December 16, 2016
Slow Productivity Growth, Income Inequality Are Among Problems Facing US
On Thursday (Dec.15), the White House released its annual Economic Report of the President, which highlights what economists in the White House determined to be the toughest problems impacting economic...
December 15, 2016
Beyond The Fed, What’s Next For Market
The Fed’s decision is finally in. As had been widely, if not almost universally, expected, the Federal Reserve Bank boosted its benchmark rate today, the first time it has done...
December 14, 2016
Online Shopping Up, Local Communities Down
As eCommerce gains more clicks and more transactions, online shopping sales have increased to a breaking 15 percent over last year. U.S. consumers spent $12.8 billion online, according to Villanova...
December 14, 2016
Local Communities Feel ‘No Free Lunch’ This Holiday Season
As economists say, “There’s no such thing as a free lunch.” Meaning, someone is always paying for it in some way. And as the online shopping continues to click along...
December 09, 2016
In US, Jobless Claims Dip From Recent Peaks
The Labor Department said Thursday (Dec. 8) that filings for unemployment in the United States slipped from a five-month high, a showing that hints of continued strength within the labor...
December 02, 2016
For Jobs Report, Glass Half-Empty or Half-Full?
The first jobs report post the surprise (and for many, shock) of Donald Trump’s election can be viewed, as so much in life and in markets, through a glass —...
December 01, 2016
Auto Lenders’ Subprime Delinquencies Climb
The Federal Reserve Bank of New York is not quite sounding the alarm bell for auto lenders, but they are certainly trying to draw some attention to the issue. Subprime borrowers,...
December 01, 2016
Consumers Still Carrying US Economic Growth
In the United States, the consumer seems poised to keep on spending — carrying economic growth higher in the process, for at least the next few months. Data released Wednesday...
November 22, 2016
Fed Stays The Course On Rates; Will Stocks Dip?
The more things change, the more they may stay the same … when it comes to interest rates. Two words came from the Fed chair last week that show that...
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.
