Economy

Economy
Glacial Pace For SMB Job Creation?
January 23, 2017

There’s the perception that, with low unemployment, job creation has been on a tear in the United States among small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Brexit Tracker: Funding Circle Thrives, Retailer Cuts Bonuses, VC Funding Rebounds?
January 17, 2017

This week displayed many ups and downs for the post-Brexit economy in the U.K. From big funding news to big cuts to bonuses, this week’s Brexit Tracker continues to track how Britain’s decision to exit the European Union (EU) is impacting business across industries. Get...

Economy
Eight People Have As Much Wealth As The Poorest Half Of The Global Population
January 17, 2017

Eight individuals, all of which are men, have as much wealth as the poorest half of the population around the globe, according to Oxfam, the international charitable organization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
More Americans Say They Will Die Debt-Free
January 14, 2017

Debt is something of a strange topic for Americans. 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 Today. By completing this form,...

Economy
PACE Loans Starting To Look Like Pre-Crisis Subprime
January 12, 2017

They say that history does not repeat itself, but in the case of lending, it sure does seem to rhyme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
Brexit Tracker: Snapchat Eyes London, Shoppers Up Spending, House Prices Bounce Back
January 11, 2017

Britain Prime Minister Theresa May has made it clear that Brexit pain lies ahead as the country looks to exit the European Union. May said that the wrangling (and the logistics) of getting the country out of the EU will likely prove to be “exceptionally...

Economy
Jobs Gains Miss Expectations, But Wages Up
January 06, 2017

Employment in the United States grew by a rate that was less than expected last month. But wages rebounded, which shows the economy is still growing at a pace that sets the stage for more interest rate boosts from the Federal Reserve later this year....

Residential Real Estate Grows In Spite Of Rising Mortgage Rates
January 05, 2017

The floor is in for mortgage rates, and the direction now is up. The conventional wisdom might hold that residential real estate sales should slow, but if the last few months have taught us anything, it’s that conventional wisdom is too … well, conventional. Get...

Economy
Real GDP Growth Increased 3.5 Percent For Third Quarter
December 23, 2016

The economy is on an upward trajectory, with the Bureau of Economic Analysis reporting real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of this year, up from 1.4 percent in the second quarter. On a quarter-over-quarter basis,...