Since the start of the pandemic, PYMNTS Intelligence has tracked the real impact of inflation, as real wages, adjusted for price increases, have failed to keep pace with sticker shock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The consumer showed up with caution in May, but a low inflation rate added some fuel to the arguments for an interest rate cut. Those were the mixed messages sent from the Bureau of Economic Analysis report released Friday (June 28) on personal income and...
The number of people receiving unemployment benefits reached its highest level in over two 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 daily newsletter,...
The third estimate of how gross domestic product (GDP) fared in the first quarter showed — at least in the headline number — there was a slight boost from previous estimates. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Merchant steering, which is a practice where retailers offer discounts to consumers if they use certain payment methods, could be getting eclipsed by surcharges and tipflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Consumer confidence slipped slightly in June but didn’t stray far from where it’s been for two 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...
Last year was a rough one for the tech industry, which lost 260,000-plus jobs. 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...
The IRS plans to deny tens of thousands “improper high-risk” Employee Retention Credit (ERC) claims amounting to billions of dollars. 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...
Retail sales for the month of May signal a consumer slowdown overall — and some mixed trends among discretionary categories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....