May 04, 2017
Declining Auto Sales Show Seven-Year Growth Might Be Over
U.S. auto sales fell for the fourth straight month, declining 4.7 percent in April — the biggest slowdown of the year, and a strong indication that 2017 will put an end to seven...
May 02, 2017
Is It Officially Time To Start Worrying About Consumer Credit?
Signs of increasing weakness in consumer credit have been mounting for the last several months. Auto lending, particularly to subprime borrowers, has been looking especially concerning as delinquencies and default...
April 28, 2017
GDP Growth Slows Markedly — And Possibly Temporarily — In...
Slow going, at least for now. The U.S. economy showed growth, albeit muted, in the first quarter of 2017. And in fact, the latest numbers out from the government show...
April 27, 2017
As Consumers Take On More Debt, Credit Card Losses Rise
As U.S. consumers become more comfortable with carrying higher levels of debt, the biggest credit card companies reported an increase in chargeoffs in their portfolios during the first quarter of...
April 21, 2017
Bank Of America Beats Q1 Expectations, CEO Says Economy Healthy
Things are looking far different for Bank of America compared to a few years back. And while the prospect of more interest rate hikes and a recent decline in treasury...
April 13, 2017
Looking Past Jobs And At Interest Rate Hikes (Sooner Rather...
What to make of the jobs and wages data that, newly in the rearview mirror, are harbingers, or not, of things to come on the employment front? To recap, the...
April 12, 2017
Job Openings At Multi-Month Highs
Amid a slew of economic data released by government agencies tied to February and March, job openings across the United States were at a seven-month high as measured in February....
April 12, 2017
Today In Data: Small Business Growth On The Rise
While small businesses have certainly seen the impact of big business on their profits over the years, the tides may be turning. Data from the New York Federal Reserve shows...
April 11, 2017
Credit Card Debt Tops $1 Trillion
Credit card debt has surpassed the $1 trillion market in the U.S., joining student loan and auto debt to reach more than $1 trillion. According to a report in The...
With 96% of corporates that offer earned wage access saying it helps attract new talent, and 75% of millennials saying that it would influence their acceptance of a job offer, it’s obvious why almost two-thirds of employers see earned wage access as a low-cost tool for employee recruitment and retention. PYMNTS examines the trend in the latest issue of the “Money Mobility Tracker®,” a collaboration with Ingo Money.
