The initial euphoria that greeted the Federal Reserve’s decision this past week to cut interest rates for the first time in four years was keenly felt on Wall Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
JPMorgan Chase CEO Jamie Dimon reportedly said Friday (Sept. 20) that he is skeptical that the U.S. economy will see a soft landing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Federal Reserve cut interest rates by 0.5% Wednesday (Sept. 18), the first cut in four years. 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...
Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August — is slowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
There was a slight improvement in consumer sentiment this month, as inflation’s heady pace ticked lower. 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...
Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The only question surrounding rate cuts from the Federal Reserve boils down to not “when?” but … “how much?” 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...
American household incomes increased 4% last year, the first significant increase since before the pandemic, according to the Census Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
