S&P Dow Jones Indices and Experian Wednesday (Feb. 20) released the S&P/Experian Consumer Credit Default Indices data, representing a comprehensive measure of changes in consumer credit defaults. For January the Indices showed that the composite rate rose 1 basis point from last month to 0.90 percent....
Might the latest data on car loans – to be specific, delinquencies on those car loans – offer flashing warning signs on credit and the consumer in general? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A few months back, Morgan Stanley published a report stating that inflation – which had been dormant for years in the wake of the financial crisis – was stirring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) will publish its advance fourth-quarter gross domestic product (GDP) report at the end of February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The U.K. continues to prepare for the possibility of a no-deal Brexit by making sure its clearing houses and customs procedures can still do business without interruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A new report says that the government shutdown has cost the country about $11 billion in gross domestic product — and will impact the United States’ economic growth for the rest of the year. Get the Full Story Complete the form to unlock this article...
The partial shutdown of the U.S. federal government – which lasted 35 days, the longest in modern history – cost the U.S. economy $6 billion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Inflation may keep on truckin’ — literally. 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...
Manufacturing-heavy states in the Midwest will be hit hardest by the rise of artificial intelligence (AI) and automation for lower-skilled jobs, according to a new study by Brookings Institution researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...