Economy

Economy
Report: Early Holiday Sales Up 2.2 Pct. YOY
December 05, 2019

A new report by Bank of America Merrill Lynch Global Research said this holiday shopping season has been the best since 2013, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Markets
Citi Analyst: Reg Compliance Could Cut Quarter Of Facebook Stock Value
December 04, 2019

With a warning that regulatory risks could take away over a quarter of Facebook’s stock value, analyst Jason Bazinet noted that the social media firm “likely” encounters three threats in the long term from the U.S. government. Citigroup had moved coverage of Facebook to Bazinet,...

Economy
Q4 Economic Readings May Show Growth, After All
December 03, 2019

From no growth to, well, growth. From economic doldrums to a healthy, if not robust, picture. 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...

Economy
U.S. Economic Growth ‘Still On Track’
November 28, 2019

While the U.S. economy is going into the fourth quarter strong, there are concerns about weaker consumer spending this holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Consumers Drive Q3 US Economic Growth
November 27, 2019

October saw a rise in consumer spending, 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 required. yesSubscribe to our daily newsletter, PYMNTS Today....

Markets
NYSE Lobbies To Allow Fundraising With Direct Listings
November 27, 2019

The New York Stock Exchange (NYSE) wants to amend rules so that companies can go public through a direct listing, and raise capital from public market investors at the same time. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
US Businesses Tap The Brakes On Spending
November 24, 2019

Economic uncertainty and fear of the unknown have prompted big businesses to pull the plug on investments and reduce spending, The Wall Street Journal (WSJ) reported Sunday (Nov. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
November 17, 2019

The U.S. Federal Reserve Board has issued a warning about a possible stablecoin crisis and its impact on the global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Markets
RH Shares Soar After Berkshire Hathaway Stake Revealed
November 15, 2019

A filing with the Securities and Exchange Commission revealed that Berkshire Hathaway now owns 1.2 million shares of furniture retailer RH, formerly known as Restoration Hardware. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...