Economy

Economy
ECB Moves Fuel Global Recession Fears
September 12, 2019

Gloomy economic clouds keep gathering, and the latest example comes from Europe, as retailers and payment services providers shift more of their focus to the all-important holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Global Debt Spike Has Some Central Bankers Worried
September 09, 2019

As the U.S.-China trade war continues and economies take a dive, already low global interest rates could drop even further, The Wall Street Journal reported on Sunday (Sept. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Data Shows China Slowdown Much Worse Than China Admits
September 09, 2019

China’s second-quarter economic data shows a 6.2 percent growth; however, economists and investors believe the numbers are worse than what is being officially released, The Wall Street Journal reported. China’s reported data came in close to Beijing’s target, a figure that has been published quarterly...

Economy
Amid Trade War, US Job Growth Misses Estimates
September 06, 2019

The trade war, indirectly, seems to have had an impact on hiring. 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...

Economy
New Tariffs On Clothes, Shoes To Hit Consumers In The Wallet
September 02, 2019

After the President Donald Trump administration added 15 percent tariffs to $112 billion of goods from China on Sunday (Sept. 1), China responded by imposing additional tariffs on U.S. goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Global Banks Plan For No-Deal Brexit
August 30, 2019

International financial institutions in the U.K. are getting ready for changes as it becomes more likely there will be a no-deal Brexit in October, Bloomberg reported on Friday (Aug. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Connecting The Dots: Consumer Confidence, Inventories Tell Separate Economic Tales 
August 28, 2019

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:...

Economy
Do Soft US Business Investments Mean A Bumpy Holiday Season On Horizon?
August 26, 2019

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....

B2B Payments
Zuora Faces Revenue Woes Due To Slow Integration, Poor Sales Execution
August 26, 2019

As Zuora’s stock has fallen over the past year, one analyst is giving the company a neutral rating. 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...