Economy

Economy
Consumers Keep Fun in the Household Ledger
June 16, 2026

The cutback economy is proving less about consumer retreat than consumer prioritization. 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...

Markets
Kalshi Creates AI Agent to Smooth Prediction Market Contracts
June 15, 2026

Kalshi has reportedly built an artificial intelligence (AI) agent designed to help run its prediction market. 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
Bank of America CEO Says Consumers Keep Spending Despite Affordability Concerns
June 15, 2026

Americans are still spending on discretionary items, despite inflation, higher gas prices and the concern about affordability they share with researchers, Bank of America CEO Brian Moynihan told NBC News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Markets
Gensler Says Prediction Market Sports Contracts Are Just Bets
June 12, 2026

Gary Gensler, a former chairman of the Commodity Futures Trading Commission (CFTC), disagrees with the current CFTC on the issue of sports betting versus swaps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Rising Food and Shelter Costs Test Household Budgets
June 10, 2026

Inflation accelerated in May, and while energy prices continue to grab headlines, shelter, food and services, categories that account for a large share of recurring household expenses, continued to climb. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
JPMorgan Exec Warns Inflation Will Weaken Consumer Resilience
June 09, 2026

JPMorgan Chase’s consumer and community banking chief said the lender is keeping an eye on consumer health. 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...

Economy
SMB Agency Says War-Related Uncertainty Drives Job Creation to 6-Year Low
June 09, 2026

Small business job creation plans fell to a six-year low in May, driven by war-related oil prices and uncertainty, according to the National Federation of Independent Business (NFIB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
New York Fed Finds Worst Financial Anxiety Since January 2023
June 08, 2026

More households are feeling worse about their financial situation, the Federal Reserve Bank of New York said in a Monday (June 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Conference Board Says Easier Hiring Signals Upcoming Labor Market Weakness
June 08, 2026

The labor market remains resilient, though there were signs in May that employment may decrease in the coming months, The Conference Board said in a Monday (June 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...