As parents head back to the labor market post-pandemic full-time or hybrid, childcare costs in August have soared to levels not seen before COVID gripped the U.S. in March 2020, causing a spike in overall consumer spending that was also buoyed by rising utility costs....
Call it the paycheck-to-paycheck economy, in a way – for the Main Street small 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,...
Car shoppers have been opting for new vehicles over used ones, according to recent studies, with August sales for pre-owned cars estimated to reach 1.2 million units, a 9% increase year over year. Get the Full Story Complete the form to unlock this article and...
On Monday (Sept. 5), California’s Governor Gavin Newsom signed into law Bill AB-257, which will set higher wage requirements for fast food workers as well as enact standards related to “health, safety, and welfare.” Fast food restaurants have been pushing back against this bill since...
The U.S. Consumer Price Index rising by 8.5% through July — and holding — gives larger context to the affordability problems millions of Americans are contending with now and will continue to into next year. Still, people need to eat, drive and wear clothes, so...
Emergency expenses can be relative based on one’s financial wellness, but the fact is, millions of American households don’t have the funds to pay for an unexpected crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Employers added 315,000 jobs last month, with the strongest gains in professional and business services, which added 68,000 jobs, led by computer systems design and related services, up 14,000. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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Falling gasoline prices and a dip in the inflation rate put consumers in a slightly better mood this month while helping a private sector gauge of optimism snap a three-month losing streak. Get the Full Story Complete the form to unlock this article and enjoy...
