inflation

U Mich Survey Shows 40% Consumer Sentiment Uptick Since June 2022
U Mich Survey Shows 40% Consumer Sentiment Uptick Since June 2022
September 13, 2024  |  Economy

There was a slight improvement in consumer sentiment this month, as inflation’s heady pace ticked lower. But while the University of Michigan’s preliminary reading for...

READ MORE >
Car Payments Squeeze Consumers as Debt Mounts
Car Payments Squeeze Consumers as Debt Mounts
September 13, 2024  |  Debt

The money consumers saved during the pandemic has been spent. Savings are pressured, and credit card debt is mounting. When it comes to keeping current...

READ MORE >
Consumer Delinquency Rates Decline as Inflation Slows
Consumer Delinquency Rates Decline as Inflation Slows
September 13, 2024  |  Loans

More consumers are making their loan payments on time, aided by slower inflation and other trends. Late payments on loans have leveled off after increasing...

READ MORE >
Taking Control of Costs: New Tech Makes Business Spend Management Easier
Taking Control of Costs: New Tech Makes Business Spend Management Easier
September 12, 2024  |  B2B Payments

For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working simultaneously: increasing...

READ MORE >
Bump in Jobless Claims Underscores Consumer Caution Around Spending
Bump in Jobless Claims Underscores Consumer Caution Around Spending
September 12, 2024  |  Economy

Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about...

READ MORE >
Holiday eCommerce Sales Projected to Rise Despite Inflation
Holiday eCommerce Sales Projected to Rise Despite Inflation
September 12, 2024  |  Retail

A new report suggests Americans will slow their holiday spending this year compared to 2023. The annual holiday retail forecast from consulting firm Deloitte, released Thursday (Sept. 12),...

READ MORE >
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
September 11, 2024  |  Economy

The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. The...

READ MORE >
Could Generational Change Be The Next Wild Card For Financial Services?
Could Generational Change Be The Next Wild Card For Financial Services?
September 11, 2024  |  Opinion

Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS...

READ MORE >
Census Bureau: Household Income Climbed 4% in 2023
Census Bureau: Household Income Climbed 4% in 2023
September 10, 2024  |  Economy

American household incomes increased 4% last year, the first significant increase since before the pandemic, according to the Census Bureau. The data showed that real...

READ MORE >