Economy

Economy
Consumer Spending Growth Slows to 4-Year Low
September 15, 2025

Every four months, the Federal Reserve releases its survey of household spending, offering a snapshot into where household budgets have been allocated and where paychecks are earmarked for future spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Grocery Prices Surged in August, Pressuring Household Budgets
September 11, 2025

Inflation’s pace quickened in August, and in the key category of food — and specifically grocery prices — the pinch on the household budget has been palpable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Initial Unemployment Claims Rise to Highest Level Since 2021
September 11, 2025

More Americans filed for unemployment last week than in any week since 2021, the Department of Labor said in a Thursday (Sept. 11) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Labor Department Inspector General to Review Economic Data Collection and Reporting
September 10, 2025

The Labor Department’s Office of the Inspector General said Wednesday (Sept. 10) that it has begun a review of the Bureau of Labor Statistics’ “challenges” in collecting and reporting economic data.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Wells Fargo CEO Says Low-Income Consumers ‘Living on the Edge’
September 10, 2025

Wells Fargo CEO Charlie Scharf said Wednesday (Sept. 10) that low-income consumers are “living on the edge.” 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...

Economy
US Import Volumes Poised to Decline Amid Tariff, Policy Uncertainty
September 09, 2025

U.S. import cargo volumes are projected to decline for the remainder of 2025, after a near-record summer surge driven by retailers stocking up ahead of rising tariffs and an unpredictable trade policy landscape. Get the Full Story Complete the form to unlock this article and...

Economy
JPMorgan CEO Dimon Warns of Slowing Economy
September 09, 2025

JPMorgan Chase CEO Jamie Dimon sounded a warning on Tuesday (Sept. 9) after the latest labor market data showed the U.S. economy slowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Small Business Optimism Ticks Up as Labor Issues Persist
September 09, 2025

Small businesses sentiment rose last month despite ongoing worries about labor shortages. 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
Paycheck-to-Paycheck Households Say Job Prospects Are Dimming
September 05, 2025

Even before the latest job numbers were released on Friday (Sept. 5), PYMNTS Intelligence had been busy uncovering the ways in which various households—across income levels and whether they’d been living paycheck to paycheck—viewed their job prospects.  Get the Full Story Complete the form to...