Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. According to findings detailed in “The Credit Economy: How Consumers Financed Their Summer Travel,” a collaboration between PYMNTS Intelligence and i2c, close to two-thirds of consumers had summer travel on their...
Market shifts and macro turmoil have savvy CFOs examining internal processes to ensure sustainable growth. “I think every CFO right now is concerned about macroeconomics,” Arlen Shenkman, president and CFO at Boomi, told PYMNTS in a recent conversation. “When you’re in a rising interest rate...
Robert Cashman, president and CEO at Metro Credit Union, tells PYMNTS how credit unions (CUs) can be a port in a storm for members hurting under current economic conditions. — Despite positive economic signs, consumers are still feeling the pain. With talk of a future...
Consumers are feeling the impact of high inflation. Prices in October were 7.7% higher than the year before, and though prices have dropped somewhat in recent months, inflation remains well above the Federal Reserve’s desired level of 2%. Worryingly, 77% of fund managers believe a...
October 12, 2023
Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. According to findings detailed in “The Credit Economy: How Consumers Financed Their Summer Travel,” a collaboration between PYMNTS Intelligence and i2c, close to two-thirds of consumers had summer travel on their agenda, and nearly one-third anticipated more travel this summer compared […]
April 05, 2023
Market shifts and macro turmoil have savvy CFOs examining internal processes to ensure sustainable growth. “I think every CFO right now is concerned about macroeconomics,” Arlen Shenkman, president and CFO...
December 21, 2022
Consumers are feeling the impact of high inflation. Prices in October were 7.7% higher than the year before, and though prices have dropped somewhat in recent months, inflation remains well...
December 07, 2022
High inflation and the threat of an imminent recession make it increasingly difficult for all firms, and the current economic landscape particularly curbs the optimism of Main Street small to...
October 16, 2023
As the holiday shopping season approaches, Walmart has announced that it is will not hire additional staff to serve customers during this peak period. This comes as other major U.S. retailers, concerned about a potential slowdown in seasonal shopping, rising labor costs and economic uncertainties, are scaling back on their typical hiring sprees, according to […]
