Economy

Economy
US Banking Industry Had No Failures In 2018
January 10, 2019

U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
From Earnings Crunch To Credit Crunch?
January 08, 2019

By any reckoning, there may be a reckoning coming for stocks. The December no one wants to remember is in the rearview mirror, while January has shown some real continued volatility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Non-Farm Payrolls Rose By 312K In Dec
January 04, 2019

Even amid declines in the financial markets, employers in the United States brought more jobs into the economy in December at the quickest cadence in months. At the same time, average hourly earnings notched their top full-year gains in years during the month, The Wall...

Economy
Americans Aren’t Struggling Despite Rising Consumer Debt
January 02, 2019

Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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...