Main Street Shrugs at Tariffs, Banks on Growth
It seems like a massive disconnect. But for the payments industry, it’s an opportunity. One the one hand,…
Four Jobs Where Wages Are Outpacing Inflation
Wages have largely lagged behind inflation over the past few years, a shortfall attributed to a post-pandemic price…
Economist Mark Zandi says US is on ‘precipice of recession.’ How to weather the fallout if — or when — it hits
Mark Zandi, chief economist at Moody’s Analytics, raised concerns about the U.S. economy following the Bureau of Labor…
Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar
The recent batch of indicators has punctured the notion on Wall Street that the U.S. economy is bulletproof…
Tariff-Driven Price Hikes Rarer Among Consumer Brands
How are the world’s consumer brands dealing with ongoing U.S. tariffs? As Reuters noted in a report Thursday (July 31),…
Consumers Favor Debit In-Store, Credit and Wallets Online
A new report from PYMNTS Intelligence reveals a nuanced landscape of consumer shopping and payment habits, challenging some…
S&P 500 Rally Faces $11 Trillion Gauntlet of Big Tech Earnings
(Bloomberg) — The S&P 500 Index’s relentless advance to record highs faces a crucial test this week, with…
A Data Deluge Brings a ‘Moment of Truth’ for Markets This Week
Wall Street pros are staring down a pivotal week that will likely set the tone for the rest…
Trade Group Says Tourism Downturn Could Hurt US Retail
A downturn in travel could hurt not only the tourism industry in the United States, but also its…
There’s a ‘scary’ recession warning in the too-good-to-be-true data
Recent economic data have eased fears that President Donald Trump’s tariffs aren’t yet causing a downturn or spike…