The paydowns earlier this year were temporary. And as the latest consumer credit data from the Federal Reserve on Friday (June 6) indicated, consumers turned...
The share of venture capital (VC) investors who expect VC funding to rise over the next year has fallen by 20 percentage points over the...
Business executives don’t feel they can pass the full cost of tariffs along to customers, as they did in 2018, according to researchers at the...
A month and a half since the Federal Reserve’s last Beige Book, which takes the pulse of the economy through observations of businesses and community...
Just before tariffs took root in April, PYMNTS Intelligence found in its “Certainty Project” report that a majority of firms across various sectors anticipated higher...
Dollar General’s same-store sales increased 2.4% and its financial results exceeded internal expectations in the quarter ended May 2, as higher-income consumers came to its...
Auto sales reportedly returned to a normal level in May after spiking for two months when consumers sought to make purchases before new tariffs set...
The U.S. economy remains solid, but tariff-driven uncertainty is complicating the Federal Reserve’s efforts to balance price stability and maximum employment, Federal Reserve Governor Lisa...
Temu reportedly lost 58% of its eCommerce platform’s daily U.S. users in May after the U.S. ended the de minimis exemption on imported goods from...