Economy

Economy
July Retail Sales Boost: Consumers Spend Big On Clothes And Food
August 19, 2019

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...

Economy
US CEOs Support Putting Ethics Before Profits
August 19, 2019

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...

Economy
US Firms Slash Planned Expenses As Confidence Dips
August 18, 2019

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...

Economy
Why The Tariff Delays Do Not Equal Christmas In August
August 13, 2019

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...

Economy
Average US Credit Card Rates Top 27 Pct. In May
August 06, 2019

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...

Economy
Nonfarm Payrolls Rose 164K In July
August 02, 2019

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...

Economy
Commercial Paper Surge Signals Corporates’ Economic Doubt
July 19, 2019

Corporate treasurers and chief financial officers are on the defensive, issuing short-term commercial paper at their fastest pace since 2011, according to reports in Bloomberg this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Debt Loads Hobble Chinese Firms
July 09, 2019

There’s an old saying in investing, which, paraphrased, works out to “you only find out who is swimming naked when the tide goes out.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Revolving Credit Balances Rise 5 Pct In May
July 08, 2019

The debt balances climb ever higher. 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...