Economy

Economy
US Businesses Tap The Brakes On Spending
November 24, 2019

Economic uncertainty and fear of the unknown have prompted big businesses to pull the plug on investments and reduce spending, The Wall Street Journal (WSJ) reported Sunday (Nov. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
November 17, 2019

The U.S. Federal Reserve Board has issued a warning about a possible stablecoin crisis and its impact on the global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
UK Sees Biggest Economic Slowdown In Nearly A Decade
November 11, 2019

The U.K. economy ducked a recession but the economy grew at its slowest annual rate since the third quarter in 2010, Reuters reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
The Jobs Report, Business Strength – And The Stubbornly Persistent Trade Credit Gap
November 01, 2019

Yes, the jobs report was strong, and yes, there had been a bit of caution coming into the Friday report on the heels of the General Motors strike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
US Household Spending Climbs
November 01, 2019

Consumers boosted their spending in September by 0.2 percent going into the fourth quarter, matching August’s increase but coming in slightly below economists’ expectations, The Wall Street Journal reported on Thursday (Oct. 31). Get the Full Story Complete the form to unlock this article and...

Economy
Tariffs, Trade Tensions Impact Auto Shipping
October 21, 2019

The lingering impacts of various trade wars are refashioning supply chains and slowing the flow of goods across borders and across various logistics corridors — including over the waves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to change that path. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
IMF: World Economy Will Grow Only 3 Pct In 2019
October 15, 2019

As the self-inflicted wounds of the trade war between the U.S. and China have made for a “precarious” economic state, the International Monetary Fund (IMF) said worldwide growth is slated to drop to its slowest rate since the global recession in 2009. Get the Full...

Economy
World Bank Downgrades India’s GDP Forecast
October 13, 2019

The World Bank has downgraded India’s GDP forecast due to a decrease in domestic demand. 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,...