Economy

Economy
PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
January 25, 2023

The worst is over for inflation, and the impact of rising prices will 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 newsletter, PYMNTS...

Economy
Gen X Grocery Shoppers Most Aggressive in Money-Saving Trade-Downs
January 24, 2023

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 to receive marketing communications from PYMNTS and...

Economy
Food Price Spikes Could Be Criminalized as FTC Called to Investigate Eggs
January 22, 2023

A farmers’ group wants the federal government to investigate a recent spike in egg 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,...

Economy
UK SMB Loan and Mortgage Defaults on the Rise
January 20, 2023

The Bank of England (BoE) has reported an increase in small businesses defaulting on loans. 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
CEO Says Uber Has No Plans for Widespread Job Cuts
January 19, 2023

Uber’s CEO says the rideshare/delivery giant has no plans for company-wide layoffs. 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
Fast Fashion’s Hot New Player Shein Not Immune to Economic Strife
January 18, 2023

Shein is reportedly considering a funding round that would lower its market valuation by a third. 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
BofA Reportedly Pauses Hiring Ahead of Recession
January 18, 2023

Bank of America is reportedly freezing most hiring as it prepares for a possible recession. 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
Consumers’ Inflation Perception and Government Data Are Miles Apart
January 18, 2023

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Economy
Robinhood Debuts Sherwood Media to Cover Finance News
January 17, 2023

Trading platform Robinhood is getting deeper into the news business. 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...