Economy

Economy
US-China Trade War Costs Billions For Both Sides
January 02, 2019

The trade war between the United States and China has ended up costing billions of dollars for both sides during 2018, with agriculture feeling the most pain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
2018: The Year Of The Confident Consumer
December 29, 2018

What a difference a decade makes. Ten years ago, consumer confidence had slipped to an all-time low, and consumer spending followed it down the rabbit hole. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Consumer Confidence Plunges
December 27, 2018

American consumer confidence faltered in the month of December to the lowest level its been since July, and by the most in 41 years, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
EU Central Bank Warns Of 2019 Global Slowdown
December 27, 2018

The European Central Bank warned Thursday (Dec. 27) that the economy on a global basis is headed for a slowdown next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Consumer Spending In UK Falls In November Despite Black Friday
December 17, 2018

Consumer spending in the U.K. last month took its largest fall since July as worries about Brexit weighed on consumer confidence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
EBA: No-Deal Brexit Would Hurt UK Payment Firms
December 16, 2018

Payment providers in the U.K. are not fully prepared for the chance of a no-deal Brexit, warned the European Banking Authority late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems  
December 12, 2018

Can it happen again? 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
What Delayed Brexit Vote Means For Financial Services
December 11, 2018

A critical vote on Brexit has been delayed in Britain’s parliament.  What happens next is anyone’s guess, and might even include the exit of Brexit (though unlikely).  Here’s a look at the various scenarios and the ways that financial services may be impacted – or...

Economy
Citi: Facebook, Google Hiring Decline Signals Job Growth Peak
December 09, 2018

Facebook and Alphabet, the two tech heavy hitters, have been curbing hiring, which Citi analyst Mark May said could signal a peak in overall job growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...