Economic data points are frozen in time – and yet taken collectively tell tales. The latest readings on consumer confidence and on business inventories and shipments seem to hint at some divergence in how consumers see their near term fortunes and businesses see theirs….question is:...
Does a softness in investment activity by U.S. firms hint at a rocky fourth quarter and bumpy holiday spending season? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The world is awash in debt marked by negative interest rates. It’s a $17 trillion warning sign of overextended corporate borrowing and lending, CreditRiskMonitor CEO Jerry Flum tells Karen Webster that this time it’s different — and China looms as a factor in how it...
Data paint a portrait — rarely a photo in stark relief, usually more along the lines of an impressionist painting. Connect the dots a bit, among far-flung data points, and the impression that emerges is … the consumer is holding up, and actually doing just...
Almost 200 CEOs at The Business Roundtable, a meeting of executives from corporations like JPMorgan, Apple and Amazon, have redefined the “purpose of a corporation,” according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Fears over the United States/China trade war and slowing global growth are causing many U.S. companies to cut down their plans for spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
On second thought, hold the tariffs. 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...
It costs more than ever to pay with a credit card in the U.S., with many consumers paying 17 percent, the highest rate in the 25 years the Federal Reserve has made the calculation, the Financial Times reported on Tuesday (Aug. 6). Get the Full...
In a new indication that the economy has stabilized as the Fed moved to reduce interest rates, hiring in the United States slowed in July but fell in line with estimates. The Labor Department said on Friday (August 2) that nonfarm payrolls increased by 164,000...
