JPMorgan Chase CEO Jamie Dimon declined to rule out the possibility of a recession in 2026, saying Tuesday (Oct. 7) that he will “hope for the best, plan for the worst.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Federal Reserve reportedly may be getting close to ending the reduction of assets on its balance sheet, a quantitative tightening process that began in 2022 as the central bank sought to reverse the asset purchases it made to stimulate the economy during the pandemic....
Tariffs are ramping up prices for U.S. consumer goods despite moderating inflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Goldman Sachs Group reportedly calculated that initial claims for unemployment benefits in the United States inched up from 218,000 to 224,000 during the week ended Saturday (Sept. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As of the end of September, this year has seen the highest number of job cuts since 2020 and the lowest amount of planned hiring since 2009, Challenger, Gray & Christmas said Thursday (Oct. 2). Get the Full Story Complete the form to unlock this...
Tariff risks and uncertainty have become systemic to businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Confidence drives consumer spending, and the health of the labor market underpins how secure households feel about loosening their wallets. As fall begins, the latest survey data shows consumers growing more cautious about both jobs and the economy, signaling potential headwinds for discretionary categories such...
New import levies have Americans facing the highest tariff rates in nearly a century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
This week’s Weekender takes a brisk, slightly irreverent lap around real, historical financial rescues, from J.P. Morgan’s locked-door diplomacy to depositors getting saved while shareholders didn’t. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
