Economy

No Relief in Sight for Paycheck-to-Paycheck Consumers Amid Inflation
Economy
No Relief in Sight for Paycheck-to-Paycheck Consumers Amid Inflation
October 12, 2023

The latest inflation readings are in. 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 agree to...

Consumers See No Inflation Relief and That Credit’s No Sure Thing
Economy
Consumers See No Inflation Relief and That Credit’s No Sure Thing
October 10, 2023

Inflation’s steady at the moment, on its way to ticking up … and credit’s tougher to come by. 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...

Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
Economy
Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
October 10, 2023

Walmart’s former U.S. CEO says consumers are facing pressures they haven’t felt in 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, PYMNTS Today....

Report: Richest 1% Increase Their Share of Post-Pandemic Wealth
Economy
Report: Richest 1% Increase Their Share of Post-Pandemic Wealth
October 09, 2023

The pandemic reportedly did little to close the gap between the rich and the poor. 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,...

Fed’s Credit Data Shows Puts and Takes, but Loading Up on the Cards Continues 
Economy
Fed’s Credit Data Shows Puts and Takes, but Loading Up on the Cards Continues 
October 09, 2023

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 agree to receive marketing communications from PYMNTS and...

Rise of ‘Mega Bankruptcies’ Leaves Economists Worried
Economy
Rise of ‘Mega Bankruptcies’ Leaves Economists Worried
October 08, 2023

SVB Financial. Yellow. Bed Bath & Beyond. All big companies, all filed for bankruptcy. 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...

Food Services Employment Returns to Pre-Pandemic Level With 61,000 Gain
Economy
Food Services Employment Returns to Pre-Pandemic Level With 61,000 Gain
October 06, 2023

The number of people employed in food services and drinking places is back to where it was in the pre-pandemic month of February 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Unemployment Claims Remain Low as Wage Growth Slides
Economy
Unemployment Claims Remain Low as Wage Growth Slides
October 05, 2023

Initial jobless claims remained low last week, according to new Labor Department data. 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...

ADP Finds ‘Steepening’ Decline in Job Growth as Wages Dip
Economy
ADP Finds ‘Steepening’ Decline in Job Growth as Wages Dip
October 04, 2023

Private employers added 89,000 jobs last month, the slowest growth rate since early 2021. 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...