Economy

Economy
High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
March 03, 2023

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Economy
Food and Energy Inflation Data Hint at Disposable Income Pressure
February 24, 2023

Inflation is making paying for basics of everyday life — food especially — harder to swallow. 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...

Economy
CFPB Says Collections Data Shows Strapped Consumers Grappling with Utility Bills
February 22, 2023

Keeping the lights and the cell phones on are proving a challenge for cash-strapped consumers. 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
VC Fundraising Dropped 65% Year-Over-Year in Q4
February 20, 2023

Venture capital (VC) firms are having a harder time raising funds. 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...

Economy
Bank of America CEO: Consumer Trends Bode Well for Economy 
February 14, 2023

Bank of America Chairman and CEO Brian Moynihan said Tuesday (Feb. 14) at the BofA Securities Financial Services Conference that the bank hears from commercial customers that they are trying to be careful, maintain margins, avoid a change in demand and be cautious in hiring....

Economy
UK Unemployment Rate Remains Low as ‘Uncertainty’ Grows
February 14, 2023

Even in the face of a recession, the U.K.’s labor market remains extremely tight. 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
Goldman Sachs CEO Expects ‘Softer Landing’ for US Economy
February 14, 2023

There’s a growing consensus among CEOs that the economy will see a softer-than-expected landing. 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
Wells Fargo CFO: Economy Will Worsen As 2023 Goes On
February 14, 2023

Wells Fargo’s finance chief has a gloomy prediction for the U.S. economy. 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
Jan. CPI Slips to 6.4% but Data May Fan Consumers’ Inflation Fears 
February 14, 2023

A majority of consumers think inflation this year will trump 2022’s soaring pace. 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....