Economy

Economy
Brexit Stirs Doubts Among Hi-Tech Financial Firms
February 27, 2017

Has the Bre-xodus begun? 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, you agree to receive marketing...

Economy
Brexit Tracker: Funding’s Tough Sell, Digital Banking Fears Mount, And Lloyds Eyes Berlin
February 21, 2017

It’s no secret that U.K. startups have felt the impacts of operating in a post-Brexit economy — with dips in funding and pressure to vacate for better opportunities. In this week’s Brexit Tracker, even long-time venture capitalists struggle with raising funds, one digital banker fears...

Economy
US Economy Shows Steady Growth
February 17, 2017

While there’s been plenty of national news that is causing many Americans a great deal of stress, there is some good news to hold onto — the economy is showing continued growth in everything from consumer spending and job growth to manufacturing. Get the Full...

Markets
Day Five Of Trump-Driven Wall Street Rally
February 16, 2017

The stock markets continued to surge on Wednesday (Feb. 15) with the S&P headed for a seven-day winning streak after President Donald Trump reiterated his plan to cut taxes. Shares are also climbing on increased optimism that the Federal Reserve will raise interest rates when...

Markets
Munger ‘Confused’ About Future Of Amex
February 16, 2017

In the world of value investing, Warren Buffett stands out as an icon, and lesser known but equally adept is his partner at Berkshire Hathaway, Charles Munger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Markets
The Buffett Effect: Sells Millions In Walmart Stock, Shares Flat
February 16, 2017

Call it the Buffett Effect. The famed investor known as the “Oracle of Omaha” has, through his Berkshire Hathaway company, sold $900 million in Walmart shares, as of the last quarter of 2016. That tally represented about 90 percent of Berkshire’s holdings, with a 12-year...

Economy
Brexit Tracker: Labor Shortages Rise, EU Weighs In And A Sonos Price Hike
February 14, 2017

As the uncertainty surrounding Brexit continues, impacts are being felt across the U.K. In this week’s Brexit Tracker, labor shortages abound, the European Union delivers its own outlook on the future growth of the U.K. and Sonos is reacting to the changing currency exchange rate...

Economy
Brexit Much? UK Startup Funding Sees First Dip In 5 Years
February 10, 2017

A new research report revealed that startups in the U.K. are seeing a big impact from Brexit – for the first time in five years, startups and fast-growing companies in the region saw a dramatic drop in funding last year. Get the Full Story Complete...

Economy
Brexit Tracker: The Negotiation Gulf, Theresa May’s Warning And The UK Economy’s Future
February 07, 2017

The lines are clearly drawn between the European Union and the U.K., with impeding negotiations expected to widen the already massive gulf between the two sides. In this week’s Brexit Tracker, we see what challenges are on the horizon as negotiations begin, the stern warning...