CEOs for the airlines American, United and Southwest are slated to come before the Senate Committee on Commerce, Science and Transportation Wednesday (Dec. 15), Seeking Alpha reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Wholesale prices increased 9.6% in November compared to the same time in 2020, marking their biggest year-to-year jump on record and presenting another sign that inflation is becoming a bigger economic issue, according to a U.S. Labor Department report on Tuesday (Dec. 14). Get the...
Consumer sentiment in the U.S. rose to 70.4 for December of this year, a slight improvement from the 10-year low logged last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Inflation in the U.S. is at a 39-year high, with the consumer price index (CPI) up 6.8% in November over the previous month in 2020, as consumer demand remains high for goods amid continuing supply chain snarls. Get the Full Story Complete the form to...
Initial unemployment filings fell to 184,000 in the week ended Dec. 4, a decrease of 43,000 from the prior week’s upwardly revised level. This is the lowest level for new jobless claims since Sept. 6, 1969, when it was 182,000, according to the weekly report...
Nineteen months into the COVID era, and the nation’s economic recovery continues to produce a mixed set of record results that are as complex as they are conflicting. With terms such as exceptional, resilient, inconsistent and insecure sharing the same space within PYMNTS’ latest Main...
With the arrival of the Omicron variant of COVID-19, growth prospects around the world could be in jeopardy, according to updates from rating agencies Fitch Ratings and Moody’s Investors Service on Monday (Nov. 29). Get the Full Story Complete the form to unlock this article...
Inflation and a rise in new COVID-19 cases has led to a drop in consumer confidence in the European Union, the European Commission reported Monday (Nov. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Even in the face of the fast inflation in three decades, American consumers don’t seem to be afraid to spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
