Online lenders in the U.S. including LendingClub, Kabbage, and Avant are gearing up for a slowdown in the economy and are taking a look at their risk exposure as they prepare for what they see as the inevitable. Get the Full Story Complete the form...
Shares in the ride-hailing company Lyft dropped 7.3 percent on the news that rival Uber was looking for a valuation of between $90 billion and $100 billion ahead of its initial public offering (IPO), according to reports. Get the Full Story Complete the form to...
The International Monetary Fund (IMF) has released a new forecast about worldwide economic growth that shows the global economy is faltering, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Despite interest rates hovering near record lows, demand for loans by eurozone businesses was flat at the start of the year, increasing the likelihood the European Central Bank will have to make moves to boost the economy. Get the Full Story Complete the form to...
Shares of Lyft increased as much as 4 percent on Friday (April 5) after short-seller Citron Research recommended that investors hold on to the stock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
JPMorgan CEO Jamie Dimon’s shareholder letters are closely read for pearls of insight about the economy, the investment climate and even for nuggets about America’s standing in the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Following a slowdown in February, hiring in the United States rebounded in March, when non-farm payrolls rose by a seasonally adjusted 196,000 jobs. That figure exceeded a 175,000 increase from a survey of economists, The Wall Street Journal reported. Get the Full Story Complete the...
British companies are preparing for Brexit by stockpiling goods at rates usually seen during times of war. In fact, according to a report in The Wall Street Journal (WSJ), just in the month of March, U.K.-based companies stockpiled raw materials and components at the fastest pace...
The cost of voting to leave the European Union has been 6.6 billion pounds every quarter for the U.K., according to research from S&P Global Ratings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
