In a new warning about the U.K. leaving the European Union without a deal, Chancellor of the Exchequer Philip Hammond said people will be worse off if that happens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Inventories at companies in the U.S jumped in the last month of 2018 as sales plummeted the most in three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The data coming out would seem to indicate the labor market is as tight as might be possible. The headline numbers that came out Friday from the Labor Department do show that the pace of hiring slowed markedly in February. Get the Full Story Complete...
In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. U.S. Rep. Peter DeFazio (D-OR) is spearheading the “Wall Street Tax Act of 2019” bill, with U.S. Rep. Alexandria Ocasio-Cortez (D-NY) as its...
With both countries potentially lifting tariffs, the U.S. and China are reportedly nearing a trade deal. A formal agreement could come around the end of March, although hurdles do remain in such a potential arrangement, The Wall Street Journal reported. Get the Full Story Complete...
Amid the biggest drop in consumer spending since 2009, personal incomes in the U.S. declined for the first time in over three years. The moves began the early part of the first quarter by placing the economy on a path of weak growth, Reuters reported....
With the tax cut in the rear window, the growth in the U.S. economy slowed to an annual rate of 2.6 percent during the last three months of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
British Prime Minister Theresa May has delayed a vote in Parliament on her Brexit deal. 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,...
Conventional wisdom coming into this past week held that the Federal Reserve would raise rates at least twice this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
