economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Seniors’ Possible Purchasing Power Erosion May Lead to Less Splurging in 2024

Seniors’ Possible Purchasing Power Erosion May Lead to Less Splurging in 2024
Seniors’ Possible Purchasing Power Erosion May Lead to Less Splurging in 2024
January 09, 2024  |  Consumer Insights

Older consumers were able to maintain their purchasing power last year, mainly helped by an 8.7% jump in Social Security benefits that exceeded inflation. Get...

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Barclays’ 2023 Layoffs Reached 5,000 as Banks Cut Back
Barclays’ 2023 Layoffs Reached 5,000 as Banks Cut Back
January 08, 2024  |  Banking

Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. Get the Full Story Complete the form to unlock this article...

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Making Health Equity a Core Tenet of Business Operations
Making Health Equity a Core Tenet of Business Operations
January 08, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Consumers Temper Their Spending Plans Despite Slowing Inflation
Consumers Temper Their Spending Plans Despite Slowing Inflation
January 08, 2024  |  Economy

Consumers expect the punishing pace of inflation to decline in the months and years ahead. Get the Full Story Complete the form to unlock this...

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Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
January 05, 2024  |  Economy

Through the last several months, payment networks, banks and buy now, pay later (BNPL) firms have pointed to the resilience of the U.S. consumer. Get...

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Government and Healthcare Sectors Lead December Job Gains
Government and Healthcare Sectors Lead December Job Gains
January 05, 2024  |  Economy

The U.S. economy added 216,000 jobs in December, with the government and healthcare sectors posting the biggest gains. Get the Full Story Complete the form...

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Paycheck-to-Paycheck Consumers May Have Reasons for Optimism, Data Shows
Paycheck-to-Paycheck Consumers May Have Reasons for Optimism, Data Shows
January 05, 2024  |  Consumer Finance

Consumers with difficulties making ends meet may have a reason to be optimistic, recent PYMNTS Intelligence data shows. Get the Full Story Complete the form...

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Truist to Close 3.5% of Branches as Customers Bank Digitally 
Truist to Close 3.5% of Branches as Customers Bank Digitally 
January 04, 2024  |  Banking

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  Get the Full Story Complete the...

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