economic growth

Gov’t Shutdown Costs Creep To $11B
Gov’t Shutdown Costs Creep To $11B
January 29, 2019  |  Economy

A new report says that the government shutdown has cost the country about $11 billion in gross domestic product — and will impact the United...

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China’s Economic Growth Suffers Amid Trade War
China’s Economic Growth Suffers Amid Trade War
January 21, 2019  |  International

With a trade war with the U.S. weighing on the Chinese economy, economic expansion in China hit a pace not seen in close to three...

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Q1 GDP Growth To Be Impacted By Gov’t Shutdown
Q1 GDP Growth To Be Impacted By Gov’t Shutdown
January 20, 2019  |  Politics

With the partial U.S. government shutdown as a result of the standoff between President Donald Trump and congressional Democrats now in its fourth week and no...

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Stock Market Rout Could Hit Wealthy Households In 2019
Stock Market Rout Could Hit Wealthy Households In 2019
January 16, 2019  |  Economy

With the stock market selling off in recent weeks, Goldman Sachs is warning that wealthy households will feel some of the pain. According to a...

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Banks Lack Faith In Tech Giants’ Trade Finance Ambitions
Banks Lack Faith In Tech Giants’ Trade Finance Ambitions
January 16, 2019  |  B2B Payments

Amid a global market with a massive lack of trade finance accessibility, the International Chamber of Commerce (ICC) recently found that banks are growing more bullish...

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Alibaba Shares Fall On Slowing Chinese Economy
Alibaba Shares Fall On Slowing Chinese Economy
January 14, 2019  |  Investments

Stocks for Alibaba, China’s eCommerce giant, are down 1.7 percent after the president of the company admitted that China’s consumer market is slowing down, according...

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US Corporate Debt Outpaces Economic Growth
US Corporate Debt Outpaces Economic Growth
January 11, 2019  |  B2B Payments

The value of debt held by U.S. corporations is now growing faster than the economy, and businesses are struggling to make their interest payments, according...

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Small Business Optimism Begins Its Downswing
Small Business Optimism Begins Its Downswing
January 09, 2019  |  B2B Payments

After record levels of optimism among U.S. small business owners last year, it appears the trend may be over. Reports in the Wall Street Journal...

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

The European Central Bank warned Thursday (Dec. 27) that the economy on a global basis is headed for a slowdown next year. Reuters, citing the...

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