The Financial Conduct Authority (FCA) warned Thursday (March 21) that a no-deal Brexit poses risks to the financial sector and the customers these firms serve, a news outlet has reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A new study by a group of economists found the trade war being waged by the White House has cost the economy in the U.S. $7.8 billion in lost gross domestic product last year. Get the Full Story Complete the form to unlock this article...
GDP growth is slowing, and retail numbers show lumpiness. Amid wage growth, full employment, a Fed keeping rate boosts in check, are things as good as they get for retail and the consumer?
It wound up being no deal for a no-deal Brexit. 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...
In a new warning about the U.K. leaving the European Union without a deal, Chancellor of the Exchequer Philip Hammond said people will be worse off if that happens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Inventories at companies in the U.S jumped in the last month of 2018 as sales plummeted the most in three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The data coming out would seem to indicate the labor market is as tight as might be possible. The headline numbers that came out Friday from the Labor Department do show that the pace of hiring slowed markedly in February. Get the Full Story Complete...
In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. U.S. Rep. Peter DeFazio (D-OR) is spearheading the “Wall Street Tax Act of 2019” bill, with U.S. Rep. Alexandria Ocasio-Cortez (D-NY) as its...
With both countries potentially lifting tariffs, the U.S. and China are reportedly nearing a trade deal. A formal agreement could come around the end of March, although hurdles do remain in such a potential arrangement, The Wall Street Journal reported. Get the Full Story Complete...