t expect to survive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Savings Won’t Be Enough to Prop up Retail Spend in Paycheck-to-Paycheck Economy
March 17, 2022

The urge to splurge is receding. 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
Inflation Inflicts Damage as Even High Earners Find it Tough to Make Ends Meet
March 17, 2022

Buckle up for a wild show as COVID exits stage left while a new villain — inflation — swoops in from all sides, weakening the purchasing power of even the best-paid American workers. Get the Full Story Complete the form to unlock this article and...

Economy
Inflation, Interest Rates Straining Consumers’ Brand Loyalty
March 16, 2022

Today is the day the Fed is expected to raise interest rates for the first time since 2018 amid a 40-year inflation spike — a combination sure to test loyalties to brands and merchants. Get the Full Story Complete the form to unlock this article and...

Economy
Yellen: Russia’s Attack Could Keep Inflation High for Another Year
March 11, 2022

Russia’s attack on Ukraine has upended the likelihood that high inflation will be leveling off any time soon.  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
Visa Says Consumer Spending Improved in February
March 10, 2022

Visa has announced that consumer spending got healthier in February, hitting 109.3 in February, up from January’s 102.4, according to a Thursday (March 10) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...