The Organization for Economic Cooperation and Development (OECD), a consortium of 34 nations worldwide, has warned that the U.S. and other large economies are poised to experience slowdowns this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Federal Reserve Chairman Jay Powell said that an extended government shutdown could be damaging to the U.S. economy, according to a report in Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
By any reckoning, there may be a reckoning coming for stocks. The December no one wants to remember is in the rearview mirror, while January has shown some real continued volatility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Even amid declines in the financial markets, employers in the United States brought more jobs into the economy in December at the quickest cadence in months. At the same time, average hourly earnings notched their top full-year gains in years during the month, The Wall...
Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The trade war between the United States and China has ended up costing billions of dollars for both sides during 2018, with agriculture feeling the most pain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
What a difference a decade makes. Ten years ago, consumer confidence had slipped to an all-time low, and consumer spending followed it down the rabbit hole. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
American consumer confidence faltered in the month of December to the lowest level its been since July, and by the most in 41 years, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
