The “durable” job market economists had been touting all year now seems a bit softer. 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,...
The head of America’s biggest bank says it’s too soon to declare victory against inflation. 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,...
High interest rates are leading smaller businesses to lower their 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...
Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. 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...
In times of economic uncertainty and persistent inflation, consumers tend to stretch their budgets to the maximum, especially in essential categories like groceries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
After two years of persistent inflation levels above wages, the economy of U.S. households is beginning to show signs of weakness, leaving consumers struggling to maintain their purchasing power and financial stability. Many individuals have depleted a significant portion of their savings to keep up...
If you’re gearing up for a festive feast, you’ll be thankful to hear that wholesale prices of whole frozen turkeys are taking a dip, bringing some much-needed relief for consumers after a tough time of soaring prices. Get the Full Story Complete the form to...
Bank of America CEO Brian Moynihan is reportedly optimistic about the U.S. economy and the bank’s growth prospects. 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,...
Lending standards have tightened and demand has weakened in the third quarter of 2023, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey (SLOOS) on Bank Lending Practices, released Monday (Nov. 6). Get the Full Story Complete the form to unlock this article...
