The latest data on spending shows it continues to outrun income growth as higher prices absorb more of the household budget. June offered another example: The Personal Consumption Expenditures reading for that month indicated that consumers increased their spending 0.3% from May while personal income,...
A dollar can only stretch so far. For 60 million Labor Economy workers, each trip to the checkout can involve hard choices about what to buy, how to pay and what to leave behind. Get the Full Story Complete the form to unlock this article...
Real gross domestic product (GDP) growth slowed in the second quarter, according to an advance estimatereleased Thursday (July 30) by the Commerce Department’s Bureau of Economic Analysis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
While Mastercard reported another quarter of double-digit revenue growth Thursday (July 30), executives devoted much of their second-quarter earnings discussion to explaining why agentic artificial intelligence could strengthen the economics of the card network. Get the Full Story Complete the form to unlock this article...
July 30, 2026
While Mastercard reported another quarter of double-digit revenue growth Thursday (July 30), executives devoted much of their second-quarter earnings discussion to explaining why agentic artificial intelligence could strengthen the economics of the card network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]
July 29, 2026
Two consumers can share a generation, an income bracket and many of the same expenses while occupying markedly different financial positions. Get the Full Story Complete the form to unlock...
July 23, 2026
Watch more: How Stores Became the New Front Door for Everyday Money Movement Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
July 21, 2026
The prevailing narrative says the consumer, squeezed by inflation, higher gas prices and a steady sense of uncertainty, is ready to pull back. Synchrony’s second-quarter results point in a more...
July 30, 2026
Real gross domestic product (GDP) growth slowed in the second quarter, according to an advance estimatereleased Thursday (July 30) by the Commerce Department’s Bureau of Economic Analysis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]
July 29, 2026
Procter & Gamble says economic pressures have consumers focused on smaller pack sizes and promotions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
July 26, 2026
American card delinquencies ticked up in June amid a downturn in charge-offs at major banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
July 23, 2026
Online lender Enova International saw improvements in both originations and credit during the second quarter, with consumer spending remaining resilient and small businesses optimism increasing, Enova CEO Steve Cunningham said during a Thursday...
