Economy

Economy
Merchants Blame Taxes as Small Business Optimism Dips
July 08, 2025

The most taxing problem facing America’s small businesses? Taxes. 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. By completing this form,...

Economy
Employment Growth Exceeded Expectations in June, Led by State Government
July 03, 2025

Employment grew in June at about the same rate it’s been increasing over the past year, with gains in state government and health care and losses in federal government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Job Openings Rose in May, Led by Accommodation and Food Services
July 01, 2025

The number of job openings in the U.S. increased by 374,000 in May and reached 7.77 million on the last day of the month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Auto Industry ‘Party Is Over’ as Tariffs Dampen Car Sales
July 01, 2025

Consumers in the United States are reportedly pumping the brakes when it comes to car buying. 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...

Economy
Services Companies Shrug Off Tariffs
June 27, 2025

Consider the stress of middle-market companies like retailer Warby Parker, which sources a lot of its eyewear from China, one of America’s largest trading partners and a major focus of the United States’ global trade war. U.S. tariffs on nearly all foreign countries are making the...

Economy
Economy Loses Momentum as Inflation Direction Remains Uncertain
June 26, 2025

Consumer spending — the engine that drives the U.S. economy — is flagging, helping to reverse what seemed like relentless growth in gross domestic product (GDP) in previous quarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’
June 24, 2025

Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though when, and how much of, those costs might be passed along to consumers is uncertain. Get the Full Story Complete...

Economy
Tariffs Likely to ‘Weigh on Economic Activity’ Fed Chair Says
June 24, 2025

The Federal Reserve wants more time to study the impact of tariffs before cutting rates. 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,...

Economy
Consumers Temper Spending Plans as Confidence Slides in June
June 24, 2025

The most recent inflation data indicate that the impact of tariffs overall has been thus far not been as drastic as some might have feared. But consumers are still mulling what’s to come, and the spending picture is at best mixed. Get the Full Story Complete...