economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

China Bank Loans Decline In July Amid Trade Tensions
China Bank Loans Decline In July Amid Trade Tensions
August 12, 2019  |  International

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. 12). Get the...

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

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...

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

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...

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Kroger Building New Automated Warehouse Facility
Kroger Building New Automated Warehouse Facility
July 28, 2019  |  Merchant Innovation

Supermarket giant Kroger and online grocery retailer Ocado are joining forces to build the second of 20 planned automated warehouse facilities. Get the Full Story...

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Consumer Spending Bolsters Big Bank Earnings
Consumer Spending Bolsters Big Bank Earnings
July 21, 2019  |  Earnings

Trade wars?  Check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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

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...

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New China Guidelines Increase Foreign Business Opportunities
New China Guidelines Increase Foreign Business Opportunities
July 14, 2019  |  International

The world’s second-largest economy wants to make business transactions easier, from nurturing private enterprises to widening market access. Get the Full Story Complete the form...

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Tech Earnings Stumble Could Have Broad Economic Ripple Effect
Tech Earnings Stumble Could Have Broad Economic Ripple Effect
July 14, 2019  |  Earnings

After a contraction in the first quarter of 0.3 percent, blue-chip firms in the United States are forecasted to have a 2.8 percent fall in...

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Trump Speaks Out Against Crypto, Calls It ‘Based On Thin Air’
Trump Speaks Out Against Crypto, Calls It ‘Based On Thin Air’
July 12, 2019  |  Cryptocurrency

President Trump took to Twitter on Thursday night (July 11) to talk about cryptocurrency and Facebook’s Libra, according to a report by CNBC. Get the...

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