Economy

Economy
Coronavirus: AliExpress Warns Of Potential Delays; Marketplaces Tackle Overpriced Listings
March 03, 2020

The coronavirus could have wide-reaching effects on eCommerce, investments and the economy as a whole. Here are the latest updates on its impacts around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Coronavirus: Costco Sees Lines Over The Weekend, Goldman Sachs Tells Staff To Delay Inessential Int’l...
March 02, 2020

The coronavirus has wide-reaching effects on warehouse clubs, business travel, tourism and the economy as a whole. Here are the latest updates on its impacts around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Markets
Trading App Robinhood Sees Large Outage
March 02, 2020

Robinhood, a trading app used frequently by younger traders, experienced a large outage on Monday (March 2), according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
US Consumers Remain Resilient Despite Q4 GDP Revisions
February 27, 2020

One of the most enduring stories of the record economic expansion that has marked the past decade has been the resilience of the U.S. consumer. And where the consumer goes, powering roughly two-thirds of the GDP, so goes the economy. Get the Full Story Complete the...

Economy
PayPal Warns Of Q1 Revenue Hit From Coronavirus
February 27, 2020

PayPal said that after thoroughly analyzing the evolving Coronavirus effect, it is anticipating about a 1 percent drop in its first-quarter 2020 revenue, closer to the lower end of the forecasted range of $4.78 to $4.84 billion. Get the Full Story Complete the form to...

Economy
Index Reflects Stalled US Consumer Confidence
February 25, 2020

The consumer confidence index, which measures people’s assessment of the business and labor environment, rose less than expected for the month of February, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Fed’s Bullard Sees Coronavirus As Having ‘Short-Term’ Impact
February 21, 2020

Call the Coronavirus a short-term blip, perhaps, or a temporary shock. 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...

Economy
N26’s UK Customers Scramble After Bank’s Exit
February 18, 2020

Online bank N26‘s decision to exit the U.K. has customers feeling left behind, CNBC reported. The Berlin-based digital bank said it would not be able to operate in the country anymore in the wake of Brexit, as it will no longer have a license to...

Economy
Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises
February 16, 2020

A warm January led to utilities dropping 4 percent for the month as Americans reduced their reliance on heat, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...