With the dual punches of runaway inflation and the ongoing Russian attack on Ukraine, consumer spending in February went up at a slower pace of 0.2%, down from a revised 2.7% increase in January, according to the Thursday (March 31) report from the U.S. Commerce...
Around the world, rising food prices are forcing cooks, home and professional alike, to reconsider how they prepare their foods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In a sign that the economy is gaining momentum, applications for unemployment insurance fell last week to the lowest since 1969, the U.S. Department of Labor (DOL) reported Thursday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Square on Wednesday (March 23) released data that shows workers who are returning to their offices after two years at home because of the COVID-19 pandemic will be faced with what’s being called “lunch-flation,” as their midday meals will cost more than when they last...
Numerous issues are being hashed out at the Bloomberg Equality Summit to look into how the economy is developing, including the potential that the war in Ukraine may last for quite some time, Bloomberg reported Tuesday (March 22). Get the Full Story Complete the form...
Back in March of 2020, it was all about “the new normal,” and then trying to get to “the next normal.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
When we surveyed businesses two years ago about their financial health, a considerable number of them said they didn’t expect to survive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The urge to splurge is receding. 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 this form, you agree to...
Buckle up for a wild show as COVID exits stage left while a new villain — inflation — swoops in from all sides, weakening the purchasing power of even the best-paid American workers. Get the Full Story Complete the form to unlock this article and...
