Recession

CFOs Shore Up Cash and Liquidity Beneath Economic Clouds

CFOs Shore Up Cash and Liquidity Beneath Economic Clouds
CFOs Shore Up Cash and Liquidity Beneath Economic Clouds
November 16, 2022  |  CFO

A new survey from PYMNTS shows that a majority of CFOs expect the economy will slide into recession in the near future, a prediction that...

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Holiday Spending a Focus of New PSCU Payments Index Report
Holiday Spending a Focus of New PSCU Payments Index Report
November 15, 2022  |  Shopping

Consumer purchasing growth for credit cards in October was the lowest of 2022, while growth for debit remained where it has been throughout the year,...

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Report: Amazon to Lay Off 10,000 Employees
Report: Amazon to Lay Off 10,000 Employees
November 14, 2022  |  Amazon

Amazon is reportedly looking to lay off approximately 10,000 employees this month, the first and largest such move in the company’s history. Get the Full...

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Walmart Tells Suppliers No to Higher Prices
Walmart Tells Suppliers No to Higher Prices
November 13, 2022  |  Walmart

With the economy slowing, Walmart’s CEO is warning suppliers that the retail giant is through paying higher prices. Get the Full Story Complete the form...

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Layoffs Loom at Disney as Company Looks to Cut Costs
Layoffs Loom at Disney as Company Looks to Cut Costs
November 13, 2022  |  Streaming

Disney will likely lay off employees as the entertainment goliath embarks on a cost-trimming project, part of a wave of job cuts hitting the media...

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Paycheck-to-Paycheck Economy’s Gloom Is Bad News for Retailers
Paycheck-to-Paycheck Economy’s Gloom Is Bad News for Retailers
November 09, 2022  |  Economy

The paycheck-to-paycheck economy is bifurcating as inflation rages and consumers fret over an uncertain future, with one group of customers who cannot spend, and another...

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Slowdown in eCommerce Contributes to Amazon Losing $1T in Market Value
Slowdown in eCommerce Contributes to Amazon Losing $1T in Market Value
November 09, 2022  |  Amazon

In an environment of falling values of stocks in the tech and growth sectors and economy-wide fears of a recession, Amazon has reportedly become the...

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Inflation Stokes Recession Fears While Slamming Retail Earnings
Inflation Stokes Recession Fears While Slamming Retail Earnings
November 09, 2022  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Carvana Expects Used Car Industry to Remain Challenging in 2023
Carvana Expects Used Car Industry to Remain Challenging in 2023
November 03, 2022  |  eCommerce

Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....

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