COVID-19’s omicron variant had less of an impact on U.S. spending than previous stages of the outbreak. 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...
Consumer prices rose 7.5% over the past year, the highest rate of inflation since 1982, according to figures released Thursday (Feb. 10) by the U.S. Bureau of Labor Statistics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Economists and analysts preparing for a gloomy jobs report got a surprise when payroll employment rose by 467,000 in January, and the unemployment rate was largely the same at 4.0%, the U.S. Bureau of Labor Statistics reported on Friday (Feb. 4). Get the Full Story...
Consumer spending — in particular, spending by lower income consumers — may be running out of gas. 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...
Consumers in the U.K. were bullish on spending in the first two weeks of the new year, but rising inflation is expected to take a heavy toll on Britons’ finances, Bloomberg reported Monday (Jan. 24). Get the Full Story Complete the form to unlock this...
Businesses of all ages are struggling in different ways to stay afloat as the COVID-19 pandemic and its variants continue to rage across the U.S. and around the world, but that hasn’t stopped business owners — both new and old — from retaining their optimism...
Consumers from different demographic groups are perceiving the economy in different ways, but their mood is generally negative, according to Reality Check: The Paycheck-To-Paycheck Report, a PYMNTS and LendingClub collaboration based on a survey of 2,366 U.S. consumers. Get the Full Story Complete the form...
Despite the damage, disappointment and disruption caused by the latest surge of COVID-19, Main Street business owners in the United States look forward to the year ahead and hold out hope that it will bring better luck. Get the Full Story Complete the form to...
With rapid inflation, many consumers are growing acutely aware of rising costs. 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...