inflation

Private Sector Adds 122K Jobs as Wage Growth Slows

Private Sector Adds 122K Jobs as Wage Growth Slows
Private Sector Adds 122K Jobs as Wage Growth Slows
July 31, 2024  |  Economy

American companies added 122,000 jobs this month, while wage growth continued to slow. Get the Full Story Complete the form to unlock this article and...

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McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
July 29, 2024  |  Earnings

McDonald’s sales fell for the first time since 2020 as lower-income consumers stayed home. Get the Full Story Complete the form to unlock this article and...

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Consumer Spending Remains Strong Despite Elevated Inflation
Consumer Spending Remains Strong Despite Elevated Inflation
July 29, 2024  |  Consumer Finance

Consumer spending has remained strong despite elevated inflation, surprising many economists. However, there are concerns about credit card delinquencies and lenders’ net charge-offs, which could...

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Cuba Bans Small Business From Using US Bank Accounts
Cuba Bans Small Business From Using US Bank Accounts
July 26, 2024  |  SMBs

Cuba has reportedly banned its small businesses from using U.S. bank accounts, just weeks after the Biden administration allowed Cubans to use the banking system....

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Consumer Sentiment Shows Widening Gap Between Low- and High-Income Consumers
Consumer Sentiment Shows Widening Gap Between Low- and High-Income Consumers
July 26, 2024  |  Economy

The bifurcation in consumer spending — between higher-income and lower-income individuals and households — looks set to widen. Get the Full Story Complete the form...

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GDP Report Mixes Economic Growth With Slower Pace of Consumer Spending
GDP Report Mixes Economic Growth With Slower Pace of Consumer Spending
July 25, 2024  |  Economy

The newest reading on gross domestic product (GDP) — for the second quarter, only a few weeks in the books — shows a quickening pace...

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US Business Activity Reaches Highest Level in 27 Months
US Business Activity Reaches Highest Level in 27 Months
July 24, 2024  |  Economy

U.S. business activity rose to its highest level in 27 months in July, S&P Global said Wednesday (July 24). Get the Full Story Complete the...

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Save A Lot VP: Consumers Cross-Shop to Stretch Grocery Budgets
Save A Lot VP: Consumers Cross-Shop to Stretch Grocery Budgets
July 16, 2024  |  Retail

Amid ongoing inflation and economic challenges, grocery shoppers are recalibrating their budgeting behaviors to make ends meet. Get the Full Story Complete the form to...

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