Economy

Economy
Retail Sales Drop as Pre-Tariff Surge in Car Sales Ebbs
June 17, 2025

U.S. retail and food services sales saw a month-over-month decline of 0.9% in May after slipping 0.1% in April, the Census Bureau reported Tuesday (June 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Job Cuts Coming at More Than 170 US Companies in June
June 15, 2025

American companies are reportedly resorting to job cuts amid tariff-related uncertainty. 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...

Economy
Household Net Worth Declined 0.9% After Stock Market Sell-Off
June 13, 2025

Household net worth in the United States declined by 0.9% during the first quarter, according to the Federal Reserve. 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...

Economy
Food, Shelter Costs Rise Despite Overall Inflation Cool Down
June 11, 2025

The latest reading on inflation shows an overall easing in the pace of price increases. 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
JPMorgan CEO: ‘Real Chance’ US Economic Numbers Will Dip
June 11, 2025

The head of America’s largest bank has a gloomy forecast for the U.S. economy. 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...

Economy
World Bank Slashes Growth Projections Due to Tariff ‘Discord’
June 10, 2025

The World Bank says tariff-related discord is threatening 80 years of global prosperity. 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...

Economy
PYMNTS Study Finds 94% of Enterprise CFOs Have No Plans to Reshore
June 10, 2025

Everyone seems to have an opinion on trade policies and tariff rates these days. But the ones that matter are from the companies that need to plan in accordance with their fluctuations. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Consumers Eye Slowing Inflation, but Relief May Be Temporary
June 09, 2025

The news that consumers expect to see a slowdown in inflation is, arguably, optimistic. 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...

Economy
Americans Could See Electric Bills Jump 4% in the Summer Heat
June 08, 2025

When the thermometer starts to climb this summer, your electric bill will likely climb with it. 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...