Economy

Economy
Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems  
December 12, 2018

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Economy
What Delayed Brexit Vote Means For Financial Services
December 11, 2018

A critical vote on Brexit has been delayed in Britain’s parliament.  What happens next is anyone’s guess, and might even include the exit of Brexit (though unlikely).  Here’s a look at the various scenarios and the ways that financial services may be impacted – or...

Economy
Citi: Facebook, Google Hiring Decline Signals Job Growth Peak
December 09, 2018

Facebook and Alphabet, the two tech heavy hitters, have been curbing hiring, which Citi analyst Mark May said could signal a peak in overall job growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Brexit Spooks Investors In Mall Landlord Intu
November 30, 2018

Although a Brexit deal is in the works, three companies have backed out of a potential £2.9 billion buyout of mall landlord Intu due to concerns about the U.K.’s impending exit from the European Union. Get the Full Story Complete the form to unlock this article...

Economy
Report: Americans Anxious About Bills; Almost Half Pay Late
November 29, 2018

Six out of every 10 Americans are anxious about their bills, and almost half (46 percent) pay them late, according to a report by the Aite Group that is sponsored by ACI Worldwide and Visa. Get the Full Story Complete the form to unlock this...

Economy
London Could Lose Billions In Banking Assets As A Result Of Brexit
November 29, 2018

Frankfurt Main Finance, the lobbying group, is warning that London will lose up to €800bn (£700bn) in assets to Frankfurt by March as banks begin moving business to Germany ahead of Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Brexit Is (Finally) Approved, Awaits Parliamentary Vote
November 26, 2018

European Union leaders have approved a treaty with Theresa May outlining Brexit terms with the U.K. 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...

Economy
Durable Goods Order Decline Steepest In 15 Months
November 22, 2018

Orders for durable goods in the U.S. declined the most in 15 months in October as demand for transportation equipment suffered a sharp decline, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
As March Looms, Brexit Impact On Financial World Still Uncertain
November 22, 2018

Brexit is still being hammered out. Much remains to be done, and amid political wrangling, the future of what financial services will look like after the divorce between the UK and the EU remains uncertain. From passporting to equivalence, here are a few lingering issues.