Henry Wadsworth Longfellow once wrote, “into every life, a little rain must fall,” a piece of poetry that will become a reality this weekend in the American southeast. Except, of course, it won’t be a little rain — it will be a lot of rain...
Citing an analysis by JPMorgan Chase, Bloomberg reported the Wall Street bank doesn’t think the next financial crisis will be as painful as past crises, but that it is coming. According to the analysis, stocks could decline around 20 percent with the next crisis, the U.S....
When it comes to currency and global trade, “stability” seems like a quaint concept these days, an increasingly distant memory that takes on the trappings of nostalgia. One currency goes into crisis, and then another. The stolid figures of finance issue warnings that seem crafted...
Currency hedging has long been a part of global business and trade — but now it is becoming more important thanks to increasing economic and political volatility. In a new PYMNTS interview, Karl Schamotta, regional director of risk management solutions at Cambridge Global, which sells...
The U.S. middle class is making income gains and earning more than ever, but much of the commerce designed to appeal to those consumers — arguably the most significant cultural and economic force in the United States since the defeat of Germany and Japan in...
Are the waves of job growth in the United States slowing to a trickle? 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...
The U.K.’s request for the European Union to expand its financial market access after Brexit isn’t going to be met in the near future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Britain could potentially withhold some payments to the European Union if a deal to help the country leave Brexit doesn’t happen before next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
U.S. economic growth in the second quarter had its strongest performance in nearly four years, but there are signs that momentum is slowing down a bit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...