Economy

Economy
Wholesale Inventories Declined 0.5% in December, Matching Economists’ Expectations
February 07, 2025

U.S. wholesale inventories declined 0.5% in December compared to the previous month and declined 0.1% compared to December 2023, the Commerce Department said in a Friday (Feb. 7) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Job Growth Slows but Remains Healthy
February 07, 2025

Job growth slowed in January while remaining “solid” and “healthy,” analysts said Friday (Feb. 7). 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
Will Decline in Job Openings Lead to Cautious Spending by Consumers?
February 05, 2025

A report this week that job openings slipped in December, right at a time when a steady number of employees were leaving the workforce, poses the question as to whether there might be an imbalance looming in the job market — where the trend is...

Economy
EU Aims ‘Bazooka’ at Big Tech in Response to Trump Tariffs
February 05, 2025

The European Union is reportedly prepared to retaliate if President Donald Trump imposes threatened tariffs. 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
Job Openings Decline Points to Slowing but Steady Labor Market
February 04, 2025

The number of job openings decreased by 556,000 in December and stood at 7.6 million on the last business day of the month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Insured Unemployment Drops by 42,000 After Hitting 3-Year High
January 30, 2025

Initial claims for unemployment benefits fell more than expected last week, while the insured unemployment number dropped by 42,000 after hitting a three-year high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Concern About Labor Market Conditions Drives Decline in Consumer Confidence
January 28, 2025

Consumer confidence declined in January but remained within the narrow range it has been in since 2022, The Conference Board said Tuesday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Number of Americans Receiving Unemployment Insurance Reaches 3-Year High
January 23, 2025

New unemployment insurance data reportedly suggests that the labor market remains solid but that workers who do get laid off are having a harder time finding a new job. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Report: Job Market ‘Healthy’ Despite Higher-Than-Expected Unemployment Claims
January 16, 2025

Jobless claims reportedly rose more than expected last week, but media reports said these numbers are typically volatile at the beginning of a new year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...