Economy

Economy
Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
November 01, 2022

Intuit has reportedly paused hiring at its Credit Karma unit, with all new hiring to be paused but with no pay cuts and with employees who leave continuing to be replaced.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Slumping Cedi, Runaway Inflation Worsen Cost-of-Living Crisis for Ghana’s Consumers, SMEs
October 31, 2022

The struggle against price inflation has been felt worldwide, but in Ghana, the problem has been made worse by an ongoing devaluation of the local currency. In fact, the cedi currency has plummeted more than 40% against the dollar this year, while consumer inflation hit...

Economy
New Car Prices Downshift After Summer Record
October 31, 2022

Car buyers could begin to feel less pain when paying for a new vehicle following a years-long spike in the price of new automobiles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
EU Consumers Tighten Belts as Cost of Living Rises
October 30, 2022

Rising interest rates and energy costs have forced consumers in Europe to start reducing their discretionary spending. 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
BEA Reports 2.6% Growth in Real GDP in Q3
October 27, 2022

After dipping in the first and second quarters, real gross domestic product (GDP) rose at an annual rate of 2.6% in the third quarter, according to an “advance” estimate released by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA). Get the Full Story...

Economy
US Business Activity Keeps Shrinking With Low Demand, High Inflation
October 25, 2022

Business activity in the U.S. shrank for the fourth month in a row amid continued high inflation and a decline in demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Most Grocery Shoppers Still Wary as Some Ease Cost-Cutting Measures
October 24, 2022

Food prices may continue to rise, but as grocery inflation slows, some shoppers are beginning to relax on their budgeting measures while most remain looking for ways to trim spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
87% of Consumers Say Inflation Outpaces Income Growth
October 20, 2022

Inflation continues to take a bite out of the household budget, to whittle away earnings power. In response, the belts are getting tighter and tighter as we all chase discounts and sometimes even lesser quality goods — all in the bid to conserve as much...

Economy
89% of Consumers Feel Inflation at the Grocery Store
October 19, 2022

Inflation is weighing heavy on consumers’ minds, and rarely are they as aware of rising prices than when browsing the aisles at their local grocery store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...