Economy

Durable Goods Orders Dropped 6.1% in January
Economy
Durable Goods Orders Dropped 6.1% in January
February 27, 2024

New orders for manufactured durable goods declined by 6.1% in January. 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...

Jobless Claims Fall in Face of Ongoing Layoffs
Economy
Jobless Claims Fall in Face of Ongoing Layoffs
February 22, 2024

New Department of Labor data shows a drop in initial applications for unemployment in the United States. 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...

Report: Checkout.com UK’s Business Reports Fivefold Increase in Losses
Economy
Report: Checkout.com UK’s Business Reports Fivefold Increase in Losses
February 15, 2024

Online payment processing platform Checkout.com has reportedly recorded a $126 million loss in its U.K. business. 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,...

Taylor Swift Tour Expected to Generate $780 Million in Melbourne, Australia
Economy
Taylor Swift Tour Expected to Generate $780 Million in Melbourne, Australia
February 15, 2024

As pop star Taylor Swift kicks off her Eras tour in Australia, fans are flocking to the concerts and injecting money into the economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Is January’s Retail Sales Slump a Blip or Harbinger of Things to Come?
Economy
Is January’s Retail Sales Slump a Blip or Harbinger of Things to Come?
February 15, 2024

The questions swirling amid the January sales slump boils down to these: 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...

Fed’s Michael Barr Uncertain If Economy Can Have Soft Landing
Economy
Fed’s Michael Barr Uncertain If Economy Can Have Soft Landing
February 14, 2024

It’s still too early to determine if the economy can have a soft landing, Michael Barr, vice chair for supervision at the Federal Reserve, said Wednesday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Inflation’s Still With Us as Food and Shelter Were Pricier in January 
Economy
Inflation’s Still With Us as Food and Shelter Were Pricier in January 
February 13, 2024

The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fed Finds Consumers Optimistic About Credit but Not Inflation
Economy
Fed Finds Consumers Optimistic About Credit but Not Inflation
February 12, 2024

U.S. consumers are feeling more optimistic about their financial conditions and access to credit. 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...

Fed’s Data Hints at Slowing Embrace of Revolving Debt
Economy
Fed’s Data Hints at Slowing Embrace of Revolving Debt
February 09, 2024

Is there a literal slowdown in the cards? 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, you...