Polymarket has introduced what it calls the first prediction markets connected to private company performance. 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...
Some tech executives warn that artificial intelligence (AI) will usher in mass waves of 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,...
The modern economy increasingly runs on two separate operating systems. One is digital, asset-light and geographically fluid. The other is physical, capital-intensive and exposed to every fracture line in the global order. Get the Full Story Complete the form to unlock this article and enjoy...
Retail sales rose again in April, but the latest government data showed consumers continuing to shift spending toward necessities while pulling back in several categories tied to discretionary purchases and larger household items. Get the Full Story Complete the form to unlock this article and...
Inflation accelerated again in April, intensifying pressure on consumers who were already struggling to keep pace with rising costs for food, housing and healthcare. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The labor market added jobs at a moderate pace in April, but the latest employment data also underscored a reality that has increasingly defined the U.S. economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Consumers are more pessimistic and more uncertain about the rate of inflation over the next year than they were a month ago, according to data released Thursday (May 7) by the Federal Reserve Bank of New York. Get the Full Story Complete the form to...
The number of hires increased to 5.6 million in March, a figure that was 655,000 higher than the previous month, the Bureau of Labor Statistics (BLS) said in a Job Openings and Labor Turnover Summary (JOLTS) report released Tuesday (May 5). Get the Full Story...
Wage growth is easing across the private sector, and the latest Employment Cost Index makes clear the deceleration is no longer a blip. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...