Economy

Economy
More Americans Say They Will Die Debt-Free
January 14, 2017

Debt is something of a strange topic for Americans. 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,...

Economy
PACE Loans Starting To Look Like Pre-Crisis Subprime
January 12, 2017

They say that history does not repeat itself, but in the case of lending, it sure does seem to rhyme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
Brexit Tracker: Snapchat Eyes London, Shoppers Up Spending, House Prices Bounce Back
January 11, 2017

Britain Prime Minister Theresa May has made it clear that Brexit pain lies ahead as the country looks to exit the European Union. May said that the wrangling (and the logistics) of getting the country out of the EU will likely prove to be “exceptionally...

Economy
Jobs Gains Miss Expectations, But Wages Up
January 06, 2017

Employment in the United States grew by a rate that was less than expected last month. But wages rebounded, which shows the economy is still growing at a pace that sets the stage for more interest rate boosts from the Federal Reserve later this year....

Residential Real Estate Grows In Spite Of Rising Mortgage Rates
January 05, 2017

The floor is in for mortgage rates, and the direction now is up. The conventional wisdom might hold that residential real estate sales should slow, but if the last few months have taught us anything, it’s that conventional wisdom is too … well, conventional. Get...

Economy
Real GDP Growth Increased 3.5 Percent For Third Quarter
December 23, 2016

The economy is on an upward trajectory, with the Bureau of Economic Analysis reporting real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of this year, up from 1.4 percent in the second quarter. On a quarter-over-quarter basis,...

Economy
Slow Productivity Growth, Income Inequality Are Among Problems Facing US
December 16, 2016

On Thursday (Dec.15), the White House released its annual Economic Report of the President, which highlights what economists in the White House determined to be the toughest problems impacting economic policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Markets
For Jobs Report, Glass Half-Empty or Half-Full?
December 02, 2016

The first jobs report post the surprise (and for many, shock) of Donald Trump’s election can be viewed, as so much in life and in markets, through a glass — half-empty or half-full. Get the Full Story Complete the form to unlock this article and...

Markets
Dow, S&P Climb, Trump’s Stock Rally Runs On
November 22, 2016

Looks like the Trump rally may have some legs. 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,...