Economy

Economy
Beneath Data Distortions, Jobs Market Shows Signs of Normalizing
November 01, 2024

The U.S. economy added the equivalent of a large company in October, according to data released Friday (Nov. 1) from the Bureau of Labor Statistics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Latest Consumer Data Shows Expenses Grew Faster Than Income in September
October 31, 2024

The latest data from the Department of Commerce’s Bureau of Economic Analysis revealed that consumer spending outpaced income growth in September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Consumer Confidence Marks Big Gain Despite Inflation Concerns
October 29, 2024

One week ahead of the election, we’re living in what might charitably be called uncertain times. 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
Job Openings Drop to Lowest Level Since Early 2021
October 29, 2024

The number of job openings in the United States declined to 7.4 million in September, down from 7.9 million in August and 9.3 million in September 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Consumer Sentiment Gets a Bump on Easing Interest Rates
October 25, 2024

Consumers are feeling a bit more positive, notably about “buying conditions,” as shown in the latest release from the University of Michigan’s Survey of Consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
CEO Confidence Slips Amid Geopolitical Instability and Regulatory Uncertainty
October 24, 2024

Growing concerns about geopolitical instability and legal and regulatory uncertainty accompanied a slight decline in CEO confidence in the fourth quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
October 24, 2024

The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative take on the state of the U.S. economy, spanning 12 districts nationwide. Get the Full Story Complete the form to...

Economy
Insured Unemployment Reaches Highest Level in 3 Years
October 24, 2024

The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said in a Thursday (Oct. 24) press release. Get the Full Story Complete the form to unlock this article and enjoy...

Markets
FinTechs Looking to Enter the US Market Better Be Sponsor-Bank Ready, Says Thredd’s McCarthy
October 22, 2024

When it comes to overall opportunity, the United States isn’t a hard sell. 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....