Executives working with some of the biggest global companies say they’re seeing people becoming less willing to deal with price increases, The Wall Street Journal says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Consumer spending across the U.S. was up 1.1% in March, according to a Friday (April 29) Commerce Department press release. The spending boost was led by increased cash outlays on travel, dining, gasoline and food, although spending on durable goods dropped for the second straight...
The stimulus checks run out, the gambling stops. The meme stock becomes a meme — a cautionary tale about, and for, the retail investor. At least in this trading environment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
When it comes to economic data, there’s the headline number, and then the deeper dive. 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 daily newsletter,...
The U.S. real gross domestic product (GDP) shrank at an annual rate of 1.4% in the first quarter of this year, according to figures released Thursday (April 28) by the Bureau of Economic Analysis (BEA). Get the Full Story Complete the form to unlock this...
Connect enough data points, and the mosaic offers up a portrait of recession. 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 daily newsletter, PYMNTS Today....
Shipping giant Maersk said Tuesday (April 26) that the container market could normalize in the second half of 2022, though it did raise full-year guidance due to high rates for container freights. Get the Full Story Complete the form to unlock this article and enjoy...
A new spate of interest rate increases and more inflation may erase the savings that consumers built up during the pandemic, a report from Bloomberg said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Concert tickets have been going up in price, which has been difficult for frequent music fans, The Wall Street Journal reported Saturday (April 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...