Economy

Economy
More Consumers Will Forgo Travel, Vehicle, Big-Ticket Purchases in 2023
January 30, 2023

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Economy
Lenders Prepare for Defaults as Recession Looms
January 30, 2023

Banks and lenders are setting aside funds to cover loan losses out of fear of a recession. 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...

Economy
Consumers May Be Pinched as Interest Payments Increase
January 27, 2023

Consumers are still spending, but the question remains: For how long? 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...

Economy
Jeremy Hunt Wants to Make UK the ‘Next Silicon Valley’
January 27, 2023

Jeremy Hunt has outlined his vision to make the U.K. “the world’s next Silicon Valley.” 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,...

Economy
PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
January 25, 2023

The worst is over for inflation, and the impact of rising prices will recede. 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...

Economy
Gen X Grocery Shoppers Most Aggressive in Money-Saving Trade-Downs
January 24, 2023

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Economy
Food Price Spikes Could Be Criminalized as FTC Called to Investigate Eggs
January 22, 2023

A farmers’ group wants the federal government to investigate a recent spike in egg prices. 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,...

Economy
UK SMB Loan and Mortgage Defaults on the Rise
January 20, 2023

The Bank of England (BoE) has reported an increase in small businesses defaulting on loans. 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,...

Economy
CEO Says Uber Has No Plans for Widespread Job Cuts
January 19, 2023

Uber’s CEO says the rideshare/delivery giant has no plans for company-wide layoffs. 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...