Economy

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...

Markets
China’s Stock Snapback Comes as Big Tech Regulatory Fears Recede, for Now
March 17, 2022

In the stock market — pick your market, any market — a few days of heady gains do not necessarily a trend make. After all, nothing travels in a straight line. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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
China COVID-19 Lockdowns Likely to Delay Amazon, Walmart Online Orders
March 15, 2022

Amazon and Walmart customers are likely to face delays due to COVID restrictions in some of China’s major manufacturing hubs, according to an industry trade group, Bloomberg reported Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
China’s Lockdowns to Have a Negative Ripple Effect on Last Mile
March 15, 2022

We’ve been here before, circa March 2020, where lockdowns in one part of the world wind up having negative ripple effects in the rest of the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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...