Economy

Economy
Deflation Trend Could Pull Inflation Back to 2%
December 03, 2023

Deflation has made its presence known, and could help bring inflation down to 2%. 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...

Economy
Fed: Smaller Banks Report Pressure on Commercial Loan Demand
November 30, 2023

The Federal Reserve’s Beige Book — released eight times a year — collects qualitative observations about current economic conditions across the central bank’s dozen districts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Inflation Data Shows Traveling and Food Prices Rising
November 30, 2023

The latest data on personal spending matched expectations. 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...

Economy
Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
November 29, 2023

The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the third quarter. That’s up from 4.9% previously estimated last month. Get the Full Story Complete the form to unlock this...

Economy
Report: Farfetch Founder José Neves Aims to Take Company Private 
November 28, 2023

The founder of online luxury fashion retailer Farfetch, José Neves, reportedly aims to take the company private.  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,...

Economy
Biden to Corporations: ‘Give the American Consumer a Break’
November 28, 2023

President Joe Biden has warned corporations to bring down what he says are inflated prices. 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...

Economy
Consumer Sentiment Continues Sliding as Households Brace for Higher Inflation
November 22, 2023

Perception is reality, goes the old saying. 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...

Economy
Unemployment Claims Fall Even as Labor Market Cools
November 22, 2023

Initial U.S. unemployment claims last week saw the largest drop since June. 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...

Economy
5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
November 17, 2023

The holidays are upon us. The credit card debt has been racked up. The broad deluge of earnings reports has slowed to a trickle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...