In 1865, English economist William Stanley Jevons observed that improving the efficiency of steam engines increased Britain’s coal consumption instead of reducing it. More efficient engines made coal-powered production cheaper, so more industries adopted it and expanded operations. Over 160 years later, Jevons’ observation, now...
The emergency fund used to sit in a savings account, earned modest interest, and waited for the water heater to fail or the transmission to give out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Consumer spending has become less about confidence and more about financial capacity, and that shift is giving banks and payments providers a clearer map of growth opportunities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Federal Reserve has announced the leaders of five task forces that will examine the Fed’s methods, analytical tools and policy approaches and provide “candid feedback” for the Federal Open Market Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
July 10, 2026
The emergency fund used to sit in a savings account, earned modest interest, and waited for the water heater to fail or the transmission to give out. 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 10, 2026
Consumer spending has become less about confidence and more about financial capacity, and that shift is giving banks and payments providers a clearer map of growth opportunities. Get the Full...
July 03, 2026
Volatile gasoline prices are doing more than squeezing household budgets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
June 30, 2026
Consumers still have a strong appetite to spend, but many have lost the room in their budgets to act on it. New PYMNTS Intelligence research suggests that while financial pressures...
July 13, 2026
Artificial intelligence is transforming the economy, and now is the time to ensure that the technology benefits society, according to a statement signed by more than 200 economists and AI researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]
July 09, 2026
The Federal Reserve has announced the leaders of five task forces that will examine the Fed’s methods, analytical tools and policy approaches and provide “candid feedback” for the Federal Open Market Committee. Get the Full...
July 09, 2026
Former Federal Reserve Chair Ben Bernanke joined Anthropic’s Long-Term Benefit Trust (LTBT), an independent body that works to hold Anthropic to its mission of responsibly developing artificial intelligence for the...
July 07, 2026
Consumers expect inflation to rise more than they expected a month ago, even as they expect gas prices to drop, according to the Federal Reserve Bank of New York’s latest...
