Economy

Economy
US Firms Slash Planned Expenses As Confidence Dips
August 18, 2019

Fears over the United States/China trade war and slowing global growth are causing many U.S. companies to cut down their plans for spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Why The Tariff Delays Do Not Equal Christmas In August
August 13, 2019

On second thought, hold the tariffs. 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 completing this form, you agree to...

Economy
Average US Credit Card Rates Top 27 Pct. In May
August 06, 2019

It costs more than ever to pay with a credit card in the U.S., with many consumers paying 17 percent, the highest rate in the 25 years the Federal Reserve has made the calculation, the Financial Times reported on Tuesday (Aug. 6). Get the Full...

Economy
Nonfarm Payrolls Rose 164K In July
August 02, 2019

In a new indication that the economy has stabilized as the Fed moved to reduce interest rates, hiring in the United States slowed in July but fell in line with estimates. The Labor Department said on Friday (August 2) that nonfarm payrolls increased by 164,000...

Economy
Commercial Paper Surge Signals Corporates’ Economic Doubt
July 19, 2019

Corporate treasurers and chief financial officers are on the defensive, issuing short-term commercial paper at their fastest pace since 2011, according to reports in Bloomberg this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Debt Loads Hobble Chinese Firms
July 09, 2019

There’s an old saying in investing, which, paraphrased, works out to “you only find out who is swimming naked when the tide goes out.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Revolving Credit Balances Rise 5 Pct In May
July 08, 2019

The debt balances climb ever higher. 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 completing this form, you agree to...

Economy
India’s Struggling Alt Lending Sector A Risk To Economy
July 05, 2019

The non-bank lending sector in India has seen a few defaults and failures, and has reduced consumer and business credit, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Jobs Report Shows Unemployment Near Record Low
July 05, 2019

The U.S. economy added 224,000 jobs in June, which is the best gain since the start of the year, and the unemployment rate is near a 50-year low. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...