wages

Uber, Lyft to Exit Minneapolis After Minimum Wage Vote

Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
March 15, 2024  |  Ridesharing

Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of...

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Consumers’ Near-Term Inflation Concerns Remain Steady
Consumers’ Near-Term Inflation Concerns Remain Steady
March 11, 2024  |  Economy

Consumers have a stable short-term inflation outlook but a cautious view for the medium to long term. While near-term inflation expectations are steady at 3.0%,...

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DailyPay Adds Visa+ to Facilitate Person-to-Person Payments
DailyPay Adds Visa+ to Facilitate Person-to-Person Payments
March 06, 2024  |  Partnerships

DailyPay has joined forces with Visa+ to offer millions of its users a more interoperable and efficient means to manage their earnings. For DailyPay users,...

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As GDP Growth Decelerates, All Eyes Are on Consumer Spending
As GDP Growth Decelerates, All Eyes Are on Consumer Spending
February 28, 2024  |  Economy

The latest readings of gross domestic product (GDP) have been revised down — at least a bit. And though the fourth-quarter GDP still logged some...

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Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
February 27, 2024  |  Consumer Finance

The prices of goods and services will continue to weigh on U.S. consumers’ wallets in 2024. Most consumers still say they live paycheck to paycheck....

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Consumers Prefer Instant Payments, Federal Reserve and PYMNTS Data Show
Consumers Prefer Instant Payments, Federal Reserve and PYMNTS Data Show
February 16, 2024  |  Real-Time Payments

An official with the Atlanta Federal Reserve says findings from a 2023 Federal Reserve study confirm the growing appetite for instant payments. Claire Greene, payments...

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Inflation’s Still With Us as Food and Shelter Were Pricier in January 
Inflation’s Still With Us as Food and Shelter Were Pricier in January 
February 13, 2024  |  Economy

The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. The Bureau of...

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Fed Finds Consumers Optimistic About Credit but Not Inflation
Fed Finds Consumers Optimistic About Credit but Not Inflation
February 12, 2024  |  Economy

U.S. consumers are feeling more optimistic about their financial conditions and access to credit. That’s according to the January 2024 Survey of Consumer Expectations, released Monday...

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