The latest unemployment data reportedly points to a continued gradual cooling of the labor 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 newsletter,...
The Bureau of Labor Statistics (BLS) is changing how it announces data after an incident in which a data release was delayed but the information was shared with some external users who called or emailed to ask about it. Get the Full Story Complete the form...
U.S. companies ordered less business equipment last month, new government data shows. 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...
The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market and an upcoming cut in interest rates. Get the Full Story Complete the form to unlock this article and enjoy...
A downward revision to previously released job market data might be enough to spur interest rate cuts. 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...
Firms’ year-ahead inflation expectations remained “relatively unchanged” in August, staying just above where they were before the pandemic, the Federal Reserve Bank of Atlanta said Wednesday (Aug. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Economists at Goldman Sachs have lowered the likelihood of a U.S. recession. 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...
Things may get better over the longer term, but right now things are tough. 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...
Consumer sentiment has remained fairly steady thus far in August, inching up 2.1% compared to the previous month and down 2.3% compared to August 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
