The government shutdown is putting at risk $3 billion a week that would have been earned by 65,500 small business contractors, the U.S. Chamber of Commerce said in an article posted Thursday (Oct. 30). Get the Full Story Complete the form to unlock this article...
The Congressional Budget Office said Wednesday (Oct. 29) that the government shutdown could reduce real gross domestic product by between $7 billion and $14 billion, depending on how long the shutdown lasts. Get the Full Story Complete the form to unlock this article and enjoy...
Prediction market Polymarket reportedly plans to launch trading in the United States by the end of November. 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...
Consumer confidence edged down in October as the outlook among Americans grew more cautious heading into the year’s final months. The latest Conference Board Consumer Confidence Index slipped by 1 point to 94.6, from 95.6 in September, marking its lowest level since spring. Beneath the...
The first inflation data since the start of the October government shutdown offered the clearest signal in weeks on how prices continue to shape household behavior. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The prediction-market moment is here. At its best, the embrace of events-based contracts could represent a new asset-class: event outcomes traded with derivatives-grade infrastructure transparency and liquidity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
PYMNTS Intelligence has been tracking the impact of tariffs on global trade and corporate strategy since they first became a flashpoint in international markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Bank of Canada says Canadian businesses are concerned tariffs will hinder their sales. 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...
The Federal Reserve’s latest Beige Book paints a familiar picture of an economy searching for direction, one defined less by momentum than by hesitation. In the 56-page report released Wednesday (Oct. 15), the word “uncertainty” appears 40 times, while “optimism” surfaces only 13, a linguistic...