Economy

Data Shows Take-Home Pay Is Dropping and so Are Consumers’ Work Days
Economy
Data Shows Take-Home Pay Is Dropping and so Are Consumers’ Work Days
June 30, 2023

Three key government-released metrics may together explain why consumers’ financial struggles may be more significant now than in previous economic downturns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Sunny Southern Optimism in the Paycheck-to-Paycheck Economy?
Economy
Sunny Southern Optimism in the Paycheck-to-Paycheck Economy?
June 30, 2023

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New US Unemployment Claims Dip to Lowest Level Since 2021
Economy
New US Unemployment Claims Dip to Lowest Level Since 2021
June 29, 2023

After three weeks of increases, America’s unemployment numbers are trending down. 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...

Fed Chair Says Core Inflation Won’t Reach 2% Target Until 2025
Economy
Fed Chair Says Core Inflation Won’t Reach 2% Target Until 2025
June 28, 2023

The Federal Reserve’s chairman says core inflation may not reach the 2% mark until 2025. 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,...

Consumers Turn to Specialty eGrocers to Get Smarter With Splurges
Economy
Consumers Turn to Specialty eGrocers to Get Smarter With Splurges
June 23, 2023

As consumers manage their food budgets in response to inflation, many are turning to specialty and niche eGrocers to be selective about what they splurge on, according to Umamicart Co-founder and CEO Andrea Xu. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Unemployment Claims Remain at Highest Level in 20 Months
Economy
Unemployment Claims Remain at Highest Level in 20 Months
June 22, 2023

U.S. unemployment claims were flat last week, remaining at the highest level in 20 months. 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,...

Paycheck-to-Paycheck Pressures to Continue as Powell Signals More Rate Hikes
Economy
Paycheck-to-Paycheck Pressures to Continue as Powell Signals More Rate Hikes
June 21, 2023

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Rising Interest Rates Starting to Erode Purchasing Power
Economy
Rising Interest Rates Starting to Erode Purchasing Power
June 18, 2023

The Federal Reserve’s interest rate increases are reportedly starting to erode consumer and business purchasing power. 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...

US Business Inventories Spring Up Slightly in April
Economy
US Business Inventories Spring Up Slightly in April
June 15, 2023

America’s business inventories enjoyed a slight rebound in April, according to new Commerce 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...