It may have been relatively easy pickings, the so-called “mall short.” But on Wall Street, crowded trades can become traps, when sentiment turns and people rush toward the exits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While Costco has had a rough time this month, with an earnings release that didn’t live up to expectations and shares that dropped 5.7 percent, many analysts are saying this is the perfect time to buy stock in the national wholesale retailer. Get the Full...
Stock markets in Europe were mixed as the formal process of Brexit began this week. 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,...
Brexit negotiations are set to begin soon, but whether they will result in a good or bad deal is yet to be determined. In this week’s Brexit Tracker, Germany takes a stronger stance on Brexit, a question of how European Union (EU) data protections will...
The Trump rally got a bump on Tuesday — down. The U.S. stock market and several other asset classes, including bonds, sank markedly that day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
America First as trade policy is here, or looming, as language lost by the G20 debuts, conspicuous by its absence. Might payments suffer in the wake of truncated free trade?
On Wednesday, March 29, negotiations for Britain to split from the European Union will officially begin. In this week’s Brexit Tracker, British Prime Minister Theresa May was given the go-ahead to pull the trigger on Article 50, and Robert Bolle, regional manager at AFEX, joined...
Britain is moving closer and closer to the reality of operating in a post-Brexit world as the “Brexit bill” proceeds for Royal Assent. In this week’s Brexit Tracker, Scotland makes a strong statement on independence, the catalyst for changing global B2B payments and the bill...
This past week saw grocery stocks down again — with one exception — as stateside food deflation continues to eat away at grocers’ bottom lines and investors’ optimism. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...