A little over a decade ago, something nearly unprecedented happened in the American economy: household debt contracted instead of growing. After hitting a peak a little north of $12 trillion in 2008, household debt began contracting in 2008 and kept falling through 2012, according to...
The managing director of the International Monetary Fund (IMF) said economic growth around the world has slowed down, which has left things in a precarious position, according to a report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amid the pending withdrawal of the U.K. from the European Union (EU), easyJet noted that travelers are more reserved with their ticket bookings as the the future relations between Britain and the bloc are uncertain. Even with the company’s first-half loss within expectations, easyJet said...
A new survey by CNBC showed that Americans are feeling optimistic about their ability to save for the future, but are also still anxious about it. The survey, which was conducted in March, polled 2,300 adults. Get the Full Story Complete the form to unlock...
Retail sales fell in February, as consumers curbed their spending and the stimulus from the tax cuts began to disappear. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Care.com, the internet-based childcare marketplace, had removed more than 46,000 daycare center listings from its website ahead of a Wall Street Journal investigation into its practices earlier this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Consumer sentiment improved in March as Americans felt better about the economy and the potential to earn money. 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...
Market regulators in the United States and the U.K. have finished working on two potential agreements in the event of a no-deal Brexit, according to a report in The Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In spite of the $1.5 trillion tax cuts put into place at the end of 2017 by President Donald Trump, the economy slowed more than anticipated at the end of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
