U.S. workers’ median weekly earnings have grown faster than inflation over the last year. The usual weekly earnings of full-time wage and salary workers in...
Household credit and debit card spending increased 0.1% in March compared to a year earlier. That is the slowest pace of card spending growth seen...
For Main Street small businesses, the margin pressure will continue. Government data on the labor market released Friday (April 7) show that U.S. hiring backed...
Private employers added 242,000 jobs in February, led by the hospitality and finance sectors. Those industries saw growth of 83,000 and 62,000 jobs, respectively, while...
American consumers remain pessimistic about the economy despite recent positive indicators. Consumers still expect elevated inflation rates for the foreseeable future, even as inflation has...
For the first time since 2019 The Home Depot missed Wall Street’s revenue expectations. This, as the home improvement retailer provided a muted outlook to...
This week in restaurants, eateries expand to grocery stores, add ghost kitchens and face regulations. Throughout the last couple of years, restaurants have been seizing...
Walmart is increasing wages and benefits as the U.S. labor market remains tight. America’s largest private employer announced Tuesday (Jan. 24) it is rolling out...
As sectors like hospitality and dining struggle with labor shortages, tipping offers a retention solution. In a conversation with PYMNTS, Brian Hassan, co-CEO of instant...