economy

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

Retailers Rewrite Playbooks as Consumers Tighten Budgets, Shift Spending

Retailers Rewrite Playbooks as Consumers Tighten Budgets, Shift Spending
Retailers Rewrite Playbooks as Consumers Tighten Budgets, Shift Spending
December 17, 2024  |  Consumer Insights

Retailers across the U.S. are confronting a new era of cautious spending as consumers tighten their belts in response to ongoing economic pressure. Inflation, rising...

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Booking CFO: Inflation Continues to Scare US Travelers
Booking CFO: Inflation Continues to Scare US Travelers
December 17, 2024  |  Travel Payments

Booking.com says the impact of inflation continues to hamstring the U.S. travel industry. Get the Full Story Complete the form to unlock this article and...

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CFPB: High Interest Rates Drove ‘Significant Decline’ in Mortgage Lending in 2023
CFPB: High Interest Rates Drove ‘Significant Decline’ in Mortgage Lending in 2023
December 13, 2024  |  CFPB

Residential mortgage lending activities showed a “significant decline” in 2023, the Consumer Financial Protection Bureau said Friday (Dec. 13). Get the Full Story Complete the...

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Payments Choice Will Help Surging Retail Startups Thrive, Not Just Survive
Payments Choice Will Help Surging Retail Startups Thrive, Not Just Survive
December 11, 2024  |  Startups

Starting a new business is an exercise in optimism. Entrepreneurs see an opportunity, often a local one — a vacuum where demand is there to...

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Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
Rising Card Delinquencies May Push Subprime Consumers to BNPL and Debit Installment Plans
December 11, 2024  |  Consumer Insights

Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime...

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Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024  |  Economy

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...

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Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
December 11, 2024  |  Legal & Regulation

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. Get the Full Story Complete the form to...

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Millennials Forgo Homeownership and Boost Rent-to-Build Market
Millennials Forgo Homeownership and Boost Rent-to-Build Market
December 11, 2024  |  Real Estate

With homeownership increasingly out of reach, many millennials are turning to high-end rentals. Get the Full Story Complete the form to unlock this article and...

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