Economy

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.

Economy
Brexit Plan Could Alienate UK FIs
November 15, 2018

The United Kingdom and the European Union have come to an agreement that will give London’s financial center basic access to the EU’s markets after Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Forty-Six Percent Of Americans Live Paycheck To Paycheck
November 13, 2018

When it comes to the economy here in the U.S., the big picture – call it the “top down” view – looks fairly rosy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Consumers Spend, Businesses Don’t Seem To Be
November 12, 2018

The tax cuts signed into law by President Donald Trump late last year were expected to spur a spending boost on the part of consumers and businesses around the country. While the consumers have done their job boosting spending, businesses haven’t been following suit, reported...