Economy

Economy
Retail Sales Seesawing In 2019
May 15, 2019

Retail sales in the U.S. declined in April, according to the latest figures released by the Commerce Department. Retail sales were down 0.2 percent in April, following an unexpectedly large 1.7 percent jump in March (an upward revision of the 1.6 percent increase originally reported)....

Markets
Uber’s Fall To Give Rise To Investor (IPO) Caution?
May 14, 2019

In the wake of what can only be termed a disappointment, Uber’s IPO may paint other companies that are newly public or aiming to come public with a broad, and decidedly negative, brush. Get the Full Story Complete the form to unlock this article and...

Economy
Canada’s Insolvencies Jump In March To Highest Level In Eight Years
May 13, 2019

Consumers in Canada filed 11,963 insolvencies in March, up 5 percent from a year ago and the highest number in eight years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Why The Loan Shark Prevention Act Will Harm Consumers
May 13, 2019

Let’s hop into the time travel machine this Monday morning and go back to the year 1973. 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...

Markets
Uber’s Bust(ed IPO) Of A First Day
May 10, 2019

Call it a less than auspicious beginning. 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 this form, you agree...

Economy
Goldman Delays Marcus’ Germany Launch
May 06, 2019

Goldman Sachs has decided to delay the German launch of its consumer bank Marcus until 2020. 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,...

Markets
Warren Buffett’s Berkshire Firm Has Finally Invested In Amazon
May 03, 2019

Billionaire Warren Buffett’s firm Berkshire Hathaway has been purchasing shares in Amazon, and Buffett said he has underestimated Amazon founder Jeff Bezos, according to a report by Bloomberg. Berkshire is a $531 billion company with businesses ranging from  Geico to Dairy Queen.  Get the Full Story Complete the...

Markets
Grubhub Spikes 10 Pct Post-CEO Stock Purchase
May 02, 2019

Grubhub saw its shares increase as much as 10 percent after it was revealed that its CEO purchased almost $1 million of company stock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Treasury Opposes UK’s Plans For EU Tuition Spike
April 28, 2019

Theresa May, the prime minister of the U.K., is expected to face backlash over a proposal in which EU nations would pay the same rate as other international students to study at U.K. colleges and universities. Get the Full Story Complete the form to unlock...