Consumer spending in August rose 0.4%, aligning with bigger paychecks and rebounding from a decline last month even as inflation stays high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare within the paycheck-to-paycheck economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Food prices may be skyrocketing all across the country, but consumers in rural areas are feeling this inflation the most acutely by a significant margin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The vast majority of United States grocery shoppers are feeling the impacts of skyrocketing price 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...
The Federal Reserve boosted interest rates again on Wednesday (Sept. 21) attempting to beat back rampant inflation — cold comfort to consumers bearing the brunt of exorbitant prices on daily essentials. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Retail spending inched up in August as prices at the gas pump continued to fall and consumers forged forward despite high inflation and rising interest rates taking a bigger bite of household budgets. Get the Full Story Complete the form to unlock this article and...
For years, $400 has served as shorthand for the precarious state of the U.S. consumer’s financial health — namely, whether they could afford to meet an unanticipated emergency expense. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The annual inflation rate in the U.S. eased for the second consecutive month in August, to 8.3%, the lowest reading in six months but missing economists’ forecasts of 8.1%, according to the report from the U.S. Bureau of Labor Statistics on Tuesday (Sept. 13). The decline...
As food prices continue to rise, restaurants known for their value offerings have the opportunity to gain share of stomach from their pricier competitors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
