economy

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

Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast

Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
November 01, 2019  |  Retail

A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as...

READ MORE >
The Jobs Report, Business Strength – And The Stubbornly Persistent Trade Credit Gap
The Jobs Report, Business Strength – And The Stubbornly Persistent Trade Credit Gap
November 01, 2019  |  Economy

Yes, the jobs report was strong, and yes, there had been a bit of caution coming into the Friday report on the heels of the...

READ MORE >
US Household Spending Climbs
US Household Spending Climbs
November 01, 2019  |  Economy

Consumers boosted their spending in September by 0.2 percent going into the fourth quarter, matching August’s increase but coming in slightly below economists’ expectations, The...

READ MORE >
EU Consumer Confidence Declines To Lowest Point Since December
EU Consumer Confidence Declines To Lowest Point Since December
October 24, 2019  |  Europe

Data shows that consumer confidence in the European Union has fallen to its lowest level since the end of last year. Get the Full Story...

READ MORE >
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
October 22, 2019  |  Legal & Regulation

Recent short-term, or repo, lending issues have Sen. Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking...

READ MORE >
Study: FIs Must Be Stronger To Prepare For Economic Slump
Study: FIs Must Be Stronger To Prepare For Economic Slump
October 22, 2019  |  Banking

McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct....

READ MORE >
Tariffs, Trade Tensions Impact Auto Shipping
Tariffs, Trade Tensions Impact Auto Shipping
October 21, 2019  |  Economy

The lingering impacts of various trade wars are refashioning supply chains and slowing the flow of goods across borders and across various logistics corridors —...

READ MORE >
Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith For Pay By Bank
Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith...
October 18, 2019  |  News

Today in the payment’s news roundup, PayPal is teaming with Synchrony Financial to put forward a Venmo co-branded credit card next year. Also, Mastercard is...

READ MORE >