Economy

Economy
US Retail Sales Rebound as Consumers Navigate a ‘Wait-And-See’ Economy
July 17, 2025

Retail spending in the United States showed signs of resilience in June, with sales rising 0.6% from May and climbing 3.9% versus the same month a year ago, according to data released Thursday (July 17) by the U.S. Census Bureau. The report, based on a...

Economy
Economic Headwinds Hammer Main Street Firms Across the Northeast
July 16, 2025

Main Street businesses, vital to the U.S. economy, have seen their growth rate significantly fade since late 2024 through Q1 2025, lagging behind the overall U.S. business growth despite a strong post-pandemic rebound. Get the Full Story Complete the form to unlock this article and...

Economy
Inflation Reignites as Businesses Pass Tariff Costs Onto Consumers
July 15, 2025

The tariffs are hitting home as businesses pass along higher costs to end customers. 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...

Economy
Jamie Dimon Warns Markets Against Underestimating Interest Rates Hikes
July 10, 2025

JPMorgan’s CEO is worried Wall Street is underestimating the potential for higher interest rates. 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...

Economy
Wells Fargo Says Economy ‘Appears to Be Losing Some Steam’
July 10, 2025

Wells Fargo said Thursday (July 10) that it sees signs that the economy “appears to be losing some steam,” with job creation slowing and inflation expected to rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Jobless Claims Drop While Total Unemployment Rises
July 10, 2025

The number of Americans filing for unemployment last week dropped, even as the number who are unemployed rose to the highest level since November 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Bank of England Warns of Financial Risks Despite Tariff Pauses
July 09, 2025

The Bank of England said global financial markets are still in jeopardy despite easing tariff tensions. 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...

Economy
Merchants Blame Taxes as Small Business Optimism Dips
July 08, 2025

The most taxing problem facing America’s small businesses? Taxes. 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,...

Economy
Employment Growth Exceeded Expectations in June, Led by State Government
July 03, 2025

Employment grew in June at about the same rate it’s been increasing over the past year, with gains in state government and health care and losses in federal government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...