Economy

Economy
UK Seeks Cap on Food Prices as Consumers Struggle
May 28, 2023

The British government wants supermarkets to cap food prices amid rampant inflation. 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...

Economy
Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
May 26, 2023

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Economy
Study Finds Spending Outpaces Income Growth — but for How Long?
May 26, 2023

The latest stats from the government show that consumers continue to spend. 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...

Economy
Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
May 26, 2023

Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets released. The latest round comes from Realtor.com’s Monthly Housing Market Trends report for April, estimating  that housing inventory in the...

Economy
Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
May 25, 2023

Federal Reserve Bank of Richmond President Tom Barkin reportedly said there is a “demand slowdown.” 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...

Economy
Fed’s Economic Well-Being Report Understates Struggles of Paycheck-to-Paycheck Consumers
May 22, 2023

The Federal Reserve Board’s latest report on the pressures faced by U.S. households paints a picture where a record number of consumers say they are worse off than they were a year ago. Get the Full Story Complete the form to unlock this article and...

Economy
Fed Officials Reportedly More Divided Than Ever on Rate Hikes
May 19, 2023

Federal Reserve officials reportedly seem more divided than ever on whether more interest rate hikes are needed. 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...

Economy
Unemployment Numbers Drop Sharply Following Fraudulent Claims
May 18, 2023

Unemployment claims plummeted following the revelation that fraudulent claims had driven up recent figures. 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....

Economy
Report: Remote Work Persists as Unemployment Stays Low
May 16, 2023

Don’t write any obituaries for the age of remote work just yet. 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...