economy

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

Coronavirus Ripple Effect: Cross-Border Tourism, Retail Sales and Supply Chains Down

Coronavirus Ripple Effect: Cross-Border Tourism, Retail Sales and Supply Chains Down
Coronavirus Ripple Effect: Cross-Border Tourism, Retail Sales and Supply Chains Down
February 24, 2020  |  Cross-border Payments

Not all black swan events are created equally, at least when it comes to certain business verticals. Get the Full Story Complete the form to...

READ MORE >
Fed’s Bullard Sees Coronavirus As Having ‘Short-Term’ Impact
Fed’s Bullard Sees Coronavirus As Having ‘Short-Term’ Impact
February 21, 2020  |  Economy

Call the Coronavirus a short-term blip, perhaps, or a temporary shock. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus
Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of...
February 20, 2020  |  News

In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman Sachs warns that...

READ MORE >
In Wake of Coronavirus, China Gov’t Takeovers Are Real Possibilities
In Wake of Coronavirus, China Gov’t Takeovers Are Real Possibilities
February 19, 2020  |  Cross-border Payments

Beyond the obvious health impacts of the Coronavirus outbreak itself, where hospitals are filling up and the death toll is mounting, costs of a different...

READ MORE >
China Uses Monetary Policy To Cure China’s Economic, Viral Ills
China Uses Monetary Policy To Cure China’s Economic, Viral Ills
February 18, 2020  |  Cross-border Payments

Can monetary policy cure the ills of an economic slowdown caused by the Coronavirus? Get the Full Story Complete the form to unlock this article...

READ MORE >
Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  Cross-border Payments

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

READ MORE >
China’s Alibaba Loans Near $3B To Coronavirus-Affected Firms
China’s Alibaba Loans Near $3B To Coronavirus-Affected Firms
February 18, 2020  |  Cross-border Payments

Alibaba said on Monday (Feb. 17) that ㍐20 billion ($2.86 billion) is available in loans via its affiliate, Ant Financial’s MYBank, to help companies affected...

READ MORE >
EU Braces For Coronavirus’ Impact On PMI
EU Braces For Coronavirus’ Impact On PMI
February 16, 2020  |  Cross-border Payments

China’s coronavirus is having a negative impact on the eurozone’s already-sluggish economy, and no one is confident that the U.S. Fed will leave interest rates...

READ MORE >