wages

Consumer Confidence Drops to 2-Year Low as Paycheck-to-Paycheck Segment Struggles
Consumer Confidence Drops to 2-Year Low as Paycheck-to-Paycheck Segment Struggles
September 24, 2024  |  Economy

For lower-income consumers, the most vulnerable subset of the paycheck-to-paycheck economy, the outlook is, in a word … gloomy. As measured in the latest reading...

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Instant Payroll Could Cut Costly Employee Turnover
Instant Payroll Could Cut Costly Employee Turnover
September 24, 2024  |  Money Mobility

Workers are growing increasingly frustrated with the slow pace of traditional payroll and outdated biweekly pay periods, especially in today’s economic climate, where many live...

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S&P Global Says Companies Raising Prices Amid Increased Input Costs
S&P Global Says Companies Raising Prices Amid Increased Input Costs
September 23, 2024  |  Economy

September has seen prices rise at the fastest rate in six months, S&P Global said Monday (Sept. 23), attributing it to increasing input cost growth....

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DailyPay to Expand Earned Wage Access Services to UK
DailyPay to Expand Earned Wage Access Services to UK
September 23, 2024  |  Disbursements

DailyPay will expand its earned wage access (EWA) services to the United Kingdom this fall. The solution, which will mark the company’s first expansion outside...

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One Size Fits All Misses the Digital Payments Mark
One Size Fits All Misses the Digital Payments Mark
September 18, 2024  |  Digital Payments

Ask 10 people what the concept and execution of “digital engagement” mean, and you’ll get 10 different answers. For Serena Smith, chief client officer of...

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Amazon Adds Earned Wage Access Offering for Delivery Service Partners
Amazon Adds Earned Wage Access Offering for Delivery Service Partners
September 12, 2024  |  Amazon Delivery

Amazon invested another $2.1 billion in its Delivery Service Partner (DSP) program designed to help small business entrepreneurs build delivery companies. This addition brings the...

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Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
September 11, 2024  |  Economy

The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. The...

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Census Bureau: Household Income Climbed 4% in 2023
Census Bureau: Household Income Climbed 4% in 2023
September 10, 2024  |  Economy

American household incomes increased 4% last year, the first significant increase since before the pandemic, according to the Census Bureau. The data showed that real...

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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

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