economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

This Week in Payments: AmEx Launches a Checking Account, Consumer Financial Health Worsens and Everyone Ponders the Post-COVID Future

This Week in Payments: AmEx Launches a Checking Account, Consumer Financial Health Worsens and Everyone Ponders the Post-COVID Future
This Week in Payments: AmEx Launches a Checking Account, Consumer Financial Health Worsens and Everyone...
February 11, 2022  |  Digital Payments

The launch of an American Express all-digital checking account, a dip in the quality of consumers’ financial health and the changes at Peloton were in...

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Visa: Omicron’s Spending Impact Less Than Past Variants
Visa: Omicron’s Spending Impact Less Than Past Variants
February 10, 2022  |  Economy

COVID-19’s omicron variant had less of an impact on U.S. spending than previous stages of the outbreak. Get the Full Story Complete the form to...

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Inflation Reaches 7.5%, Breaking 40-Year Record
Inflation Reaches 7.5%, Breaking 40-Year Record
February 10, 2022  |  Economy

Consumer prices rose 7.5% over the past year, the highest rate of inflation since 1982, according to figures released Thursday (Feb. 10) by the U.S....

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PYMNTS Intelligence: 61% of the US Population Living Paycheck to Paycheck
PYMNTS Intelligence: 61% of the US Population Living Paycheck to Paycheck
February 09, 2022  |  Consumer Finance

A perfect storm of pandemic economic pressures is driving more working Americans to have to make ends meet between paychecks — a situation that isn’t improving...

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Wall Street Jitters Over Market Volatility Put IPOs on Ice
Wall Street Jitters Over Market Volatility Put IPOs on Ice
February 09, 2022  |  IPO

The once super-hot arena for initial public offerings (IPOs) is being put on ice as Wall Street jitters over market volatility send startups turning to...

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US Household Debt Increased $333B in Q4 of 2021
US Household Debt Increased $333B in Q4 of 2021
February 08, 2022  |  Debt

Total U.S. household debt increased 2.2%, or $333 billion, to $15.58 trillion in the fourth quarter of 2021, according to a Tuesday (Feb. 8) press...

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Consumers Facing “Airline Pricing” On Everyday Items
Consumers Facing “Airline Pricing” On Everyday Items
February 04, 2022  |  Retail

Rising labor, shipping and production costs — coupled with ongoing COVID-19-related shortages — have led retailers to raise prices on everyday items, often multiple times...

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Employers Add 467K Jobs Despite Omicron’s Shadow
Employers Add 467K Jobs Despite Omicron’s Shadow
February 04, 2022  |  Economy

Economists and analysts preparing for a gloomy jobs report got a surprise when payroll employment rose by 467,000 in January, and the unemployment rate was...

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