Economy

Economy
Global Debt Spike Has Some Central Bankers Worried
September 09, 2019

As the U.S.-China trade war continues and economies take a dive, already low global interest rates could drop even further, The Wall Street Journal reported on Sunday (Sept. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Data Shows China Slowdown Much Worse Than China Admits
September 09, 2019

China’s second-quarter economic data shows a 6.2 percent growth; however, economists and investors believe the numbers are worse than what is being officially released, The Wall Street Journal reported. China’s reported data came in close to Beijing’s target, a figure that has been published quarterly...

Economy
Amid Trade War, US Job Growth Misses Estimates
September 06, 2019

The trade war, indirectly, seems to have had an impact on hiring. 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, PYMNTS Today. By...

Economy
New Tariffs On Clothes, Shoes To Hit Consumers In The Wallet
September 02, 2019

After the President Donald Trump administration added 15 percent tariffs to $112 billion of goods from China on Sunday (Sept. 1), China responded by imposing additional tariffs on U.S. goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Connecting The Dots: Consumer Confidence, Inventories Tell Separate Economic Tales 
August 28, 2019

Economic data points are frozen in time – and yet taken collectively tell tales.  The latest readings on consumer confidence and on business inventories and shipments seem to hint at some divergence in how consumers see their near term fortunes and businesses see theirs….question is:...

Economy
Do Soft US Business Investments Mean A Bumpy Holiday Season On Horizon?
August 26, 2019

Does a softness in investment activity by U.S. firms hint at a rocky fourth quarter and bumpy holiday spending season? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
Girding for the $17 Trillion Negative Interest Rate Debt Trap
August 26, 2019

The world is awash in debt marked by negative interest rates. It’s a $17 trillion warning sign of overextended corporate borrowing and lending, CreditRiskMonitor CEO Jerry Flum tells Karen Webster that this time it’s different — and China looms as a factor in how it...

Economy
July Retail Sales Boost: Consumers Spend Big On Clothes And Food
August 19, 2019

Data paint a portrait — rarely a photo in stark relief, usually more along the lines of an impressionist painting. Connect the dots a bit, among far-flung data points, and the impression that emerges is … the consumer is holding up, and actually doing just...

Economy
US CEOs Support Putting Ethics Before Profits
August 19, 2019

Almost 200 CEOs at The Business Roundtable, a meeting of executives from corporations like JPMorgan, Apple and Amazon, have redefined the “purpose of a corporation,” according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...