Economy

Economy
India’s Struggling Alt Lending Sector A Risk To Economy
July 05, 2019

The non-bank lending sector in India has seen a few defaults and failures, and has reduced consumer and business credit, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Jobs Report Shows Unemployment Near Record Low
July 05, 2019

The U.S. economy added 224,000 jobs in June, which is the best gain since the start of the year, and the unemployment rate is near a 50-year low. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
ADP: Private Employers Created 102K Positions In June
July 03, 2019

While the pace of growth in the labor market was slower than had been expected by economists, U.S. job growth rebounded last month per ADP data. The payroll company noted that private employers added 102,000 jobs in June, TheStreet reported. Get the Full Story Complete...

Economy
Earnings Season, Where No News May Be Good News
July 02, 2019

In investing, information is king. And the markets, according to some observers, digest info quickly, and stock prices discount that information with haste. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Trade War Casualty: Chinese Tourism — And Businesses Serving Tourists
June 07, 2019

Trade wars are wars where injuries accrue cut by cut, tariff by tariff, slices taken off the top of GDP. But getting a bit granular, trade wars hit some business verticals (which of course make up GDP) harder than others. Get the Full Story Complete...

Economy
Jobs Number Shows Trade War Hitting Home?
June 07, 2019

The headline numbers are these: The latest jobs report shows that 75,000 jobs were created in the United States last month. A slew of economists, as noted by Bloomberg, expected a gain of 175,000 jobs. Get the Full Story Complete the form to unlock this article...

Economy
Retailers In Britain Say Sales Are The Worst In 10 Years
May 24, 2019

A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Millions Of Americans Have Nothing Saved For Retirement
May 24, 2019

The job market may be strong and wages may be increasing, but scores of workers in the U.S. have little in the way of savings for retirement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
China Tariffs Could Cost Americans $831 A Year
May 23, 2019

The New York Federal Reserve Bank published research on Thursday (May 23) saying that increased U.S. tariffs on Chinese imports will cost the typical American household $831 a year, according to a report by Reuters. Get the Full Story Complete the form to unlock this...