Economy

Economy
Banks and FinTechs Navigate Market Mayhem Amid Escalating Tariff Fears
April 08, 2025

As the economy continues to reel from President Donald Trump’s tariff announcements, speculation about their impact on the banking and FinTech sectors has reached a fever pitch. The once-promising but cautious outlook for the U.S. economy is now being derailed by growing recession fears, casting...

Economy
Exclusive: Lights Flash Red for 1 in 5 US Small Businesses as Tariff Economy Sets...
April 08, 2025

When the economic winds start to howl, small- to medium-sized businesses (SMBs) turn up their collars. As the Trump administration’s global tariffs send shock waves through stock markets and prompt fears of a recession, businesses across America may be in store for particularly acute pain....

Economy
EU Prepares Two Rounds of Tariffs in Response to US Moves
April 07, 2025

The European Union reportedly hopes to reach a deal with the U.S. to remove and prevent the country’s new tariffs, but is ready to start implementing countermeasures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
From Cars to Clothes, Tariffs Cost Lower-Income Consumers $1,700 Annually
April 07, 2025

Less than a week into the new reality of tariffs, the impact to U.S. households is coming into sharper focus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
JPMorgan CEO: Tariffs Burdening ‘Already Weakening’ US Economy
April 07, 2025

JPMorgan’s CEO says America’s latest tariffs could dampen an economy that was “already weakening.” 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....

Economy
March Jobs Data May Keep Consumers on Edge as Unemployment Inches Up
April 04, 2025

The latest jobs report, released Friday (April 4), may prove to be a high-water mark for hiring — reflecting March’s surge before the maelstrom of tariffs and trade wars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Santander Sees Opportunity to Help Clients Navigate Volatility Amid Tariffs
April 04, 2025

Santander Executive Chair Ana Botín said Friday (April 4) that the bank sees an opportunity to help its customers manage the volatility brought on by U.S. tariffs and geopolitical uncertainty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Tariffs Drive Automakers to Adapt Quickly as Consumer Costs Climb
April 04, 2025

Likely no business vertical will emerge unscathed from the latest round of tariffs imposed by the President Donald Trump administration, but the automotive industry stands to be hit the hardest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Price Chaos Looms as Sweeping US Tariffs Upend Global Commerce
April 04, 2025

There are days when a plunge in the markets clears the air, and when sweeping global policy changes — from the top down, via the office of the president — might mark a shift in direction, but the overall path is well-charted. Get the Full...