Economy

Economy
2020 Economy Off To A Slow Start
February 14, 2020

Both factory output and a key measurement statistic for retail sales were down in January, signaling a slow start to the economy this year, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
N26 Exits UK Post Brexit
February 11, 2020

FinTech bank N26, based in Germany, will no longer operate in the U.K. following Brexit, according to reports. N26 customers will need to transfer deposits, spend all their money or withdraw funds before their accounts close on April 15, 2020. Get the Full Story Complete the...

Economy
UK Will Use Border Controls After Brexit For EU Imports
February 10, 2020

The U.K. said it is going to start putting import controls on goods coming in from the European Union after the Brexit transition finishes at the end of this year, according to a report by Reuters. Get the Full Story Complete the form to unlock...

Economy
U.S. Hiring Remains Strong With 225K Jobs Added
February 07, 2020

January saw gains in U.S. employment as more people joined the labor market, 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 to all PYMNTS content — no additional...

Economy
US Economy Could Lose $10B To Chinese Travel Ban 
February 05, 2020

China’s outbreak of the coronavirus has triggered travel bans that could end up costing the U.S. economy $10.3 billion in lost tourism dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Markets
Cashless Growth Pushes Visa, Mastercard Stock Up 50 Pct. In Past Year
January 31, 2020

Analysts believe that both Visa and Mastercard have potential to join tech giants like Apple and Amazon in the $1 trillion value club, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
VC Funding Helps UK FinTechs Weather Brexit
January 31, 2020

Today marks a red letter day in Europe, to be sure. Perhaps especially so for FinTechs across the Pond. 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...

Economy
GDP Data May Hint At Consumer Spending Slowdown
January 30, 2020

The U.S. economy is still showing growth, yes, but growth is slowing — and may be slowing enough to stir up some caution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Survey: US Firms’ Employment Activity Has Leveled Out
January 27, 2020

With the newest indication that the labor market might have reached its apex and job growth could decelerate in 2020, an even portion of U.S. companies registered employment increases and decreases for the first time in 10 years. The survey findings from the National Association...