Retail sales in the U.S. declined in April, according to the latest figures released by the Commerce Department. Retail sales were down 0.2 percent in April, following an unexpectedly large 1.7 percent jump in March (an upward revision of the 1.6 percent increase originally reported)....
Consumers in Canada filed 11,963 insolvencies in March, up 5 percent from a year ago and the highest number in eight years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Let’s hop into the time travel machine this Monday morning and go back to the year 1973. 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...
Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Online lenders in the U.S. including LendingClub, Kabbage, and Avant are gearing up for a slowdown in the economy and are taking a look at their risk exposure as they prepare for what they see as the inevitable. Get the Full Story Complete the form...
The International Monetary Fund (IMF) has released a new forecast about worldwide economic growth that shows the global economy is faltering, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Despite interest rates hovering near record lows, demand for loans by eurozone businesses was flat at the start of the year, increasing the likelihood the European Central Bank will have to make moves to boost the economy. Get the Full Story Complete the form to...
JPMorgan CEO Jamie Dimon’s shareholder letters are closely read for pearls of insight about the economy, the investment climate and even for nuggets about America’s standing in the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Following a slowdown in February, hiring in the United States rebounded in March, when non-farm payrolls rose by a seasonally adjusted 196,000 jobs. That figure exceeded a 175,000 increase from a survey of economists, The Wall Street Journal reported. Get the Full Story Complete the...
