Market watchers have sent out a warning that the U.S. economy might be heading toward a recession. 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...
As the market grapples for momentum before companies report second-quarter earnings, rising wages may prove to be a headwind: Labor Department data indicates that the average hourly earnings rate rose 2.7 percent in June from the prior year. And, overall, wages have climbed a minimum...
The United States economy added more jobs than had been expected in June, with manufacturing gains notable in terms of verticals. Reuters reported Friday that gains in the employment rosters also show traction in inflation, which means that rate increases are still on the horizon....
The payrolls at U.S.-based private companies increased less than expected in June at the same time that the number of people in the U.S. who filed for unemployment last week increased unexpectedly. Get the Full Story Complete the form to unlock this article and enjoy...
Sluggish wage and job growth hit U.S. small businesses (SMBs) in June, leading to a decline in an index measuring economic health in those areas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With 120 companies using initial public offerings (IPOs) to raise more than $35 billion on U.S. exchanges, companies are raising capital through the markets at an uncommonly fast pace compared to the past 20 years. Dealogic data indicates that this year’s activity is the highest...
President Donald Trump’s tax reform — signed into law late last year — was a boon for the stock market, but his tough trade stance is pressuring stocks so far in 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The trade war that is playing out on a global scale now is hitting business outlooks — and the worldview of central banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Aiming to prevent startups from defecting after London leaves the European Union, the U.K. government is offering startups a bunch of perks to keep them in the city by providing them trips, dinners and startup help — and potentially hooking them up with U.S. partners....
