Economy

Markets
Finablr Exploring Options After NMC Health Link Tanks Stock
March 05, 2020

Finablr, which owns a number of currency-exchange businesses, including Travelex, is weighing its options after its stock took a hit due to association with health operator NMC Health, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...

Markets
Coronavirus Prep, Biden Wins Propel Stocks Up
March 04, 2020

U.S. stocks soared on Wednesday (March 4) on news of Joe Biden’s Super Tuesday results and a commitment by Congress to earmark $8 billion to fight the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Markets
Robinhood Provides Discount To Make Up For Outage
March 04, 2020

After its systems went down as the markets bounced back from the most unfavorable week as of the financial crisis in 2008, the Robinhood trading app vowed to offer compensation for users. The app was not up and running on Monday, as the Dow increased by...

Economy
Gauging Coronavirus Ripple Effects (And Limitations) On Interest Rates — And Borrowing
March 04, 2020

This week has seen the twin impacts of panic and policy. 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...

Markets
Robinhood Outage Triggers Lawsuit Threat By Angry Users
March 04, 2020

After being down for a full day of trading on Monday (March 2), the Robinhood stock trading app restored service on Tuesday and emailed customers an explanation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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...