Main Street small businesses have been preparing for this inflationary cycle to turn to recession. Yet, additional pressure from labor costs and online competition have...
Recent PYMNTS’ research found that inflation was 2022’s biggest challenge for small- to medium-sized businesses (SMBs). Main Street SMBs make up much of the U.S....
Recession fears mounted this past week, and stocks tumbled. 2022 is largely in the rearview mirror, and in looking ahead, investors — and some heavy...
High inflation and interest rates are affecting groups in different ways. The Mastercard Economics Institute said in its Economic Outlook 2023, which was released Thursday...
As economic challenges continue indefinitely into the future, small restaurants are adjusting their revenue expectations. By the Numbers Research from PYMNTS’ new study, “Main Street...
Despite the holiday cheer, American consumers are growing increasingly anxious about the economy. It’s gotten to the point where even those consumers whose wages and...
Europe’s banks will likely reduce lending next year as the region dips into a recession. That’s according to a Sunday (Dec. 4) Financial Times report,...
Slowing rate hikes cheer investors, but on Main Street the damage has already been done. Stocks surged about 3% by Wednesday’s close, on the heels...
Amazon’s job cuts will continue into next year, adding to those that have already been announced, as the company’s leaders are only midway through their...