economy

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

China Institutes New Policy To Boost Small Firm Lending
China Institutes New Policy To Boost Small Firm Lending
December 19, 2018  |  Loans

Faced with a slowing economy and a trade dispute with the U.S., China’s central bank on Wednesday (Dec. 19) announced a new policy tool aimed...

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UK Retailers Dealing With Slow Holiday Shopping Season
UK Retailers Dealing With Slow Holiday Shopping Season
December 14, 2018  |  Europe

U.K. retailers are warning of a bad holiday shopping season.  Mike Ashley, head of the Sports Direct chain, warned that the situation is dire, with...

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India’s ATM Closures Seen As Boost To Demonetization Efforts
India’s ATM Closures Seen As Boost To Demonetization Efforts
December 14, 2018  |  Cash

In November 2016, the Indian government issued a ban on the nation’s higher-denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency invalid....

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Consumer Credit Originations Poised For More Growth In 2019
Consumer Credit Originations Poised For More Growth In 2019
December 12, 2018  |  Loans

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for...

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Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems   
Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems  
December 12, 2018  |  Economy

Can it happen again? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Macron, French Banks Agree Not To Raise Bank Fees
Macron, French Banks Agree Not To Raise Bank Fees
December 12, 2018  |  Europe

France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that have recently hit...

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In France, Protests’ Ripple Effect Hits Holiday Season
In France, Protests’ Ripple Effect Hits Holiday Season
December 10, 2018  |  Retail

Christmas, cancelled? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Citi: Facebook, Google Hiring Decline Signals Job Growth Peak
Citi: Facebook, Google Hiring Decline Signals Job Growth Peak
December 09, 2018  |  Economy

Facebook and Alphabet, the two tech heavy hitters, have been curbing hiring, which Citi analyst Mark May said could signal a peak in overall job...

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Oct. Consumer Credit Logs Fastest Gains In 11 Months
Oct. Consumer Credit Logs Fastest Gains In 11 Months
December 07, 2018  |  Debt

The willingness to take on debt and open wallets, at least here, remains unabated. Get the Full Story Complete the form to unlock this article...

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