Economy

Economy
Home Improvement Spending Rises 1.5 Pct In Q4
January 20, 2020

The home repair and remodeling market has been declining in the last year, but some recent indicators in the economy show that the industry could be heading for a rebound, according to a report by the Associated Press. Get the Full Story Complete the form...

Economy
India’s Sluggish Economy Drags Down Global Growth Forecasts
January 20, 2020

The International Monetary Fund (IMF) has slashed its forecasts for growth of the global economy, calling it sluggish, and said there isn’t any sign on the horizon that things are going to turn around, according to a report by CNBC. Get the Full Story Complete...

Economy
US, China Sign Partial Trade Agreement
January 15, 2020

The signing of a partial trade agreement between the U.S. and China means goods and services will flow again, but uncertainties could still weigh on the global economy in 2020, according to reports Wednesday (Jan. 15). Get the Full Story Complete the form to unlock...

Economy
Job Growth Continues For Tenth Consecutive Year
January 10, 2020

The U.S. economy continues its upward trajectory with 145,000 jobs added in December. This makes for a decade of steady payroll growth, which is the longest stretch in 80 years, according to a report by The Wall Street Journal. Get the Full Story Complete the...

Economy
Survey: CFOs Warn Of Slowing Economy In 2020
January 09, 2020

Deloitte did a survey of chief financial officers (CFOs) at major U.S. companies, and CFOs say the economy is headed toward a slowdown and the stock market is overvalued, according to a report by CNBC. Get the Full Story Complete the form to unlock this...

Economy
Wages At Smaller Firms Reach Record High 
January 01, 2020

Small business employees are seeing fatter weekly paychecks, with an increase of 4.1 percent year-end, a nine-year high, CNBC reported on Wednesday, Jan. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
JPMC Co-CEO Sees Big Tech As ‘Real Competitors’ In 2020
December 27, 2019

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase, told CNBC in an interview that 2020 will likely see sturdy economic growth of about 1.5 percent or 1.8 percent in the United States. Get the Full Story Complete the form to unlock this...

Economy
Big Banks Surge Amid Strong Holiday Spending
December 26, 2019

Some of the largest U.S. banks, like JPMorgan Chase, Bank of America (BoA) and Citigroup, gained as consumers spent during a robust holiday season, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Unemployment Claims Fell 13K Week Before Holiday
December 26, 2019

The number of people in the U.S. who are filing for unemployment continues to fall, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...