Economy

Economy
FCA: No-Deal Brexit Poses Risks To Financial Sector
March 21, 2019

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...

Economy
Study: Trade War Squandered $7.8B In GDP Last Year
March 18, 2019

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...

Economy
Retail Data Points To Tough Sledding For US Economy — Or Vice Versa?
March 14, 2019

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?

Economy
Parliament Rejects PM’s Deal And A No-Deal Brexit
March 14, 2019

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...

Economy
UK Chancellor Hammond Warns Again About No-Deal Brexit
March 13, 2019

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...

Economy
Bad Sign For Retail? US Inventories Jumped In December
March 11, 2019

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...

Economy
Jobs Data: Employers, Workers Are Hard To Find
March 08, 2019

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...

Economy
Democrats Propose Tax On Stocks, Bond, Derivative Deals
March 04, 2019

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...

Economy
US, China Near Completion Of Trade Deal
March 03, 2019

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...