market conditions

Robinhood Debuts Sherwood Media to Cover Finance News
Robinhood Debuts Sherwood Media to Cover Finance News
January 17, 2023  |  Economy

Trading platform Robinhood is getting deeper into the news business. The company, which has long offered the financial newsletter Snacks, said Tuesday (Jan. 17) it...

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Recession Number One Fear Among CEOs
Recession Number One Fear Among CEOs
January 15, 2023  |  Economy

CEOs are worried about a recession and expect 2023 to offer little economic growth. That’s according to a recent survey by the Conference Board, which...

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Hectic Earnings Week Could Bring Harbingers of Recession
Hectic Earnings Week Could Bring Harbingers of Recession
January 15, 2023  |  Economy

With more than 250 companies set to report earnings this week, analysts and economists are on high alert for anything that signals a recession. This,...

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Report: Tech Firms Get Back to Basics Amid Rising Layoffs
Report: Tech Firms Get Back to Basics Amid Rising Layoffs
January 15, 2023  |  Economy

Will 2023 be the year Big Tech companies think less big? A report Saturday (Jan. 14) by the Wall Street Journal (WSJ) argues that tech...

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LendingClub Cutting 225 Jobs as ‘Historic’ Rate Hikes Throttle Demand
LendingClub Cutting 225 Jobs as ‘Historic’ Rate Hikes Throttle Demand
January 12, 2023  |  Personnel

LendingClub is cutting 225 jobs as demand for loans falls due to rising interest rates. The cuts — which amount to 14% of the digital...

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QSRs Face Do-or-Die Decisions Over Value Menus
QSRs Face Do-or-Die Decisions Over Value Menus
January 11, 2023  |  Restaurant innovation

Inflation is putting QSRs in a bind with menu pricing, with all options posing serious challenges. While some major brands are scaling back their value...

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Inflation Reveals Generational Divide in Restaurant Spending Cuts
Inflation Reveals Generational Divide in Restaurant Spending Cuts
January 11, 2023  |  Economy

As economic pressures continue, consumers across demographics are making changes to their restaurant purchasing behaviors. The December edition of PYMNTS’ Restaurant Digital Divide study, The...

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As Crypto Contagion Spurs Coinbase Layoffs, Bitcoin is Remarkably Steady
As Crypto Contagion Spurs Coinbase Layoffs, Bitcoin is Remarkably Steady
January 10, 2023  |  Bitcoin

As the crypto industry contagion continues to spread and add casualties, bitcoin is conversely looking steady. Bitcoin, the first and most widely recognized virtual currency,...

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New York Fed Report Sees Some Inflation Relief Despite Consumer Fears
New York Fed Report Sees Some Inflation Relief Despite Consumer Fears
January 09, 2023  |  Economy

Consumers’ inflation perceptions are consistently higher than government figures. The Federal Reserve Bank of New York’s closely watched Survey of Consumer Expectations for December, released...

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